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Discover Why Starting Your Own Record Company Could be 10 Times Better Then Signing With a Major Record Label!!!
Copyright (c) 2006-2019 Ty Cohen
One of the greatest changes to take place in the music business over the past 20 years has been the ease with which an individual artist can start their own independent (indie) record label. You do not need to sign with any official organization to start a record label.
As long as you own all the lyrics, publishing, performance and recording rights to your music, the only requirement is to make your own records or CDs and sell them.
All a record label does is to select the songs to publish on the CD and arrange to collect royalties when they are used by other people. Most labels also do the majority of the marketing and distribution for the CDs as well.
It isn't even necessary to do everything yourself. You can hire the services of professional for burning, marketing, distribution.
However, for your own protection, you should create and register your record label name so you are recognized as a legitimate business and can sign contracts as a business entity.
The Big Boys
Ever since the first vinyl record was pressed, a small number of big record labels have dominated the industry. The first small record labels were started after World War Two and have become an important part of the music industry since the 1960s. Even so, the big boys buy up the indies whenever they get a chance.
In our society, global media has always been about mass marketing and mass production which means they must appeal to the masses which unfortunately frequently means appealing to the lowest common denominator. But big record labels did allow a lot of small local performers to get world wide exposure. The downside was that they frequently had to almost sell their soul to the Record Label and in many cases giving up most of their creative control.
The big record labels still dominate the mass media. To get things into proper perspective you need to realize that there is a lot more going on in the music industry than what you see on MTV, radio one or on the music charts because all of them are dominated by the big boys.
The Indie Advantage
Independence means starting your own record label and usually, at least in the beginning, publishing your own original material. So what does independence mean? Spurning the music industry? No way!
Independence means being your own boss, making all of the creative and business decisions which also mean that you will be taking all of the financial risks as well. There also several levels of independence. The association of Independent Musicians admits record labels as long as they have less than 50% major record label control.
There is also a group of indies called DIY which means do-it-yourself. An independent record label for one artist or a band is often called DIY but it doesn't mean they actually do everything for themselves.
However, the Internet, home recording and cheap CD duplication make DIY easy and attractive for the following reasons:
You work for yourself.
You have total creative control
You decide the recording and release schedules.
You decide when, where and if you will license your work.
You own the label, the work and the image you've created
You can charge less than the big boys and still make more money for yourself
You get to keep all of the profit if you are successful
You can't make choices unless you know what the options really are. If you check out both the pros and the cons of independence, you usually find that the decision will make itself.
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Distributed: 2006-06-14 |
Word Count: 746 |
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Today, record labels that have consistently been successful face
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Word Count: 672 |
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Word Count: 0 |
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Word Count: 0 |
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Word Count: 0 |
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Internal ID: #2855
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