Worldwide Independent Network chair/CEO Alison Wenham has declared the independent sector to be back in business after years of consolidation.

Wenham spoke to Music Week following the publication of WIN’s WINTEL Worldwide Independent Market Report, which claimed indie labels had a 38.4% global market share in 2016, up 0.9 percentage points on the previous year to top $6 billion (£4.56bn).

That rise came despite a number of larger indie labels being snapped up by majors in recent times, including the ...