We have decided as a group that our artist will be signed to a major label, namely Universal Music group. it is a record label made specifically for hip pop and urban music, it has signed mainstream artist such as drake and Kanye west. Who both have experienced considerable amounts of success especially the former.
We chose a major label as they are more likely to put our artist out their and promote and distribute their music adequately.
Independent record labels would promote our artist but not up to the level we desire.
Major labels are usually owned by a massive parent company unlike independents who usually don't have a major corporate backer.
1}A huge difference between major and Independent labels is the actual contracts they sign with musicians. An independent artist, however, holds a huge benefit a major label artist does not HOLD. Major labels almost every time won’t let the artists keep ANY rights over anything being recorded or released. Major labels make their artists send 360 degree deals which ensures the label has a share in revenue generated from music as well as touring and merchandise sales.
2}Probably all major signed artists earn 9-16% royalty on their tracks. An independent label is commonly known to offer the artist 40-85% in royalties. This shows how much the major labels get to take in for themselves and what the artist earns. Again showing that independent labels have an advantage in this area .The difference here is that if a major label artist is taking almost 20 percent in royalties he is most likely to make more than the independent artist who takes double or even triple at times in royalties, this is due to the fact that majority of major labels are more likely to generate more money for their artist than the independents would.
We chose a major label as they are more likely to put our artist out their and promote and distribute their music adequately.
Independent record labels would promote our artist but not up to the level we desire.
Major labels are usually owned by a massive parent company unlike independents who usually don't have a major corporate backer.
1}A huge difference between major and Independent labels is the actual contracts they sign with musicians. An independent artist, however, holds a huge benefit a major label artist does not HOLD. Major labels almost every time won’t let the artists keep ANY rights over anything being recorded or released. Major labels make their artists send 360 degree deals which ensures the label has a share in revenue generated from music as well as touring and merchandise sales.
2}Probably all major signed artists earn 9-16% royalty on their tracks. An independent label is commonly known to offer the artist 40-85% in royalties. This shows how much the major labels get to take in for themselves and what the artist earns. Again showing that independent labels have an advantage in this area .The difference here is that if a major label artist is taking almost 20 percent in royalties he is most likely to make more than the independent artist who takes double or even triple at times in royalties, this is due to the fact that majority of major labels are more likely to generate more money for their artist than the independents would.
3} control:When you sign a contract with a label not only due you work for someone else, but you also can’t control where you perform. Besides performing you can’t control When you release your album or even music upload online. Being independent is not a bad thing it just means it’s time to start a business from the ground up. Many musicians make a living of iTunes alone now imagine what you can do with over 50 digital selling websites. But this requires a lot of hard work unlike major labels they have a whole team behind you and they are pretty much in control and charge of most things that happen regarding your music ,majority of the time the artist has minimal say.
Major record labels use the best music directors as they have top level music directors, sometimes they never let the artist use their ideas make a video he/she has to succumb to the labels wishes all in the name of boosting sales unlike independent labels the artist funds the videos and can only rely on the connections they have but are in total control of what happens.
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