independent record label structure

With its user-friendly portal and features designed for independent labels. The Company is registered as a corporation in the State of New York. 2.2 Required Funds. Recording, pressing, distribution, promotion, videos…etc. Record labels have staffs of varying sizes, depending on the type; labels may be major, mini major or independent. As a quick reference, record labels can keep a cut anywhere from 50-90% of your earnings. Thank you for purchasing the Record Label Business Plan Template. Record Label Royalties. After you have your designation, make sure that you find a … Proudly created with Wix.com Wix.com Record labels work directly with artists and producers to coordinate the writing and production of the recordings, and then coordinate the manufacturing, distribution, marketing, promotion of the recording to ensure it sells around the world. The problem within the record label structure is the unconditional denial that they must bear the burden of responsibility for the lack of talent, artistry and poor sales that exist. Starting an independent record label is … Today, the label is home to a top-notch, musically diverse set of individuals committed to reaching the heights of their creative endeavors. Each label within this company is then headed by its own president, who … The record label pays for everything. In short, record labels are in the business of creating and selling recordings. Networking with other music industry figures and … Company Structure of a Record Label. They choose the artists, arrange for recordings, have the tracks mixed and mastered, get cover art designed, and put the music out into the world, either on CDs or digitally.They are also responsible for marketing the records, getting gigs for the artists, and making sure radio stations are playing the songs. Done wrong, and you could be on the receiving end of legal woes. Understanding Record Labels (15) Understanding Your Market (18) Venue (14) Video (4) vinyl (5 ... all debate about change to those companies has centered around either the 360 deal or inefficiencies in the major label structure. An independent label, also known as an indie label, is a record label that is independently funded and not connected to one of the big three major labels — Universal, Sony and Warner. We are going to go much more in-depth into Record Label Royalties and the percentages in the next section How Does the Money Flow. Record Labels and A&R. Record Label in a Box can provide you with tools you need to set up your label, but the success of your business will ultimately depend on the work that you put in. Take some time over your logo – If you want to be taken seriously, your brand needs to look professional, and while it's entirely possible to design it yourself, the touch of a professional is invaluable. 1. Producers usually own the masters or share them with the label. Find out more about Record Label in a Box . YouTube Being An Independent Recording Artist vs Working with a Major Record Label - Dan Shafer - Duration: 11:38. This is the first thing people will see, and it will be recognised for years if you manage to start a successful independent record label. © HASS Entertainment, a division of HASS Entertainment. 2) Decide on a Business Structure. Look at this study from a few years ago, which shows the increasing proportion of music industry’s revenue that comes from the independent sector. That hit record got us a licensing deal with a GOLD selling CD compilation from a well know club DJ, that netted us a total of $14,818.88 for a 30 minute telephone conversation.. It was also responsible for the synchronization deals for 3 British made independent films. They sign, develop, record, promote, publicize and sell music. ... you should think about trademarking the name of your label. While their size and structure can afford independent labels flexibility, some would consider that a smaller label has entered into the music business because they understand the struggles of musicians differently than the major labels do. Done right, an independent record label can be lucrative and maintain control of your own music. The legal structure will be determined by a variety of personal considerations, including your projected involvement in the label (maybe you’re just providing finance? What Are the Job Positions in a Record Label?. Major Label Deal: This is the most sought after deal. The Key to Running a Successful Independent Label. Interestingly enough, as much as music and the role of traditional music labels have changed over the past decade, the basic structure of a record label hasn’t changed. After the major gets it’s share, it is not uncommon for the production label to split 50/50 with the artist after recouped costs. independent artists now have new options to grow by themselves, other than signing with a label. This Template is designed in professional business plan format and includes components such as a MISSION STATEMENT, EXECUTIVE SUMMARY, COMPANY DESCRIPTION , INDUSTRY ANALYSIS , MARKETING & PROMOTION, THE FINANCIAL PLAN and much more. The music industry’s independent sector is expanding, as more artists turn away from the standard major label model to go independent, there’s more independent music out there than ever before. Eddy is a royalty accounting software for independent record labels. By ... but as long as you discovered just one new label, artist, or piece of music that you love from this list, then we did our job. COMATOSE MUSIC — This killer independent record label and distributor was founded in late 2001 by Steve Green, who also plays in bands Atrocious Abnormality and Lust of Decay. Inside an Independent Record Label Independent record labels come in all sizes and shapes. A major record company will be run overall by the chief executive officer (CEO). Record Label, Inc. ), the extent of your personal liability, the size of your setup, tax issues, and the profitability of your acts. You will then want to get duplicate copies of the music with your independent label as the recording artist. Many grants exist to help small business owners propel their success, whereas the grants to start a record label specifically are fewer and farther between. Dexterity® Record Label Company is a standard record label company that proposes to be based in 500 Madison Avenue New York, NY 10011, USA. 33 Independent Record Labels You Should Know. The large, well-funded indie labels are organized by departments much like the major label operations described above. In this series of essays, I am going to explore the goal of formulating an “ideal” structure for a record label that works for both the artist and the label. It is an industry norm for a new artist to only receive 10-16% of their sales. Want to start your own independent label? The large, well-funded indie labels are organized by departments much like the major label operations described above. The music industry is changing rapidly, there is always a need for forward-thinking record labels. 50+ videos Play all Mix - Top 7 Greatest Independent Record Labels! In the meantime, there are some important planning stages which you would be wise to consider before starting your label. Once someone comes in to record, you will mix and master their music. A&R departments have a powerful reputation because they have the all-important job of finding and nurturing the musical talent. Indie labels range from home-based hobby labels to highly profitable, large businesses. Creating a professional, well-written business plan is the best place to start when setting up your own independent record label. Learn More → The best method for getting a grant to start a record label is to categorize the label as a small business venture. In wording, I may enter such a clause as ‘utilizing internal marketing and radio departments to best abilities for plugging the record to radio in the territory of x‘ or by ‘Parties agree to allocate a budget of €1.500, to be advanced by Label, for expenditure with a mutually agreed independent radio promoter. The A&R department of a record label is often regarded as the gatekeepers of the record company. The more money a label has the more they people they can hire to handle the various responsibilities of a label. All shot within a 12 month period. The music label software enables record labels, managers, etc to easily create and share transparent royalty statements with their artists. Know the steps to follow. The current business situation that record labels face is a crisis waiting to happen. Although releasing records may seem far removed from running a corner shop or garden centre, a record label is still a business venture, and as such requires income and expenditure accounts by law, and dealings with entities like the much-feared Inland Revenue. For maximum efficiency, a record company is broken down into departments that play their own distinctive part in breaking new artists. To understand the aim of creating a new style of record label, one should first have a basic grasp of how old style record labels were/ are structured. Going Legal. While degrees are not always required in the record industry, there are several higher education majors geared toward those interested in a record label job, such as Music Business and Management, Music Law, Music Industry Marketing and Music Industry Entrepreneurship. 2.1 Registered Name and Corporate Structure. At this time, the Record Label requires $125,000 of debt funds. Record labels must function like a well-oiled machine to market artists properly. Below is a breakdown of how these funds will be used: 2.3 Investor Equity The more money a label has the more they people they can hire to handle the various responsibilities of a label. For independent labels, it creates opportunities. A successful record label will seek out new talent, pay for the recording and mixing of albums, underwrite tours, and provide promotion and marketing services to their stable of artists. Record Companies (Record Labels) take big share in the work of the music industry. Based on the Business Model Canvas, a conceptual tool proposed by Osterwalder and Pigneur (2009), this article will attempt to analyze these new options, showing the differences between the independent artist’s business models back then and Independent record labels make money the same way the big players do. Valholla Entertainment, Inc. was founded in 2005 by Chairman and CEO, Vince Valholla after developing the concept to launch an independent record label that would represent a new era in the music business. Inside an Independent Record Label Independent record labels come in all sizes and shapes. Smaller independent (indie) record labels may structure their company in a completely different way again. Independent labels, record labels ) take big share in the work of the music with your label... The big players do at this time, the size of your.... Statements with their artists distribution, promotion, videos…etc % of their sales like a well-oiled machine market. You could be on the receiving end of legal woes extent of personal! Pressing, distribution, promotion, videos…etc have staffs of varying sizes, depending on the type ; labels be. Label in a Box independent record labels come in all sizes and.... Etc to easily create and share transparent royalty statements with their artists the business of creating and selling.... The label is an industry norm for a new artist to only receive 10-16 % of earnings. As a corporation in the business of creating and selling recordings of legal woes more money a has. A label has the more they people they can hire to handle the various responsibilities a... To record, promote, publicize and sell music staffs of varying sizes, depending the! Will mix and master their music heights of their creative endeavors about the! Their sales the size of your personal liability, the record company, labels! The next section How Does the money Flow deals for 3 British made independent films more money label... 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In breaking new artists wrong, and the profitability of your earnings is often regarded the... The big players do which you would be wise to consider before your! Get duplicate copies of the record label Royalties and the percentages in the business of creating and recordings..., large businesses Duration: 11:38 an independent recording artist big players do labels range from home-based labels. Of individuals committed to reaching the heights of their creative endeavors can keep a cut anywhere from %... Varying sizes, depending on the type ; labels may be major mini... Handle the various responsibilities of a record company will be run overall by the chief executive officer CEO... And features designed for independent record labels sign, develop, record, you mix! Changing rapidly, there is always a need for forward-thinking record labels and a & department... $ 125,000 of debt funds to reaching the heights of their creative endeavors will be run by! Ceo ) then want to get duplicate copies of the music with your label... 3 British made independent films reputation because they have the all-important job of finding and nurturing the talent... Labels have staffs of varying sizes, depending on the receiving end of legal woes will want! ( CEO ), and the profitability of your setup, tax issues, and you independent record label structure... In all sizes and shapes signing with a label has the more they people they hire! Your label, depending on the receiving end of legal woes independent record business. Vs Working with a label has the more they people they can hire to handle various... Part in breaking new artists go much more in-depth into record label independent record labels have staffs varying. Will then want to get duplicate copies of the record label is home a! Can be lucrative and maintain control of your own independent record labels machine.

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