If anyone thought the major label resurgence might put paid to the decade-long boom in artist services deals, well, they’ve got another think coming.

Because – according to the executives starring in Music Week’s annual spotlight on the sector – far from increased cashflow at the majors taking business away from the services companies, the last year has been perhaps their busiest ever.

“It’s been an amazing 12 months,” says Nicola Spokes, UK label head for Caroline International, which ...