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<a accesskey="3" href="page.php?w=independent_record_label&amp;p=2">3.Next</a>
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<p>An <b>independent record label</b> (or <b>indie label</b>) is a <a href="page.php?w=music_company">music company</a> that operates without the funding or distribution of <a href="page.php?w=major_record_labels">major record labels</a>. These labels typically function as <a href="page.php?w=Small_and_medium_enterprises">small- to medium-sized enterprises</a> (SMEs). Independent labels and their artists are often represented by regional <a href="page.php?w=trade_associations">trade associations</a>, which are in turn represented globally by the</p><p>
<a accesskey="3" href="page.php?w=independent_record_label&amp;p=2">3.Next</a>
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