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Indies aim to grab share of online sales
Independent record labels behind artists like The White Stripes, Deep Purple and Arctic Monkeys announced a global deal Saturday to pool access to their catalogs, seeking to grab a bigger share of online music sales from the major record companies. Indies and their trade groups from more than a dozen countries signed up to Merlin, a nonprofit licensing agency that will cut deals on their behalf with download sites under the terms of the agreement unveiled at Midem, a music industry gathering in the French Riviera town of Cannes. Smaller record companies with just a handful of successful artists fear… Read more »