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. 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 . 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. Marketing your music in a digital world. Ideation Starting a independent record label begins with brainstorming how the record label will stand apart from the sea of labels out there. 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 . ISRC codes for registering releases. Heresy Records had based in Dublin. This simply states your Record label name Business address Email address Lower Budgets Because independent record labels are independently funded, they tend to have smaller budgets compared to the majors. Dreamhop is built on support and gives artists the necessary care and help to encourage growth and build a collective community around the music. IIS Windows Server A Little Lovely Company. Structure company record. 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 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. 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. Get everything you need to configure and automate your company's workflows. The breakout of the funding is below: Securing record label office space, build-out, and design: $100,000. Of course, all those things happen before. 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. Try now for free! This legal contract covers the basics that make up a traditional record label . (Check if applicable.) Key Objectives Main Objectives 1. 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. Email: rexbroome@gmail.com. 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. Download the template and open in your document editor and then we'll go through each of the sections. 2. 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. Dreamhop Music. Increase Spotify streams and iTunes. They work with a curated list of artists, offering artist-friendly license deals that help take music to the next . Start releasing your music to all major music platforms for free, without giving up your rights. By distributing your music through amuse, you make it possible for our label team to follow your momentum. And its not just for labels, this structure can be used for any artist that is self-releasing music. 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. Independent labels have been described by knowledgeable music industry professionals as the lifeblood of the business. 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. Price: . It also allows you to be successful without the bigger record labels taking away your rights as a musician and as an artistic entity. You'd best do some major reading into all three; most indie record groups will go for the latter, though. Preparing or formalizing band agreements. The next step is to create an identity for your record label. Below for a sample record label business plan. Start Your Own Record Label. Make your plan look and feel professional. You might want to be a niche label and specialise in African-Blues. Learn More Full PDF Package Download Full PDF Package. 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). Music is big business. Once you're signed, the A&R team will be the ones that manage the . Box 1923 Oxford, MS 38655 Phone: 662-234-2828. Products. Go beyond e-signatures with the airSlate Business Cloud. My research constitutes a combination of scholarly studies . 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. Twitter: @BearsuitRecord. Independent record labels are often considered more artist-friendly. Like any small business, you'll want to look ahead toward further growth and maximize your earnings where possible. Big Stir Records are a pop rock record company with a community ethos. Marketing & advertising: $25,000. Industry Talk. 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. . Horus Music. Put together a list of names and test them out with friends . For these services a flat-fee is paid, around $750 - 1500 per online or offline campaign with a decent agency. Please do not request edit access, instead click: File > Make a copy You can use this Record Label . They are cultivate a community of passionate artists working hand in hand to create the best chill vibes. Search for jobs related to Independent record label tour support or hire on the world's largest freelancing marketplace with 20m+ jobs. The decline of record labels? Brainfeeder is an independent record label based in Los Angeles, California that found it's early inspiration from LA's underground beat scene. A free toolkit for indie record labels to help you start a record label or assist with your current label. Best Suited: Established / larger artists. 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. They sign, develop, record, promote, publicize and sell music. It's important to think about this first because the type of music you want to release will determine your label name and branding . Fat Possum Records P.O. Dining Room Board Most Interesting Service: Integrated and restrictable database for client and colleague. It's free to sign up and bid on jobs. Photo by Sudhith Xavier on Unsplash. Handling tax Independent Labels Independent and smaller record labels, on the other hand, have much less staff and resources. 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. This means little or no advances, not to mention a limited reach in marketing and event promotion. next album independent of any record label 1. In fact, Billboard, the best known music industry publication, lists more than 2,000 record companies currently in operation. Mr. 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. 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. Products. Choose The Name. With the exception of the Leaving Member sections of this Agreement, Artist will perform and record under the professional name _____. Artist agrees to record and re-record each . It's that easy, but can make your work look a lot more professional and make your work instantly recognisable. Smaller labels don't have fully-staffed departments in each of the divisions. Our experiences with PR agencies have been two-sided. Here are some practical tips on how to start your own label. 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. Overall Rating: 4 / 5. Splitting up expenses, song splits, voting rights. It's free to sign up and bid on jobs. The American opera director Eric Fraad got the label launched. Big Stir Records, Burbank, California, USA and Croyden, London, UK. Online Contract Wizard for creating and customizing contracts. Search for jobs related to Independent record label contract pdf or hire on the world's largest freelancing marketplace with 20m+ jobs. Lion Bold Records. 21. 37 Full . By Richard Salmon. Dreamhop Music is a Record Label promoting lofi and chill hiphop beats. Notable artists/releases: James Blake, Nicolas Jaar, Paul White. Such royalties to be paid on selections recorded hereunder and sold by Company or labels leasing or buying Company's masters, whichever is applicable . This can include: Setting up contracts or agreements with agents, producers, business managers, or managers. 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. The independent music market isapproximately $6 billion across the globe, or 38.4% of the global music market. Heresy Records, an independent classical record label. 4.3 MARKET TRENDS 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. Be the Owner of a Successful Independent Record Label. Many famous record labels include American Record Corporation, Warner Music Group, Universal Music Group, Sony Music, and many more. Print out your plan and present in an eye-catching folder or binder. IAMSOUND is an independent record label located in Los Angeles, California. Download Download PDF. This article introduces the main results of a survey performed on independent record and distribution companies of popular music in Spain. E-Compos, 2012. Capital required in order to promote new signed artists: $300,000. These individuals are the point of contact between the label and the artist. FREE DOWNLOAD Record Label Business Plan 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. 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 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! What Is An Independent Record Label? 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. Scaling the business will be your next major step. IAMSOUND was founded in 2006 with a focus on pop, alternative and electronic music. 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. A recent global industry report reveals the year on year, increasing proportion of music industry's revenue that comes from the independent sector. A&R will generally be your first contact with the label. 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 . Pre-arranged business banking. ii) Partnership - Similar to a sole proprietorship, except that there are two or more partners. 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. Below is a brief description of each section. Naxos deals with global distribution. Lion Bold Records is a unique alternative to traditional record labels. independent record labels in the digital era. 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. Indie labels range from home-based hobby labels to highly profitable, large businesses. Get your music out for free. 3II. Website: Contact Page. Record label lawyers frequently represent independent record labels and independent producers in the music-creation and distribution process. 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. Record Companies (Record Labels) take big share in the work of the music industry. Some of them only have up to 2 staff people that are responsible for more than one of the divisions. Research your competitors and how they are branded. 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. E-signature; Achieve both regional and national media coverage 2. Company Description History Fearless was founded in 2018 by Jack Raybuck in his college apartment at the University of Arkansas. Once you start earning money, you are well on your way to being the owner of a successful independent record label. A short summary of this paper. This drawback may limit your exposure and consequently your success as a musician. J. Ignacio Gallego. Our in-depth guide to starting, running and developing your own business will help you . 100% free, reusable record label contract template for indie labels and artists. The very first step is to think about what genre (s) of music your label will specialise in. Three months of overhead expenses (payroll, rent, utilities): $75,000. Radiohead was about to test their theory that . Many independent labels work with PR agencies on a per-project basis, enlisting their support to help push online and offline press. Understand your market. This way they are all backed up automatically. 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 . 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 . 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. World music, Early Music, Traditional Irish music, etc., are the label's specialization. Improve your business processes and document management with SignNow eSignature solutions. 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. A record label is a small or large company that manufactures, sells, promotes and distributes recordings of associated music artists. 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. 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 . Also, via this agreement they can get various licensing, selling, and promotional rights in relation to these recordings. Horus Music label service promotes itself as being the helping hand for artists and labels heading towards the next big step. Competition from other high-profile independent and major labels 4. Or you might want a broader scope than that and . Creating your own labels is easy. 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. Bearsuit Records is an independent record label based in Scotland, UK dealing with an eclectic mix of clients. The toolkit includes a sample recording contract, checklist, workbook, coupons, and social media templates! The label is known for its unique approach to filling in art design. Fees for name registration vary province-to-province, but it is generally inexpensive. An honors graduate with a degree in marketing, his real passion lies in music. The world of music retail is changing fast, with digital distribution bringing new opportunities for independent record labels. Also known as an indie label, this type of business operates on its own without being affiliated with or funded by major record labels. This Paper. Trademark Search. Artists had for a long time complained about the pricing and payout schemes that record labels offered to them. Title Page This is the title section and front page of your business plan. Knopper Reference Knopper 2009; Marshall Reference Marshall and Marshall 2013b; Wikstrm Reference Wikstrm 2013)? 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. When you're ready to go, use this resource to start writing a business plan. Artist will not use a different name in connection with the Master Recordings unless Artist and Company mutually agree in writing. Now, the best place to save all your folders and files is in the cloud. Published September 2007. 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. 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. 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