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Q&A: What is the difference between a Major Label and an Indie Label ??
http://www.get-a-record-deal.com/articles/10/1/QampA-What-is-the-difference-between-a-Major-Label-and-an-Indie-Label-/Page1.html
Richard Jay
Richard Jay is a songwriter, producer, author of bestselling book How To Get Your Music in Film & TV, and president of The Music Broker Network
 
By Richard Jay
Published on 8th May, 2008
 
The difference is basically in the funding & ownership of the company.
The difference is basically in the funding & ownership of the company.

A Major label, by definition, is owned by one of the four major corporations: Sony-BMG, Warner, Universal & EMI. They all have many offices around the world that are under direct control of the parent HQ.

An Indie (independent) label is not necessarily completely independent - it may be part of a bigger group of companies - but it is not related to one of the 4 major corporations.