The theme of "Major Label Acquisition of Indie Services" in the music industry refers to the increasing trend of major record labels purchasing independent distributors and artist services companies. This phenomenon is reshaping the global music landscape, making the independent or "DIY" route for artists more complex¹. Concerns have been raised by the indie sector regarding the potential for major labels to gain excessive market dominance through these acquisitions². For example, Sony Music Entertainment acquired AWAL in 2021³. This trend signifies a shift where major labels are expanding their artist services footprints globally⁴.