With two out of every five ‘purchases’ of music going to the independent sector, now may be a good time to draw breath and celebrate this incredible achievement. In an era in which diversity of all kinds is prized, yet consolidation is the norm, for a cultural sector such as music to achieve such remarkable diversity of both art and business models is truly extraordinary, and due in no small part to our ability to be strong together through our collective organisations.This report was by WIN aimed to analyse the global economic and cultural impact of the independent music sector. The results, that were gathered from 33 countries, represent the most comprehensive assessment of the global independent record label sector ever compiled, according to the agency. Alison Wenham, CEO of WIN at the release of the report said:
It has been another turbulent twelve months for our industry on a lot of levels but we have emerged with the prospect of powerful new legislation to protect our businesses, fantastic growth in some unexpected territories and increasing support from music fans who have continued to enjoy and engage with the amazing music coming out of the worldwide independent community.
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