Re: Provoke Change
It must be said though, that not all Independent labels are there to make big money. Some get lucky, but most just survive and tend to sign bands that already have made albums themselves and in those cases, the labels really act as a means for promotion and distribution rather than record development. Making a record can be very expensive and if this can be done without the label's involvement (as is often the case) then a lot of money can be put into the other sides of the business. Thereby allowing their (small) profits to go towards signing other bands in a constant stream of self-perpetuation.
In a similar vein, there's a local promoter around my part of the World who tends to make very little money but began his business as a means to promote local talent; rather than to make money. Sometimes the money really is just a by-product of (sometimes) lucky successes rather than calculated business moves.