Indies combine to become world's largest label

[vniow]

Independent labels, tired of being treated like second-class citizens at the bargaining table, have banded together to become a "virtual fifth major" label, and they've already started signing deals. Separately, each independent is tiny; together, they could form the largest label in the world.

http://arstechnica.com/news.ars/post/20070124-8689.html

Interesting...