What is the point of a music label? Is it just: “Promote music and share profit”?
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Basically. Same as a real wastage agent. Agents historically were great because they had access to marketing and networking that the layperson just couldn’t access.
Music labels are the same. They’ve got the network and resources and established connections to record, manage your tour, market your album, source high quality producers, and position your albums and tours so that they reap the most profit.
That landscape has changed thanks to streaming services and high quality home recording studios that are relatively affordable. But Joe Schmo still can’t just go up to Live Nation and book a top venue, or plug a song on the radio, or get an artist’s name into award shows.
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