While executives at those labels wail about the industry's imminent collapse, indie labels and artists are singing a much happier tune. Profits are up - in some cases by 50 to 100 percent. That's in contrast to overall album sales, which dropped about 11 percent in 2002.

A good article in the Christian Science Monitor on the flourishing of indie labels while the mainstream recording industry blames their troubles on their customers. Maybe the problem isn't the customers, eh?