Report tracks $134m of artist investment from nine independent labels

ORCA, the independent-music think tank that launched in 2024, has published its latest report today. It’s an analysis of the financials of nine independent labels in 2023: Alligator Records, Domino, Hopeless Records, Ninja Tune, Partisan Records, Playground Music, Secret City Records, Secretly Group and XL Recordings. Headline findings include the fact that the nine labels collectively invested […] The post is from Music Ally.