Table
of Contents
Introduction
To obtain more information on how to start a record label, send an email to musicbizideas@gmail.com. 3
How to start a record label 4
Duties to consider when starting a record label 4
Steps to follow when starting a record label 5
Important questions to consider when starting an indie record label 6
How to easily and quickly start a record label with the help of this all inclusive resource 7
Learn how to quickly distribute your artists' music as an indie record label 7
Introduction
A
record label or record company produces music recordings and music
videos. They also coordinate manufacturing of the finished
product, music distribution, marketing, promotion, and enforcement of
copyright (https://en.wikipedia.org/wiki/Record_...).
There
are several advantages to starting a record label. First, When you
start a record label, you will become your own boss. Secondly, you
will be able to record the music that you love and feel in your
heart.
Best
of all, you do not have to spend endless hours submitting your music
to hundreds of record labels. That is because you are now own your
own independent record label.
Finally, you will now become able to charter your own destiny and help others to realize their dreams in the music industry..
To obtain more information on how to start a record label, send an email to musicbizideas@gmail.com.
How to start a record label
Starting
a record label is one of the most rewarding things that an artist can
do for several reasons.
First, starting a record label allows music creators to become their own boss. Secondly, you will be able to record the music that you love and feel in your heart without depending the approval of others for publication.
Best of all, you do not have to spend endless hours submitting your music to hundreds of record labels. That is because you are now own your own independent record label.
Finally,
you will now become able to charter your own destiny and help others
to realize their dreams in the music industry.
Duties to consider when starting a record label
Record labels are usually involved in activities like:
- scouting for artists
- artist development
- managing your brand
- coordinating music production
- coordinating manufacture of hard and digital copies of the music
- music distribution
- music marketing and promotion
- enforcement of copyright for your artistes' sound recordings and music video.
Steps to follow when starting a record label
1. Choose a name for the record label.
The name of your record label should reflect the image you want to portray.
2. Register your company in the United States as a Limited Liability Corporation or an LLC.
In other countries, you would go to the Office of Intellectual Properties or Copyright Office to do so.
It is a good idea in the USA to register as a LLC in order to be an actual, legal business. As a business you can register for a bank account or credit card. This simplifies the matter of business loan application, for example, at the Government's Small Business Association.
In
other countries you may need to register your business at the
relevant government office. Ask questions in order to confirm exactly
what you need to do. It may be possible to go ahead and register
later if the funds are not available.
3. Document a simple business plan
A
simple business
plan
will
help you to define many important elements of your company. You
will need to pay attention here if your company is formed with other
partners. You would require a partnership agreement that states:
- the percentage of ownership each partner has.
how each partner can leave the business
how decisions will be made in the partnership
who will be responsible for various tasks
salaries
Please consult legal experts in your territory for guidance as this contract may need to be signed and may need to adhere to existing legislation.
4. Get a logo.
A great logo is a wonderful way to brand your business. You can make on yourself at canva.com.
5.
Obtain the required contract templates for artists etc. In some
countries you may require a lawyer.
6.
Obtain the required split sheets and music contract templates for
artists etc. It might be a good idea to consult a lawyer.
Important questions to consider when starting an indie record label
Do
you want musicians to deliver a master, or will you go in on
recording costs?
Will
you be paying advances, and if so, how much? (If you have a very
small budget, your best bet is to try and convince your potential
signings to keep any advance small so there is money left to promote
their release)
How
will any royalties from releases be divided up? Will your artists
(copyright holders) get a percentage, or will you split them 50/50?
Will the label recoup manufacturing costs and promotional costs
before paying?
Will
the artists be permitted to approve promotional expenditures over a
certain amount? If so, how much?
How
many promos/free copies will the artist get? Over that limit, how
much will they pay for additional copies?
What
is the length of the deal?
Is
the deal for just one album or several?
Will
the musicians be entitled to audit your books? How often, and what
kind of notice do they need to give?
I
recommend that you consult an entertainment lawyer in your State
before proceeding with contracts.
How
to easily and quickly start a record label with the help of this all
inclusive resource
New
industry breakthroughs now allow artists and other individuals to
start an independent record label without all of the hassles. To get
information this resources, please send an email to
musicbizideas@gmail.com.
Learn how to quickly distribute your artists' music as an indie record label
Record
labels may wish to distribute their artists' music or hire a music
publisher to do the job. Distribution places the artists' music in
front of a wide audience.
Check out my book that gives more information on how to get your artists' music into 150+ stores and streaming services like Amazon Music, Google Play and Spotify.
This
book is fully loaded with all of the music distribution resources
that will help you. They are either free or low cost. I believe
that you will find it to be a very useful resource, particularly if
you are on a restricted budget.
Please review it at https://books2read.com/publishmusic.
A token of appreciation for you
Please send your email to musicbizideas@gmail.com and I will send you 121 royalty-free music clips.
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