Who needs record labels?

independent.co.uk– Record companies. Who needs 'em? Well, if you believe a report released this week, every would-be musician currently sitting in their bedrooms with their eye on the big time does. The International Federation of the Phonographic Industry (IFPI) says it wants to counter the "myth" that new artists can make it on their own in the age of the internet. In its report it says that no new artists have broken through without a label behind them.

Topics:Industry