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TranceAddict Forums > DJing / Production / Promotion > Production Studio > So if there's no money why does my label bother paying for stuffffff?
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Richard Butler
Supreme tranceaddict



Registered: Apr 2009
Location: London

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!


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Old Post Jul-01-2010 16:11  United Kingdom
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Zak McKracken
Trance



Registered: Jun 2003
Location:

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.

Old Post Jul-01-2010 16:24 
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Rodri Santos
Supreme tranceaddict



Registered: Sep 2009
Location: Milan

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

Old Post Jul-01-2010 16:27  Spain
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Zak McKracken
Trance



Registered: Jun 2003
Location:

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

Old Post Jul-01-2010 16:30 
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Rodri Santos
Supreme tranceaddict



Registered: Sep 2009
Location: Milan

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

Old Post Jul-01-2010 16:44  Spain
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tehlord
Supreme tranceaddict



Registered: Jan 2009
Location: Windsor

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.


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Old Post Jul-01-2010 16:47  United Kingdom
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orTofønChiLd
Everything is illuminated



Registered: Feb 2008
Location: Miami

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

Old Post Jul-01-2010 16:56 
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Zak McKracken
Trance



Registered: Jun 2003
Location:

no. easy. recommended.

Old Post Jul-01-2010 17:08 
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cryophonik
Boom shanka



Registered: Jan 2008
Location: Elk Grove, CA USA

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


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Old Post Jul-01-2010 17:19  United States
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Zak McKracken
Trance



Registered: Jun 2003
Location:

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

Old Post Jul-01-2010 18:36 
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MSZ
godspeed



Registered: Jun 2005
Location: kill me

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.

Old Post Jul-01-2010 19:33  Canada
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tehlord
Supreme tranceaddict



Registered: Jan 2009
Location: Windsor

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


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Old Post Jul-01-2010 19:47  United Kingdom
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TranceAddict Forums > DJing / Production / Promotion > Production Studio > So if there's no money why does my label bother paying for stuffffff?
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