Great article on The Guardian this weekend on successful small labels like Rough Trade, XL and Domino in the UK and how they are staying true to their independent nature and finding success when many major labels are struggling in the face of the changing music business.
Once upon a time, the major labels were king. They swept up sales in their velvety cloaks, showered money from the heavens, and defined the way you and I bought music. Now they're shedding staff, dropping bands and losing their star names. Now the drivers of the record industry are small, maverick labels that define trends and launch careers. Some of them even sell records by the lorryload.
Read all about it here.