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HOW TO START A MUSIC LABEL

February 16, 2015 4:12 pm Published by Leave your thoughts

Record companies make money by marketing and investing heavily in their products – in this case, the product is the artist & their music. For smaller labels, recording costs average $15K per album. For large labels, the average cost can be from $100K to $500K and up.

No special license is required in any state to operate a record label. You may set up your business as a sole proprietor, limited liability company or corporation depending on your needs and the size of the business.

Thinking of starting a label? Here are 8 essential things to consider when setting up.

  1. Choose The Music. …
  2. Choose The Name. …
  3. Establish A Brand Look. …
  4. Build A Website/Register The Name. …
  5. Get Your Tracks Sounding Good/Mastered. …
  6. Promotion. …
  7. Know The Contract. …
  8. Get Your Artists Playing Live.
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