10 min read

Nobody puts indie in a corner

How a new generation of startups aims to help independent music stay that way
Nobody puts indie in a corner


A parallel music universe

If you were a young indie head in the 1980s or ’90s, you knew how to get your music fix. Instead of listening to American Top 40 with Casey Kasem, you would tune in to Snap! on KCRW in Santa Monica. Instead of picking out 12 tapes for 1¢ from Columbia House Records, you’d sign up to get the K Records cassette fanzine mailed to you straight from Calvin Johnson’s kitchen in Olympia. Or if you lived Down Under, you’d subscribe to the Fast Forward cassette magazine put out by DJs from Melbourne’s 3RRR radio station.

You wouldn’t be caught dead at the Sam Goody chain store in the Paramus mall; you’d take the bus to Manhattan to shop at Other Music in the East Village. In London, you would go hunt for Riot Grrrl zines like GirlFrenzy at underground comic book stores instead of lusting over the latest boy band in Smash Hits magazine. (Or both, no judgement.)

If you were old enough, you could even go see bands at SO36 in Berlin’s Kreuzberg district, Paradiso in Amsterdam Centrum, or Spaceland in L.A.’s Silverlake neighborhood. You’d probably try to get into CBGB in the Bowery rather than standing in line for Billy Joel’s residency at Madison Square Garden. Importantly, you’d do these kinds of things together with all your friends, and each of you would spend a sizable chunk of your paycheck from a low-wage service job to do it.

What “indie” sounds like

Before it became a category on Spotify, “indie” was more than a genre tag. It was a decentralized global network of bands, fans, and not-big businesses sharing a singular collective mission: to discover, develop, and support musicians working outside of the major label system—and to look really cool doing it.

Starting in the 1970s with tiny U.K. punk labels, it was hand-built by industry outsiders who craved hearing music from bands that the charts-driven majors wouldn’t take chances on. Over decades it evolved into a mature industry, eventually becoming the launching pad for a series of whole-genre mainstream breakouts, like New York hip-hop in the late ’80s and Seattle grunge in the ’90s.

Significantly, all the elements in this ecosystem—indie labels, indie radio stations, indie publications, indie promoters, indie distributors, indie record stores—operated parallel to, but mostly separate from, the economic engines of the mainstream music business. Many of the distribution and revenue channels were totally different. College radio stations didn’t run ads, they ran week-long pledge drives to augment their tiny university budgets. Indie album reviews appeared in photocopied zines that would mysteriously show up on a local book shop shelf. Young rappers dropped off stacks of CDs for sale at their nearest indie record store. Sweat equity was the only form of venture capital available.

In those days, “indie” was a vague and confusing label for a music genre, because it didn’t describe a specific sound. It described a genre-spanning cultural industry, one that was literally independent from big music. Indie was a home-grown parallel music universe.

Then came the algorithm.

We were promised jetpacks

If not jetpacks, then we were at least promised a delicious, endless feast of only music that we were sure to love, for one low monthly fee. What we got was a giant all-you-can-eat cruise ship dinner buffet filled with stolen mp3s. Of course, the major labels fixed everything by taking Spotify to court; it was only the indie bands and small record labels that couldn’t afford lawyers.

Suddenly beholden to a business model that they didn’t design and never asked for, much of the indie music ecosystem got washed out by streaming. The parts that remained standing were left to cope on their own, their support network now fractured. College radio listenership plunged, alongside pledge revenues. Thousands of record shops vanished. Respected indie music journalists got displaced by automated discovery playlists. The superstars of the ecosystem, indie musicians, could no longer earn money from their music by selling CDs, while the too-clever “pro-rata” royalties model decided that indie songs were worth about $0.003 per stream.

As the streaming tide has begun to ebb (yes, streaming in mature markets is nearly saturated, and it still makes way less money than physical music did; and yes, streaming fatigue is real, especially among Gen Z and younger), the new music landscape that it wrought has fully solidified. Despite vastly expanding the potential listening audience for emerging indie bands, the financial fundamentals of the streaming model mean that it will never be able to sustain as vital an indie music scene as the original ecosystem did.

But you know what? Fuck that. Nobody puts indie in a corner. Music outsiders are already building a new independent infrastructure to break free of the chains of the streaming-industrial complex. And this time, we’ve got computers.

Cue the indie ark

This is no nostalgic ship of fools trying to return to “better days.” Indie never looks back. And to be clear, many of the pillars of the original indie economy weathered the storm and are standing tall today, having adapted to the new reality. But if you ask them, they’ll all tell you: “We need our own thing.”

Fortunately a fresh new crew is stepping up to build it. They’re scrappy and determined to solve the problems of an indie audience that’s now streaming-native. It’s still early days, but we’re beginning to see the outlines emerge of what a post-algorithmic indie music world could look like.


Community-owned collectives

After streaming washed away the CD market, Bandcamp was manna. It gave indie artists a way to sell music directly to their fans again; i.e. actually earn income. But then the company got sold to a big music licensing firm who immediately laid off half the staff. Bandcamp is still around, for now, but bands who built their livelihood on that platform are justifiably nervous.

So how do you build a future-proof indie digital distribution platform that can’t be sold off to a corporate investor and gutted? If you’re Austin Robey, you invite the entire indie music community to form a collectively owned business cooperative. After years of work to establish a solid legal footing, build an app, and recruit artists, subvert.fm went live in May 2026 with more than 150,000 tracks already in the catalog. Many more will bands join, because it’s free for musicians and labels to become member-owners, which means they also get a vote in how the platform develops. Subvert’s goal for their first year of operations? Just to become the largest artist co-op in world history, with 100,000 members.

There’s still a lot of work ahead to expand Subvert’s features, but it looks like we now have a dependable long-term solution for selling digital downloads, and it’s permanently owned by the community that it serves, not by corporate investor overlords.


Anti-algorithmic music curation

One of the good news/bad news paradoxes of the streaming revolution is that whilst it removed barriers to music distribution for new bands, that also meant flooding the marketplace with new bands. (And that was before Suno. Let’s not talk about Suno.) Taste curators like college radio DJs and indie music journalists were a critical linchpin of the old indie discovery model, and they were among the hardest hit by the streaming takeover.

Trying to fill that role, Cantilever aims to help indie fans sort through the constant cacophony of the new music landscape by giving us a digital version of old-school-style music curation. Similar to the “rotation” concept at indie radio stations, only a limited selection of albums are available on Cantilever, and their tenure is limited to one month. And like the old Pitchfork, they each get a detailed review, thoughtfully written by a serious music journalist. Most importantly, Cantilever is squarely focused on indie music, and only features full albums. They just raised a pre-seed investment round (see global resource pooling below), so let’s see what they do with it.


It’s not all about software, folks (but mostly it is). UK startup Setmixer invented a machine for making automatic, high-fidelity recordings of concerts straight from a live club’s sound board, so bands could sell their shows to superfans as digital downloads. The great thing about this idea is that it represents a net add to the indie ecosystem. It provides musicians with a brand new income stream from an activity they were doing anyway: playing gigs. Setmixer basically just gave indie musicians a raise.

Founder Pascal de Mul and his team also knew that they needed to deliver recordings that actually sounded good, so they built some very smart software into their hardware to optimize audio from a live sound board and automagically mix it down, master it, and post it online—overnight. As with any live gig, you need a good sound engineer to place your microphones and set the levels properly, but the results are impressive. Go listen to some recordings for free on their streaming page, they sound great.


Promotion without payola

As evidenced by the recent blowup around Geese hiring a social marketing agency to engineer “organic” virality, the indie community has always had a complicated relationship with promotions and marketing. We’d love to believe that our precious ecosystem is a benevolent meritocracy free from the scourge of manufactured hype. But deep down we know that’s a bit unrealistic.

That being said, Repost Exchange is making a pretty good run at it. Unlike the raft of pay-for-playlisting services that sprang up in the wake of the streaming coup, the currency on Repost Exchange is purely participation. The more you share and comment on other musician’s tracks, the more credits you earn to use amplifying your own songs. No fake TikTok accounts, no bot-stream farms, just musicians sharing music. On the merits of this model—and no doubt the half a million bands already using the service—Soundcloud recently made Repost Exchange an official platform partner, which will allow them to integrate more deeply.


Payout models that don’t suck

Speaking of Soundcloud, they were the first streaming platform to give the finger to the pro-rata payouts model and shift to what they call “Fan-powered royalties.” That means if Susie the Soundcloud subscriber only ever listens to your band, you get every dollar of royalties coming from Susie’s subscription fee. Something weirdly logical about that, right Spotify?

That big change rolled out back in 2021, but Soundcloud is still actively evolving their product and business model, in a way that suggests maybe they actually get what indie artists need. Their latest moves include commission-free distribution to other streaming services, buttons for listeners to pay tips to artists, direct-to-fan merch stores, and even on-demand vinyl pressing. (Bandcamp tried selling vinyl too, and gave up, so we’ll see.)


Global resource pooling

The Organization for Recorded Culture and Arts (ORCA) isn’t a startup, but they recently helped fund one. ORCA is an international think tank for indie labels like Sub Pop, Beggars, Domino, Secretly, and more labels from Paris, Madrid, Nashville, L.A., Berlin... well, you get the idea.

In addition to collectively sponsoring detailed research on how to build a stronger indie music ecosystem, several of ORCA’s member companies recently pooled a quarter-million bucks to lead a pre-seed funding round for Cantilever. So I guess indie labels are angel investors now? Oh wait... they always were.


Are we there yet?

There’s no single unicorn startup or magic wand to build a new indie infrastructure overnight. As before, it’ll take a wide range of products and industries, some new and some renewed, to create a different kind of indie music ecosystem that will thrive in the context of major-label streaming dominance.

Organizations like ORCA, subvert.fm, and Repost Exchange signal a new era of global collaboration in the indie music sphere that never really existed in the old scheme. It used to be that ideas like cassette fanzines could only spread slowly and organically from city to city. Now we have fancy electronic mail and video telephones. (Still working on those jetpacks.)

Nonetheless, as before, a new indie system with a shot at real longevity will have to be architected parallel to—not inside—the mainstream music matrix, in order to realize cultural and economic sustainability. That will take some time.


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