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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).
Record Label Business Startup Costs As little as $200 to get started at home to as much as $50,000 for a recording space.
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.
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.
Suggested clip HOW TO START YOUR OWN RECORD LABEL AS AN ARTIST YouTubeStart of suggested clipEnd of suggested clip HOW TO START YOUR OWN RECORD LABEL AS AN ARTIST
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