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Guest post by Bobby Owsinski of Music 3.0Probably more than ever before, being on an indie label is actually good for an artist. Where in the past an indie label was looked on as the only alternative after being turned down by a major label, today an indie can have as much clout as a major, thanks to Merlin – the organization that collects global digital royalty revenues for independent labels.Merlin provides indie labels with a much larger voice, unlike in the past. This has led to an undeniable uptick in revenue, as indies now control about 12% of the global music market. That means that Merlin collect around $845 million in the last 12 months for indie labels alone!Merlin’s membership consists of 20,000 independent record labels and distributors from 63 countries, which includes such heavyweight indies as Beggars Group, Dim Mak, Domino, Eleven Seven Music Group, Entertainment One, Epitaph Records, !K7, Kobalt Label Services/AWAL, Mad Decent, mtheory, Mom + Pop, Ninja Tune, [PIAS], Secretly Group, Symphonic Distribution, Sub Pop and Warp Records. Over 80% of its members saw growth in the past year, which bodes well for the indie sector in general.Merlin Pulled Down Almost $900 Million For Indie Labels In 12 Months
Where historically being on an indie label was often a last resort after being rejected by a major, these days an indie signing can actually benefit an artist, thanks in. Continue reading [https://www.hypebot.com/hypebot/2019/07/merlin-collected-almost-900-million-for-indie-labels-in-12-months.html