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Since the majority of their income comes from playing shows, and since it's no secret that "real" record labels have no idea what to do with any of these bands

by Jgrubb 12y ago

Since the majority of their income comes from playing shows, and since it's no secret that "real" record labels have no idea what to do with any of these bands (since they're primarily live bands) there's almost no financial incentive for them to sign labels deals in the first place. Most of them start their own "label" and keep everything for themselves. A smart banjo player I know summed up every record deal like this -- "It's a 90/10 split, all charges go to the 10". Unless you play the style of music that labels know how to market to the point that you can actually turn a profit with that kind of deal, what's the point?

bootload 12y ago
"... Most of them start their own "label" and keep everything for themselves. ..." Courtney Barnett (Milk records) does exactly that ~ http://www.yenmag.net/music/courtney-barnett/ http://www.yenmag.net/music/courtney-barnett/ and http://www.milkrecords.com.au/ http://www.milkrecords.com.au/ I asked this Q because this was one piece of advice David Briggs (https://en.wikipedia.org/wiki/David_Briggs_%28producer%29 https://en.wikipedia.org/wiki/David_Briggs_%28producer%29) gave NY and Crazy horse - "Never give up the master tapes."