Start Your Own Record Label? Good Idea Or Not?

It seams allot of artist are starting their ownor make a profit. With all the cons of signing to a major
independent record label for the simple fact that theylabel its understandable why more and more bands
do not have to sell their soul to the devil so to speakare looking at some of the pros to staring their own
or lose their creative image that they have worked onrecord label. Some of the reasons why I personally
developing over the past years of performing andthink it would be a good idea to start your own label is
creating their music.well for one, you can be your own boss another thing
Independent or indie for short is a term herd allot in theis that you have total creative control. Allot of record
music industry. More and more big name artist arecompanies will line you up with what image they feel
emerging on to the charts under a independent recordsuites you and run with that.You make your own
label and if they so happen to own that label their profitschedule, you decide when you release your album
is 100 % . The chunks of money that a recordand when you record. unlike with a major label that
company takes from the artists is on average morewould decide when you record in their studio and
than 85%.Most major label artists earn a 10-15%when the album was expected to be released.Any
royalty rate, expenses come from the cost of thingsthing and every thing that you create with the label you
such as album packaging, design, tour support,own or any image you develop along the way is yours
promotion, video production, and you cant forget theand yours to keep no one would be able to change
advance. A band or artist usually receives a advancethat and if your a real music artist that's something I'm
when they sign on the dotted line. An advance is sortasure you would value.Last but not least any and all
like a loan which allows the artist to have money toprofit you make if your label takes off is yours.
live off of and record with until their record releaseOwning a record label would defiantly class as your
date . The problem is that before they can make anyown business. There for some with aspects of the
money, they have to pay back the advance in fullbusiness you may find it best to hire someone to do
back to the record label.marketing, distribution, production, advertising and things
Since only the most successful artists are able coveralong those lines just for the simple reason that making
the production and marketing costs with their sales, itssongs in it self is hard enough at times.
only right that the unsuccessful artist's debt carriesAll and all when I personally look at the pros and cons
over to their next album, meaning that they see little toof owning your own record label its very clear to see
no money and end up never being able to get aheadwhich out ways the other.