Does Apple really need the indies in Europe?

More than the indies need Apple according to Charles Arthur on Technology. The situation in Europe is quite different from that of the U.S. with independent record labels commanding roughly 25% of the market there. Because of this, the European indie labels have more clout and after bringing MTV to heel I suppose Apple will be next. Also, the European indies appear to do quite well in the traditional European record stores and so their need to be on download services, while important in the long-run, is less important for them and much more of a necessity for Apple. Expect a settlement of the whole affair soon.