You're right, I misread the statistic. Looks like the actual market share of the majors is ~87%. (http://www.audiomicro.com/royalty-free-music-blog/2008/07/mar

You're right, I misread the statistic. Looks like the actual market share of the majors is ~87%. (http://www.audiomicro.com/royalty-free-music-blog/2008/07/market-share-of-the-major-record-labels-and-a-takeover-analysis/ http://www.audiomicro.com/royalty-free-music-blog/2008/07/ma...) My point, however, still stands. The record labels control the direction of the recorded-music industry, and it is an industry.