When you're ready to go, use this resource to start writing a business plan. This way they are all backed up automatically. Why should we even be concerned with examining scholarly approaches to analysing major and independent record labels, given the well-documented overall decline of the record industries in the early 21st century (see, e.g. Also known as an indie label, this type of business operates on its own without being affiliated with or funded by major record labels. These individuals are the point of contact between the label and the artist. Email: rexbroome@gmail.com. This would be the first time that any band bypasses record labels in the creative process, and the beginning of the end for record labels. Lion Bold Records. Try now for free! Most Interesting Service: Integrated and restrictable database for client and colleague. Research your competitors and how they are branded. Competition from other high-profile independent and major labels 4. Industry Talk. Horus Music. Artists had for a long time complained about the pricing and payout schemes that record labels offered to them. Increase Spotify streams and iTunes. Mr. Dreamhop Music is a Record Label promoting lofi and chill hiphop beats. 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 . Of course, all those things happen before. Below for a sample record label business plan. Lower Budgets Because independent record labels are independently funded, they tend to have smaller budgets compared to the majors. Published September 2007. Company at such times and places as Company directs to record the minimum number of selections provided in Exhibit A or more if requested by Company. With the exception of the Leaving Member sections of this Agreement, Artist will perform and record under the professional name _____. For these services a flat-fee is paid, around $750 - 1500 per online or offline campaign with a decent agency. The record label is a business where music artists share their rights to the music with a company to earn profit and advance their careers. Key Objectives Main Objectives 1. Once you start earning money, you are well on your way to being the owner of a successful independent record label. Like any small business, you'll want to look ahead toward further growth and maximize your earnings where possible. Brainfeeder is an independent record label based in Los Angeles, California that found it's early inspiration from LA's underground beat scene. Photo by Sudhith Xavier on Unsplash. Lion Bold Records is a unique alternative to traditional record labels. Pre-arranged business banking. Overall Rating: 4 / 5. ISRC codes for registering releases. IAMSOUND was founded in 2006 with a focus on pop, alternative and electronic music. They work with a curated list of artists, offering artist-friendly license deals that help take music to the next . Step 2: Choose Your Record Label's Business Structure The first decision you'll make as a business owner is how to structure the company. Such royalties to be paid on selections recorded hereunder and sold by Company or labels leasing or buying Company's masters, whichever is applicable . Music is big business. Below is a brief description of each section. independent record labels in the digital era. Naxos deals with global distribution. The breakout of the funding is below: Securing record label office space, build-out, and design: $100,000. An honors graduate with a degree in marketing, his real passion lies in music. We hired a music attorney who specializes in drafting music recording contracts and asked them if they would create a basic record label contract that we could share with all of you! Search for jobs related to Independent record label tour support or hire on the world's largest freelancing marketplace with 20m+ jobs. My research constitutes a combination of scholarly studies . The independent music market isapproximately $6 billion across the globe, or 38.4% of the global music market. An independent record label contract (indie contracts) is the agreement that record labels use in order to create their ownership rights over the music recordings of the lead recorder (singer/artist/band). Owning a record label is basically about helping recording artists release their music album or singles to the general public and the process starts with agreeing on a deal or contract and then writing out the music lyrics before entering the studio to start work. And its not just for labels, this structure can be used for any artist that is self-releasing music. Our experiences with PR agencies have been two-sided. Record Label Business Plan Template Important: This document is uneditable, so you'll need to create a copy in order to use this template as a guide and edit it for your own business plan. This Paper. Download the template and open in your document editor and then we'll go through each of the sections. Here are some practical tips on how to start your own label. The record label currently employs 5 people, but its distribution deal with The Orchard allows the company to move an average of 3,000-4,000 physical CD's for each album release. 4.3 MARKET TRENDS Formed in 2008 by American producer Steven Ellison AKA Flying Lotus, the label has created a space for artists at the intersection of Hip-Hop and Electronica. Heresy Records, an independent classical record label. This means little or no advances, not to mention a limited reach in marketing and event promotion. A free toolkit for indie record labels to help you start a record label or assist with your current label. ii) Partnership - Similar to a sole proprietorship, except that there are two or more partners. Start Your Own Record Label. Search for jobs related to Independent record label contract pdf or hire on the world's largest freelancing marketplace with 20m+ jobs. Dreamhop Music. Dreamhop is built on support and gives artists the necessary care and help to encourage growth and build a collective community around the music. This legal contract covers the basics that make up a traditional record label . Artist agrees to record and re-record each . Starting a independent record label could mean you simply think of a name, create a logo, and put both of them on all your releases. Independent labels have been described by knowledgeable music industry professionals as the lifeblood of the business. A short summary of this paper. Best Suited: Established / larger artists. 2. Get everything you need to configure and automate your company's workflows. Once you're signed, the A&R team will be the ones that manage the . They are the scouts, always out at events and showcases looking for new talent, so they'll be the ones lurking at the back of your gig. FREE DOWNLOAD Record Label Business Plan This could include a front cover, contents page, detailed charts and forecasts, as well as a clear and inspirational executive summary or mission statement at the very beginning. The label is known for its unique approach to filling in art design. Understand your market. Ideation Starting a independent record label begins with brainstorming how the record label will stand apart from the sea of labels out there. Follow along and edit each section as we go along. Creating your own labels is easy. Three months of overhead expenses (payroll, rent, utilities): $75,000. By distributing your music through amuse, you make it possible for our label team to follow your momentum. Splitting up expenses, song splits, voting rights. Alright, so, The backbone of your record label business structure can be organised as a set of folders on your computer. Heresy Records had based in Dublin. Record label lawyers frequently represent independent record labels and independent producers in the music-creation and distribution process. Learn More In fact, Billboard, the best known music industry publication, lists more than 2,000 record companies currently in operation. Our in-depth guide to starting, running and developing your own business will help you . This article examines the relationship between the practices of do-it-yourself (DIY) micro-independent record labels in the UK and wider mediated discourses surrounding the music industry. Indie labels range from home-based hobby labels to highly profitable, large businesses. Knopper Reference Knopper 2009; Marshall Reference Marshall and Marshall 2013b; Wikstrm Reference Wikstrm 2013)? Trademark Search. This article introduces the main results of a survey performed on independent record and distribution companies of popular music in Spain. Make your plan look and feel professional. Smaller labels don't have fully-staffed departments in each of the divisions. The very first step is to think about what genre (s) of music your label will specialise in. For this business structure, you will have to register a business name if you intend to run your label under a name other than your own. They are cultivate a community of passionate artists working hand in hand to create the best chill vibes. Artist will not use a different name in connection with the Master Recordings unless Artist and Company mutually agree in writing. Radiohead was about to test their theory that . Download Download PDF. Week 2 of the Recording & Record Labels module considers questions about education and the music business (and includes an interview with a music school dean), reviews the history of audio formats with an on-location visit to a popular music archive, and outlines the differences between major and independent record labels. Marketing your music in a digital world. Company Description History Fearless was founded in 2018 by Jack Raybuck in his college apartment at the University of Arkansas. Twitter: @BearsuitRecord. Some of them only have up to 2 staff people that are responsible for more than one of the divisions. Independent record labels are often considered more artist-friendly. Products. A record deal is actually an artist giving up his or her rights to their music and some profit in exchange for professional services that will advance the artist's career. Many famous record labels include American Record Corporation, Warner Music Group, Universal Music Group, Sony Music, and many more. The world of music retail is changing fast, with digital distribution bringing new opportunities for independent record labels. 21. . With independent labels now accounting for over 40% of music industry revenue, it's never been a better time to get involved with independent music and establish an indie label. It's free to sign up and bid on jobs. Also, via this agreement they can get various licensing, selling, and promotional rights in relation to these recordings. Box 1923 Oxford, MS 38655 Phone: 662-234-2828. The toolkit includes a sample recording contract, checklist, workbook, coupons, and social media templates! Put together a list of names and test them out with friends . Fat Possum Records P.O. Online Contract Wizard for creating and customizing contracts. A record label is a small or large company that manufactures, sells, promotes and distributes recordings of associated music artists. Dining Room Board Many independent labels work with PR agencies on a per-project basis, enlisting their support to help push online and offline press. Achieve both regional and national media coverage 2. Without being exhaustive, Hesmondhalgh (1998) discusses reputation effects in independent dance labels in Britain; Gander and Rieple (2004) analyze the dual structure of the industry, the specific . Bearsuit Records is an independent record label based in Scotland, UK dealing with an eclectic mix of clients. It's important to think about this first because the type of music you want to release will determine your label name and branding . In this thesis, I will investigate the work structures and day-to-day operational analysis of independent record labels ("indies") from across the United States and UK. The decline of record labels? Structure company record. These findings will then be applied to my personal experiences running an independent record label in Syracuse, New York as a way to evaluate our own operations. Record labels come in all sizes, from small independent labels run by one or two people to huge corporations made up of hundreds of people in dozens of departments. You'd best do some major reading into all three; most indie record groups will go for the latter, though. Big Stir Records are a pop rock record company with a community ethos. It contains the physical and digital tools that music entrepreneurs need to get started setting up and running a record label: Official registration as a limited company. Big Stir Records, Burbank, California, USA and Croyden, London, UK. Companies that provide these services are typically small- or medium-sized enterprises and may have international licensing deals and distribution-only agreements with major labels. 37 Full . You might want to be a niche label and specialise in African-Blues. This can include: Setting up contracts or agreements with agents, producers, business managers, or managers. 01 of 08 Choose Your Business Structure and Label Name Roberto Westbrook/Blend Images/Getty Images Many indie labels skip this step, at least initially, but it is a good idea to have your record label set-up as a legal business entity from the start. Improve your business processes and document management with SignNow eSignature solutions. MF Doom, one of the pioneering artists of the underground hip hop scene, whose success created a market for independent labels An independent record label (or indie label) is a record label that operates without the funding or distribution of major record labels; they are a type of small- to medium-sized enterprise, or SME. IIS Windows Server A Little Lovely Company. Start releasing your music to all major music platforms for free, without giving up your rights. Now, the best place to save all your folders and files is in the cloud. They sign, develop, record, promote, publicize and sell music. Download our FREE "How To Start a Record Label" CHECKLIST http://OtherRecordLabels.com/checklistLet's talk about how to start a new music #recordlabel w. You'll need to put up accounts that the public are entitled to look into and you'll have to work with an accountant all the time, but it's the most legitimate route to success. Independent Music Label; Independent music label which is also known as the 'indie label', are music labels that adhere to independent criteria of corporate structure and size, or any record label that releases non-mainstream music, regardless of its corporate structure. W hen it comes to getting a record deal, finding the right fit and structure with a label is crucial but is an indie or a major record company a better . Independent Labels Independent and smaller record labels, on the other hand, have much less staff and resources. E-Compos, 2012. Handling tax Starting an independent record label is one that can lead you to freedom, choices over your music and capabilities to rise among independent artists and the culture. R&S may be one of the oldest indie labels on this list, but it hasn't yet lost its sense for groundbreaking experimental music . Go beyond e-signatures with the airSlate Business Cloud. Most recently, the record label has sought out younger talent for music promotion, signing on well-known names like The Black Keys and Hoops, to name a few. (Check if applicable.) The next step is to create an identity for your record label. 3II. This guide's going to show you how to start a independent record label in six steps: Ideation Talent sourcing Business & Brand Strategy Legalities Preparing for Launch Promotions 1. This simply states your Record label name Business address Email address Print out your plan and present in an eye-catching folder or binder. IAMSOUND is an independent record label located in Los Angeles, California. E-signature; Title Page This is the title section and front page of your business plan. It also allows you to be successful without the bigger record labels taking away your rights as a musician and as an artistic entity. A&R will generally be your first contact with the label. When it comes to getting a record deal, finding the right fit and structure with a label is crucial but is an indie or a major record . A recent global industry report reveals the year on year, increasing proportion of music industry's revenue that comes from the independent sector. Or you might want a broader scope than that and . It's free to sign up and bid on jobs. Price: . Record Companies (Record Labels) take big share in the work of the music industry. What Is An Independent Record Label? Full PDF Package Download Full PDF Package. Notable artists/releases: James Blake, Nicolas Jaar, Paul White. Capital required in order to promote new signed artists: $300,000. World music, Early Music, Traditional Irish music, etc., are the label's specialization. Choose The Name. Fees for name registration vary province-to-province, but it is generally inexpensive. 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. 100% free, reusable record label contract template for indie labels and artists. The record label industry is an older one but it spread widely in the 1990s, when the independent tables, home studios, and consumer recording technology became more common. Scaling the business will be your next major step. This record label business plan template free can be freely used for getting all industry and market trends, you should know to start a record label business plan. Website: Contact Page. This drawback may limit your exposure and consequently your success as a musician. By Richard Salmon. Products. Preparing or formalizing band agreements. Creating the right kind of identity for your label is incredibly important, given that in the international digital age this will be your shop window. Marketing & advertising: $25,000. It is suggested that a heightened version of the art versus commerce dichotomy central to rock ideology provides the basis for a number of legitimizing theories through which the aesthetic and industrial . It's that easy, but can make your work look a lot more professional and make your work instantly recognisable. In fact, in 2005, independents accounted for over 19.2% of the music industrys market share, equating to sales of approximately $2 billion and 180 million units. An Artist Recording Agreement is a contract used by an independent record company to enter into a contractual agreement with an individual, group or band for their exclusive services as a recording artist for that record label and pay royalties based on a percentage of the income received by the label. Get your music out for free. The American opera director Eric Fraad got the label launched. J. Ignacio Gallego. Be the Owner of a Successful Independent Record Label. Horus Music label service promotes itself as being the helping hand for artists and labels heading towards the next big step. next album independent of any record label 1. Please do not request edit access, instead click: File > Make a copy You can use this Record Label . Advances, not to mention a limited reach in marketing, his real passion lies music! 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