What is the purpose of labels in the music industry and why do they hold so much power as well making more money than the artists signed?
In: Other
I play in two different bands on two different labels. They essentially are there to make sure we make it as big as possible. They do most of the marketing for albums, organise interviews and professional reviews, sometimes provide funding for the studio or even tours.
In both cases, they also take most or all of the revenue from sales and streaming for a few years. But we get bigger and get paid more to play, and sell more merchandise. They also sometimes offer us very good gigs, as festivals and bigger venues will reach out to labels asking for bands.
Latest Answers