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What is the difference between an Indie record label and a major record label?

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What is the difference between an Indie record label and a major record label?

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Independent (or Indie )labels have less capital to work with than major record labels – usually affecting production quality of albums and the distribution of. Independent labels are usually a stepping stone for an artist before going with a more mainstream label and making the big bucks, especially if it is a more underground type of music.

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