Independent artist makes it big on iTunes

I found this article in the UK Evening Standard which I found interesting. The article outlines how independent artist Kate Walsh had a top selling iTunes song despite the fact that she recorded it on a very low budget in a friends house using velvet curtains as sounds insulation.

I think we will begin to see more and more of this as technology improves to the point where amateurs can record high quality digital tracks using cheap off the shelf equipment. When this happens, the major labels will no doubt go out of business unless they change their model.