good article here in the guardian: http://www.guardian.co.uk/music/2012/mar/22/indie-record-labels-changed-world
4ad still going strong. but i wonder do most people follow labels as much anymore ? personally, there's so much music out there & i have neither the time nor inclination to go trawling through every site/review/shop so having filters like labels/shops/blogs helps to narrow down what i'm looking for. however, the result is that i end up buying lots of variances of the same theme. i have got real narrow in music tastes - maybe it's an older comfort thing - or a money thing - or a time thing. dunno really.