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Pick a Name for the Label. Decide on a Business Structure. Find Your Music. Artist Deals and Recording Contracts. Figure out Distribution. Promote your Music. Collecting All of Your Royalties.
Starting a small scale but standard record label company that can only carry out basic recording services/studio works in the United States of America will cost about twenty thousand dollars to fifty thousand dollars ($20,000 to $50,000).
Choose Your Business Structure and Label Name. Find Your Music. Indie Label Contracts: Framework and Artist Deals. Figuring Out Distribution. Figuring Out Promotion. Prepare Your First Release. First Release Redux: Ride the Learning Curve. Additional Tips.
Large labels pay about $0.50 to $0.55 per CD on orders of 100,000 or more. Labels that buy less than 10,000 CDs per year pay approximately $1.20 per CD. Record labels pay two royalties: one to artists, and another to composers & publishers. Artists can receive 10% 15% of suggested album retail minus packaging costs.
Clearly, a Corporation is a better choice to consider in starting a record label. Similar to a Corporation, an LLC will provide you and the members with limited liability and protection of personal assets while for ownership and tax purposes allowing the LLC to be treated as a Partnership.
Write a Great Bio. First things first: make sure your brand is properly and professionally represented online. Prepare Your Tunes. Remember about producing and delivering good quality. Do Your Research. Do Your Research. Be Relevant. Think Like a Label. Send it Out! Submit a Demo to Blue Label Records.
Consult with a Lawyer. Choose a Name and Design a Logo. Register Your Name and Logo. Register Your Label. Obtain a Federal Tax ID.
Choose Your Business Structure and Label Name. Find Your Music. Indie Label Contracts: Framework and Artist Deals. Figuring Out Distribution. Figuring Out Promotion. Prepare Your First Release. First Release Redux: Ride the Learning Curve. Additional Tips.
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