Etymology
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indie (n.)

"independent record company," 1945, shortening of independent. Among the earliest mentioned were Continental, Majestic, and Signature. Used of film production companies since 1920s, of theaters from 1942; extended by 1984 to a type of pop music issued by such labels.

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Definitions of indie
1
indie (n.)
a pop group not affiliated with a major record company;
indie (n.)
an independent film company not associated with an established studio;
2
indie (adj.)
(of pop groups) not affiliated with a major recording company;
From wordnet.princeton.edu