independent record label structure

Record Companies (Record Labels) take big share in the work of the music industry. The A&R department of a record label is often regarded as the gatekeepers of the record company. You will then want to get duplicate copies of the music with your independent label as the recording artist. Record labels must function like a well-oiled machine to market artists properly. 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. 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. The large, well-funded indie labels are organized by departments much like the major label operations described above. 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. Recording, pressing, distribution, promotion, videos…etc. In short, record labels are in the business of creating and selling recordings. 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.. Each label within this company is then headed by its own president, who … For maximum efficiency, a record company is broken down into departments that play their own distinctive part in breaking new artists. The large, well-funded indie labels are organized by departments much like the major label operations described above. 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. 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. Know the steps to follow. Find out more about Record Label in a Box . Creating a professional, well-written business plan is the best place to start when setting up your own independent record label. 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 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. For independent labels, it creates opportunities. Eddy is a royalty accounting software for independent record labels. They sign, develop, record, promote, publicize and sell music. Once someone comes in to record, you will mix and master their music. 50+ videos Play all Mix - Top 7 Greatest 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. 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. With its user-friendly portal and features designed for independent labels. 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. The music label software enables record labels, managers, etc to easily create and share transparent royalty statements with their artists. ), the extent of your personal liability, the size of your setup, tax issues, and the profitability of your acts. Producers usually own the masters or share them with the label. 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. Independent record labels make money the same way the big players do. 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. 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. Record Label, Inc. Company Structure of a Record Label. As a quick reference, record labels can keep a cut anywhere from 50-90% of your earnings. The more money a label has the more they people they can hire to handle the various responsibilities of a label. It is an industry norm for a new artist to only receive 10-16% of their sales. 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. Done right, an independent record label can be lucrative and maintain control of your own music. ... you should think about trademarking the name of your label. 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. 2) Decide on a Business Structure. After you have your designation, make sure that you find a … Thank you for purchasing the Record Label Business Plan Template. 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. What Are the Job Positions in a Record Label?. Major Label Deal: This is the most sought after deal. Below is a breakdown of how these funds will be used: 2.3 Investor Equity It was also responsible for the synchronization deals for 3 British made independent films. The more money a label has the more they people they can hire to handle the various responsibilities of a label. Starting an independent record label is … Smaller independent (indie) record labels may structure their company in a completely different way again. © HASS Entertainment, a division of HASS Entertainment. The Key to Running a Successful Independent Label. Want to start your own independent label? 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. 2.2 Required Funds. Inside an Independent Record Label Independent record labels come in all sizes and shapes. The music industry is changing rapidly, there is always a need for forward-thinking record labels. 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. 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. 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. 33 Independent Record Labels You Should Know. Proudly created with Wix.com Wix.com Record Label Royalties. All shot within a 12 month period. Record labels have staffs of varying sizes, depending on the type; labels may be major, mini major or independent. 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? In the meantime, there are some important planning stages which you would be wise to consider before starting your label. YouTube Being An Independent Recording Artist vs Working with a Major Record Label - Dan Shafer - Duration: 11:38. Going Legal. 1. 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. A&R departments have a powerful reputation because they have the all-important job of finding and nurturing the musical talent. 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. Inside an Independent Record Label Independent record labels come in all sizes and shapes. At this time, the Record Label requires $125,000 of debt funds. Done wrong, and you could be on the receiving end of legal woes. A major record company will be run overall by the chief executive officer (CEO). The Company is registered as a corporation in the State of New York. Record Labels and A&R. 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. Indie labels range from home-based hobby labels to highly profitable, large businesses. independent artists now have new options to grow by themselves, other than signing with a label. The record label pays for everything. The current business situation that record labels face is a crisis waiting to happen. 2.1 Registered Name and Corporate Structure. 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. 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. 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. Today, the label is home to a top-notch, musically diverse set of individuals committed to reaching the heights of their creative endeavors. Learn More → The best method for getting a grant to start a record label is to categorize the label as a small business venture. 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