(It's funny how everybody smaller than the Big 5 was considered technically an "independent" label, regardless of how they operated; as such, this lead to anomalies such as well-known indie-pop artists NSync and Britney Spears dominating the NME "indie" charts. On one extreme you have people who say that EMI is an indie label as they're not part of a zaibatsu, and at the other there are the indiekid snobs who would classify labels such as Matador as not being real indies because they're not run out of a bedroom.)
Please keep comments on topic and to the point. Inappropriate comments may be deleted.
Note that markup is stripped from comments; URLs will be automatically converted into links.