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AudioGuru
tranceaddict
Registered: Mar 2005
Location: Denver
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sounds like a fun idea.
What type of promotion would be above what people can do on their own now that we have tunecore, and snocap type stuff?
I also think the artist should be alowed to sign any future tracks with a different label if they wish, since it seems like this label would be for up and comming producers. It would be nice to have the freedom to grow beyond at some point. just a thought
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http://myspace.com/dlemmon
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Dec-25-2008 08:10
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Joss Weatherby
Banned

Registered: May 2008
Location: The Pacific Northwest, of course
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Re: Re: On the issue of labels...
| quote: | Originally posted by ********
Talk to the person who owns the name tranceaddict. |
I don't think I would want the Tranceaddict name, its too limiting in terms of content. I am seeing this extend into all genres of music eventually.
| quote: | Originally posted by ********
an artistic cooperative.... good idea in concept but I'd rather run it this way.
Everyone owns shares in the corporation. To join the lable you need to be accepted and sold the shares.
People can still be on the lable but don't get to vote on how funds are used, and need to pay the fee, or determine a reasonable deal for costs of merchanidising and distributing the track.
Share holders would get proceeds if the company made money - every quarter. Artists themselves would get profits based on the particular conditions of the release, ex. an artist who approaches for release on a basis of a 20-20 share of profits would get 20% of profits.
Funds gained by the company could be reinvested in what the stock holders felt was needed.
Everyone would have access to promotions, especially if it was tax deductable and taxes were owed, but share holders would vote on how the promotions funds were used. Likewise everyone ont the lable could start up their own companies and lables, or service providers such as art work, to gain as many tax write offs as possible, and means to gain grants.
Shareholders vote on whether the track is released or not.
Shareholders can sell their shares.
That is my idea.
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It's a good idea, but to me it runs counter to what I want to achieve. Your idea seems to rely on artist fronting money initialy, which seems dangerous and limiting to a lot of artists.
Still, good ideas.
| quote: | Originally posted by ********
The 1000$ margin is sort of useful; however these are the issues
1. What if someone never makes more than 1000$/month, do they sit and watch the earners get all the funds?
2. Who handles promotions funds?
3. Who decides how promotions funds are used?
4. Other than the name tranceaddict what does this lable have to offer over getting signed to another outlet?
5. Who will handle release quality of this lable?
Of course there is no reason why your forumula wouldn't work. |
To answer numerically.
1. If an artist makes under 1000$ a month then their amount goes back into promotion which should ultimately help them in going past the 1000$. This could work differently with a percentage based system instead of a fixed price point, but that begins to add issues of favoritism which is something I want to try and avoid.
2. This is something that would need more detailed discussion on, but it would most likely be someone/a group hired to do so. A process would need to be put in place for the division of funds in an equal manner. Maybe even letting the artists choose in which direction they feel that their share would go to.
3. See above.
4. Not even having the TA name, the draw would be that artists that are found to have something to offer will get a potentially large amount of promotional expenses even if their initial draw is limited. Of course a low-pressure, nurturing atmosphere would also be a draw.
5. This also deals with the above in a way. It would most likely be handled in the same process A&R is handled. By peer review, but an ultimate decision based on perhaps a permanent group above the peer review groups. Keeping the pool of artists to a group that the rest feels has potential is important as well, that is to prevent dilution of promotion funds. Artists may be let go due to lack of growth, etc, but again this process requires much more thought.
Last edited by Joss Weatherby on Dec-25-2008 at 08:25
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Dec-25-2008 08:19
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Joss Weatherby
Banned

Registered: May 2008
Location: The Pacific Northwest, of course
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| quote: | Originally posted by Storyteller
This isn't gonna work like this.
A Label should be taken care of by one or two persons ultimately who manage everything. They should have similar taste and be on the same page, more or less like friends. Labels with too much external influence are shite as they can't do anything because everyone wants a label too steer into another direction ultimately leading to a simple halt of productivity. You just need someone with a clear vision, willing to put in hard work and dedication. All set.
1000$ objective is unrealistic. There's just a handful of artists that has made such figures on this website and they're not really active anymore, and don't feel the need for a TA label. I don't think this is a good plan. Even though there's some talent around. The community aspect of this label will translate into a blurred vision of what a label it should be and would make decision making very hard. Unless it's managed by few people without TA's interfering. |
Once again this is NOT going to be something Tranceaddict specific, nor will it cater just to Trance or even Electronic music. It might not even start with EDM, but with something that has a bigger market potential to help get things off the ground.
Your point about the label being to varied is true, and it might start more specific, and it probably will start with just a few people at the top. Eventually I would hope to see "divisions" of a parent label with a more specific focus.
The idea here isn't to get the artist rich on this label, or the label to score huge, but to use it as launching point for them on to bigger and better things, like joining a larger, more traditional record label. Hopefully some artists will like this communal nature and stay with it despite the offer of bigger labels, which I don't see as too crazy with the proliferation of independent rock labels.
I understand your pessimism though. A lot of these ideas could change drastically as the plan fleshes itself out more and more and thats why I want input from small artists on how they think a service like this could best serve them.
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Dec-25-2008 16:30
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parafrNalia
Supreme tranceaddict

Registered: Aug 2008
Location: London, Ontario
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Dec-25-2008 18:28
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Storyteller
Supreme tracneaddict

Registered: Feb 2005
Location: The Netherlands
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| quote: | Originally posted by Joss Weatherby
Once again this is NOT going to be something Tranceaddict specific, nor will it cater just to Trance or even Electronic music. It might not even start with EDM, but with something that has a bigger market potential to help get things off the ground.
Your point about the label being to varied is true, and it might start more specific, and it probably will start with just a few people at the top. Eventually I would hope to see "divisions" of a parent label with a more specific focus. |
I was kind of referring to the idea to vote for which tracks are released (********s's i think). That woeld just be a mess. your quote sounds standard, but it is bound to work best...
| quote: | | The idea here isn't to get the artist rich on this label, or the label to score huge, but to use it as launching point for them on to bigger and better things, like joining a larger, more traditional record label. Hopefully some artists will like this communal nature and stay with it despite the offer of bigger labels, which I don't see as too crazy with the proliferation of independent rock labels. |
Honestly the things that halped me most where the releases themselves and the cash. I bought nice new gear which helped me improve my production qualtiy a lot. Strangely enough my least known tracks got me the most gigs thus far.
| quote: | | I understand your pessimism though. A lot of these ideas could change drastically as the plan fleshes itself out more and more and thats why I want input from small artists on how they think a service like this could best serve them. |
I think you'd mostly need funds pre-launch. a proper (online) marketing plan and a couple of killer tracks with amazing remixes...
___________________
Storyteller Website | Storyteller @ Facebook | Storyteller @ Beatport | Storyteller @ Soundcloud | Stephen J. Kroos - Europa (Storyteller Remix)
Anthony Mea - Get It On (Storyteller Remix)
| quote: | If less is more think about how much more more would be.
-Frasier |
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Dec-26-2008 08:37
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Jimb0b
Senior tranceaddict
Registered: Jul 2007
Location:
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Arent there enough labels around already ??
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Dec-26-2008 09:53
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Storyteller
Supreme tracneaddict

Registered: Feb 2005
Location: The Netherlands
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Dec-26-2008 21:15
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