adj (slang, derived from the word "independent") not belonging to the oligopoly that dominates the American recording industry; outside of the Big 5

Indie did indeed start out as independent, and the slang is not only Australian. The notion of being cool and trendy is essential to indie kids, and it is important to stay current with any events and trends in the indie scene (For example; take the 'so cool it's not' ethos of Stereolab hearkening back to bands like The Groop, and the popularity now (mid 2002) of bands imitating 80's Electroclash). Remember:

Take the in out of indie and you die

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