Loudeye, a long-time digital music company, has set up a new service called IndieSource that basically acts as a middle-man between indie record labels and online music stores, such as íTunes. The demand is clear -- quarter of American music sales are for indie labels' artists and currently all of the online music stores have focused their attention to five major record labels, mostly ignoring the niche players. Already several indie labels have signed up to Loudeye's service and company seems to be optimistic about its outlook.
Source: News.com













