Record Labels
What does a record label do?
- Essentially a brand or trademark
- Responsible for production, manufacture, distribution, marketing and promotion of albums.
- Enforce copyright laws
- Conduct scouting and development of artists
- Maintain contracts with recording artists and their managers.
Production- editing, song writing, recording of instruments and voice, concept (bought by record label).
Distribution- where to sell the song/album, finding someone to sell it
Marketing- tours, viral marketing
Vertically integrated record labels do all of this.
4 major record labels: Warner Bros, Universal, EMI and Sony (all are vertically integrated)
They are parent companies of smaller labels- conglomerate (parent company).
Media Ownership
Universal is the largest media owner of the music industry- 31.71%
Independent labels are smaller and often focused on more alternative genres.
Warner- 15%
Sony BMG- 25.61%
EMI Group- 9.55%
Independent labels- 18.13%
What do A and R people do?
A and R stands for Artists and Repetoire. Division of record label responsible for talent scouting and the artistic and commercial development of the artist.
3 main responsibilities:
1. Finding talent
2. Overseeing recording process
3. Assisting with marketing and promotion
Who makes money?
The contract will dictate the percentage of ownership of any profit made from a single song or album.
3 main responsibilities:
1. Finding talent
2. Overseeing recording process
3. Assisting with marketing and promotion
Who makes money?
The contract will dictate the percentage of ownership of any profit made from a single song or album.
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