Marvelous Show Records
- San Francisco indie. Home of Rudy Colombini and Divine Comedy. News, catalog, MP3s, and guestbook.
- http://www.rudycolombini.com

Magnatune
- An Internet record label which allows sampling and reuse of all its artists. Licensing is accomplished with a simple online form.
- http://www.magnatune.com/

Milk Records
- Record label for independent artists based in Nebraska, USA.
- http://www.milkrecords.com/

Modular People
- Artists include Evan Dando, Ben Lee, Hope Sandoval, Beta Band, The Avalanches, and Sparklehorse. Tour dates, news, chatroom, photos, merchandise, and audio clips.
- http://www.modularpeople.com/03/04.htm

Marshmellow Records
- Toronto, Ontario label. Artists, discography, reviews and ordering information.
- http://www.marshmellowrecords.com/

Midnight Music
- UK label. Artists include Tony Reid, Strife and The Klubs.
- http://www.midnightmusic.co.uk/

Matador Europe
- Artists include Yo La Tengo, Sleater-Kinney, Mark Eitzel, The Soft Boys, and Superchunk. News, MP3s, bulletin board, links, and tour dates.
- http://www.matadorrecords.com/

Mi5 Recordings
- UK division of New York label. Artists include Jesus Jones, Blue Mocking Birds, and Mercyside. News, catalog, links, and online store.
- http://www.mi5recordings.co.uk/

Melodic Recording Label
- UK label. Home of Baikonour and Topo Gigio. Discography, links, and audio clips.
- http://www.melodic.co.uk/

Mantra
- Artists include the Delgados, Saint Etienne, and Six By Seven. News, discography, tour dates, message board, links, and ordering information.
- http://www.mantrarecordings.com

Melonball Music
- Children's music and adult contemporary label. Artists include Melonball, Annie Moscow and Steve Gold. News, mailing list, and catalog.
- http://www.melonball.com/

Mountain Apple Company
- Honolulu, Hawaii label. Artists include Don Ho, Na Leo, and Island Warriors. Catalog, message board, discography, news, and links.
- http://mountainapplecompany.com/

Madhands Records
- Teaneck, New Jersey eclectic and improvisational music label. Artists include Blue Cues, Lewis Lymon, and Butter Ball. Audio clips, catalog, and ordering information.
- http://www.madhands.com/

Magical Island Music
- Elizabeth, New Jersey indie. Artists include Aris Tomas, ATF, and Modern Fears. Discography, gallery, links, audio clips, news, chat, and online store.
- http://www.magicalislandmusic.com/

My Pal God Records
- Indie label in Chicago. Artists include Hurl, Dianogah, A Minor Forest, and We Ragazzi. MP3s, catalog, history, photos, mailing list, and links.
- http://www.mypalgodrecords.com/

Manifesto Records
- Los Angeles indie. Artists include Concrete Blonde, Dead Kennedys, Tom Waits, Tim Buckley, and Lilys. News, tour dates, label history, links, and ordering information.
- http://www.manifesto.com/

Motor City Music
- Previously unreleased music from ex-MC5 vocalist Rob Tyner, The Torpedos, and other Detroit area artists of the 70s and 80s.
- http://www.motorcityjams.com/

ManRec
- Copenhagen, Denmark label. Artists include Mark Linn, Housefrau, Brilliant Corner, and Loose. News, catalog, and online ordering.
- http://manrec.com/index.htm