Steve Gottlieb, President and founder of TVT Records, the most successful indie label says.

“The indie labels will ultimately win, because they are most concerned with music that matters and who give commitment to their artists.”

“Major labels are disfunctional by design.”

“They cut costs and there is no artists development.”

“There will end up being one major.”

He calls them Majees or the Indors.

These will be large sophisticated indies or groups of indies who can compete by recognising that “there are no economies of scale and every artists is a brand new unique business.”

“Last couple of years the majors have tried to ape the Indies, but the reality is that they are under enormous pressure for instant results.