What is indie?

"For nearly twenty years, the word "indie" has been used by record company executives and pseudo-intellectual Lester Bangs wannabes, to the point that it's lost all meaning. Since the term was originally used to describe punk rock, "indie" should apply to all of its diminutive forms, but it doesn't.

Generally speaking, everything on the bottom half of this handy chart qualifies as indie rock."

Sam Huddy