Major-Indie Development JVs (Joint Ventures) in the music industry refer to strategic partnerships between major record labels and independent artists or smaller independent labels. These collaborations allow independent entities to leverage the extensive resources, distribution networks, and marketing power of major labels, while often retaining creative control or a degree of autonomy. For major labels, these JVs can be a way to tap into emerging talent and innovative sounds from the independent scene, diversifying their roster and potentially reducing risk by partnering with already established independent successes.