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-- So if there's no money why does my label bother paying for stuffffff?
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Posted by Richard Butler on Jul-01-2010 14:07:

Behold, my arse. So if there's no money why does my label bother paying for stuffffff?

Oh, you bet I'm gonna start this thread - I'm arse end up ready for a whuppin.

1) No I'm not in it for money - but wouldn't say no

2) Forum people often claim there's about $3 to be made

3) So why does the label bother organising mastering (twice on my latest track), remixes, promotional work, phoning me, time emailing, posting etc - whats it all for if there is no money being made?


Yikes


Posted by Zak McKracken on Jul-01-2010 14:13:

thats the point. they take all the money. nothing is left for you.


Posted by tehlord on Jul-01-2010 14:15:

quote:
Originally posted by 19503
thats the point. they take all the money. nothing is left for you.



Good point


Posted by Zak McKracken on Jul-01-2010 14:17:

so they must die in order for us to be able to eat. its survival of the fittest, and none of us (artists and labels) really fit.


Posted by Richard Butler on Jul-01-2010 14:21:

quote:
Originally posted by 19503
thats the point. they take all the money. nothing is left for you.


So lets set up our own producer co - operative - we share the workload fairly though and keep the whole thing very transparent? Chaos - or doable? No coat tailers.


Posted by Rodri Santos on Jul-01-2010 14:24:

making a track is say 50 hours of work on average (take this for example) even the worst works are paid like 10�/hour this would mean 50x10 = 500�

Haha i believe that even tiesto don't get that much money for his tracks... the online store and the label retain 80% of the track which is sold at 1'5� ~ meaning you get like 20 cents for each sale and you ar unlikely to sold it more than 100 times meaning 20�. You spent more in light while making the track.

I think we are in a situation that would be better if piracy finally ruins all this business because now sucks a lot.


Posted by Zak McKracken on Jul-01-2010 14:25:

i dont understand the question, Richard...
oh and btw, producing isnt really work.


Posted by sterilis on Jul-01-2010 14:45:

yea i never received a penny for mine and don't expect to lol


Posted by Richard Butler on Jul-01-2010 14:46:

quote:
Originally posted by Rodri Santos


you ar unlikely to sold it more than 100 times




On that basis my label would make about �60. But they've spent more in staff costs, calls, 2 mots of mastering, time on promotion, so it's all a bit of mystery.

The label said to me the track is just going out on promo - what does this mean? Presumably they send it to all thier contacts and see the reaction?


Posted by tehlord on Jul-01-2010 14:53:

quote:
Originally posted by Richard Butler
On that basis my label would make about �60. But they've spent more in staff costs, calls, 2 mots of mastering, time on promotion, so it's all a bit of mystery.

The label said to me the track is just going out on promo - what does this mean? Presumably they send it to all thier contacts and see the reaction?



I've often thought there was an Illuminati style cloak of invisibility over the subject of small time artists and labels and the amount of money that changes hands.

Maybe the lables hope that one in a hundred releases makes them a couple of grand?


Posted by MrJiveBoJingles on Jul-01-2010 15:05:

quote:
Originally posted by tehlord
Maybe the lables hope that one in a hundred releases makes them a couple of grand?

Could be.

That's how a lot of book publishing works. Hit that occasional million-copy bestseller, and you're good to publish lots of lesser known authors.


Posted by Zak McKracken on Jul-01-2010 15:05:

quote:
Originally posted by Richard Butler
On that basis my label would make about �60. But they've spent more in staff costs, calls, 2 mots of mastering, time on promotion, so it's all a bit of mystery.


lol theres no mystery. their out of business any time. stop holding on to nothing.


Posted by Richard Butler on Jul-01-2010 16:11:

quote:
Originally posted by 19503
lol theres no mystery. their out of business any time. stop holding on to nothing.



Who's holding on for anything here?

Every time this debate comes up someone says 'stop worrying about it' so let me clarify;

I'M NOT WORRIED, but that does not stop me wanting to get to the bottom of what is fact and what is fiction.

I run my own business and I make quite a lot, but I know others in the same business who have gone bust.
So there you go - in any field some make money and some don't. Those who don't ALWAYS tell others the industry is shite, there's no money - I know bar owners who say this, yet I mknow other bar owners dripping in cash.

Isn't like acting - some make diddly squat and some make millions!


Posted by Zak McKracken on Jul-01-2010 16:24:

i dont understand. u run your own thing, yet you wonder about these things? and ur signing on other labels? i seriously dont understand. sorry maybe its the language. maybe it comes down to how they run their business in the end. maybe people who run it from home on their laptops or small bedroom studios dont really have anything to loose and therefore cant go broke, while the oldschool type of labels, with renting locals for big studios, many employees, lawier-work for the contracts etc etc cant go on. maybe its all about the business model which allow some to survive on small sales while other have an entire stab to feed. the big labels maybe are too slow to adapt to how things works now and therefore goes to hell. ofcourse theres still money in the business but its not coming in the same way.


Posted by Rodri Santos on Jul-01-2010 16:27:

a label is more a promotion tool or has other interest, they aren't meant to make a lot of money, if you run a label as your main job... i doubt you earn enough to live.

Inputs---> 1000 sales a month 50 cent each--> 500�

Discount hosting of website, mastering , promotion etc etc... i think that if they make money enough to cover the costs it's enough.

Well i was about to sign a track with alter ego, do you still recommend them? because i know 4 amateurs all labels tricks you


Posted by Zak McKracken on Jul-01-2010 16:30:

no u are not tricked by labels. but u feel tricked because u expected to be tiesto. its all about expectations. lower them!


Posted by Rodri Santos on Jul-01-2010 16:44:

my expectations are that i won't see a penny then this happens sometimes.


Posted by tehlord on Jul-01-2010 16:47:

quote:
Originally posted by 19503
no u are not tricked by labels. but u feel tricked because u expected to be tiesto. its all about expectations. lower them!



You're right, it MUST be the language.


Posted by orTof�nChiLd on Jul-01-2010 16:56:

what about starting your own label? is that a hard thing to do?


Posted by Zak McKracken on Jul-01-2010 17:08:

no. easy. recommended.


Posted by cryophonik on Jul-01-2010 17:19:

Imagine a world in which every artist is also his own label.


Posted by Zak McKracken on Jul-01-2010 18:36:

that would be the perfect solution. thats what im trying to convince people to do also hehe.


Posted by MSZ on Jul-01-2010 19:33:

check out the first 10 seconds of this video of toolrooom studio.

http://www.youtube.com/watch?v=VoE_-h7oLMo

this guy has a team employed probably fulltime, must be racking in some serious cash.


Posted by tehlord on Jul-01-2010 19:47:

quote:
Originally posted by cryophonik
Imagine a world in which every artist is also his own label.


If only there were a website with the resources to make that a reality eh Dave


Posted by cryophonik on Jul-01-2010 19:51:

quote:
Originally posted by tehlord
If only there were a website with the resources to make that a reality eh Dave


Hmmm...what a novel idea.


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