We're in the first lap of a long race, and the companies left standing after the fallout will have the requisite stamina to push through and keep running. The beauty of the Internet is that it created a new way of commuting for the Independent community, a community that could not get the attention of major companies, major promoters, etc. I don't believe the public at large will be aligned for or against independent or major entities. They will go where they perceive the value of entertainment to be high. That could be in both places or either.
Digital distribution is only a small piece of the puzzle.
We are not about throwing content up on a page and simply attracting people to a site. We are selective in our content. We promote our artists and labels in our consumer advertising. We distribute their materials through our distribution network. We are catering to a lifestyle and culture, not just to a demographic.