INDEPENDENT record labels are ruling the music industry as they benefit from record sales.
Music Week magazine reports that music released on independent labels during 2013 has accounted for 26.4% of all sales in the UK – a 5% rise when compared to 2012.
It comes as welcomed news for independents within the music industry and follows news in the summer that the UK’s independent music shops are witnessing an equally successful year, with sales up by 44% for the first six months of 2013 from the same period last year.
Overall albums sales in general continue to decline, and are at a level 30% down on what was achieved in 2005.
David Bowie‘s comeback album The Next Day was revealed by the Official Charts Company in October as the most popular release of the year at aforementioned independent music outlets. Daft Punk, Nick Cave & The Bad Seeds, Queens Of The Stone Age and the Arctic Monkeys also at the top of the list.
