From Wikipedia:
The term "Indie" is often confused with a sound that a musician presents when it is in fact the way that sound is presented or made. "Indie" often refers to an artist or band that is not part of the mainstream culture and/or making music outside its influence. Though the sound of these bands may differ greatly, the "Indie" definition comes from the do-it-yourself attitude and ability to work outside large corporations...
...The problem with this definition is that there is often little correlation between the commerciality or creative freedom offered by major labels and those outside the "big four". Most of the larger independent labels are run along the same business principles as the major labels, with A&R departments, marketing budgets and commercial considerations guiding their operations. Meanwhile, major labels often retain independently-oriented artists who are given greater creative independence, and who receive considerable critical acclaim. Some notable major-label artists of this sort include Sonic Youth, Radiohead, Pulp and The Flaming Lips.
So you had the right idea Kaye :)
