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Advice Needed On How To Start/run A New Record Label. - Music/Radio - Nairaland

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Advice Needed On How To Start/run A New Record Label. by mathew247: 4:29pm On Jun 20, 2017
The location is designed to be @ Coal City, Enugu. So guys I need your advice and things that needs to be done and if possible peoples that I should meet for it to be known. Thank You.
Re: Advice Needed On How To Start/run A New Record Label. by Sugarcious(m): 4:39pm On Jun 20, 2017
Starting a music label is quite a nebular subject as it greatly depends on what services your label will be offering and if its a label just to handle your own music productions in order to keep it all in house. So can you run it from home? Well its a case of professionalism, if a band is going to sign with you then they may not want to have a meeting in your living room with your cat there overseeing it, but in saying that its not uncommon especially if you have the space to do so. In modern times record labels are getting more streamlined and V2 was run out of a Villa in Holland Park in London, so its not totally uncommon. Its a case of ensuring you have the space to run the company rather than its physical location. What constitutes a record label? I would say a record label is a essentially a financial vehicle with a distribution network and the ability to invest in an artist to push their work. But the role of a modern music label is as an investment vehicle for music. Pushing the finance through to ensure that the singles and albums are produced and then generating income from sales which are derived from it. But you would have the choice to how top heavy you make your label. From a simple investment vehicle to a fully fledged label taking on artists assigning managers and public relations, advertisers, communications and many more specialists to promote a artist. Its dependent if you want to be a micro label or a major. Remember V2 was a indie label with the power of a major. Is there paperwork involved? Yes, there is a lot of paperwork mainly in terms of legal contracts so in this case I would advise you getting a lawyer who is a specialist in the entertainment business at this point. Its money well spent. Also get yourself a copy of The Music Business by Donald S. Passman Bands named recognized legally so other can not use it? Simplest way is to establish copyright of the name and see locally how to do this from your local entertainment lawyer but also check if no one out there has this name. I once was approached to represent a band with such an amazing name and in my eyes thought too good to be true so five mins of researching found another with their name. So research and when you also see that an internet URL is available, get it as this is usually an incredibly good sign for you.

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