From an artist’s perspective, you could think of a record label as a service. The fact is, not all musicians want to become graphic designers, recording engineers, digital marketing gurus, concert promotors, and agents. Before we go any farther there is one thing to understand about a record label: A label is not a publisher. Think of Chance The Rapper and you’ll see how far it’s really possible to go independently. Record labels sign artists to produce and sell their sound recordings via CD's, vinyl, digital products, etc. If you’re an artist signed to a record label, you’re considered an independent contractor contracted with the label to make recordings. Under the deal, a label generally pays for making, distributing and marketing the recordings. The standard definition which you will see a thousand times if you Google “What is a record label?” is: A record label is a company that manufactures, distributes, and promotes music recordings. A record label may refer to a brand of a specific recording studio. These are the so-called “360 Deals” that you’ve likely heard of. Instead, you share the revenue generated from the monetization of your music. Label Liaison - This is usually one person, or small group of people, who serves as the liaison between the record company's distribution company (either an entirely separate division under the huge corporate umbrella or an outside company responsible for getting the CDs into the stores) and the record company. Think of Chance The Rapper and you’ll see how far it’s really possible to go independently. Firstly, What Is A Record Label? We help curious musicians meet their goals with creative online courses. A publisher finds ways to make money from the songs themselves. A record label monetizes recorded music. The standard definition which you will see a thousand times if you Google “What is a record label?” is: A record label is a company that manufactures, distributes, and promotes music recordings. Record Label Control Record labels typically set the terms and conditions of artist contracts in their favor. The label … Twenty, even ten years ago, the answer to this very basic question (“what is a record label?”) would have been a pretty straightforward one to answer. Whatever you want to learn, whenever you need to learn it. Now, it’s a philosophical quagmire, and you’re likely to get a hundred different answers if you ask a hundred different people. Instead, we’re going to stick to the basics here so you can get a fundamental understanding of what a label is, and what they might do for an artist like yourself. First things first. If you sign with a label rather than building that structure yourself, you will have to pay them. Record labels’ sole business mission is to find ways to make money from recordings of music. While you’re here, if you are going the independent route, take a look at one of the next most important pieces of your music business structure: Distribution. We’ll keep it simple. And that would be a good place for you to start. var F14249_sb_wait=setInterval(F14249_sb_wait_fn,100); Start your FREE subscription to Hypebot today. At its core, what a label does is simple. Well, it is essentially what it says on the tin – a ‘label’ that represents the music of artists. Now of course, it’s only partially true. Twenty, even ten years ago, the answer to this very basic question (“what is a record label?”) would have been a pretty straightforward one to answer. The idea is that your ability to build the structure and promote your music on your own is so minuscule compared to a big company doing it, that even though you’re sharing the revenue, it’ll help you grow faster. In many ways, they are a reflection of the modern realities facing record labels and artists. Label deal. Record Labels will often own the ‘master recording’ of a work and all associated sound recording rights, but will agree to pay the artist(s) a percentage of net sales (royalties).The master recording and composition (the song itself) have separate royalty streams. Luckily, you don’t pay up front. And most importantly, they will often put money towards the promotion of an artist’s music. There’s lots more to learn of course — we’ve barely scratched the surface here — but we hope that understanding what a record label is and does at a basic, fundamental level will help you understand whether or not you’d like to approach one to publish your music.
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