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? 19.28K viewsJanuary 3, 2024 Question91.19K January 12, 2020 0 Comments 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 26 Answers ActiveNewestOldest Anonymous Posted January 12, 2020 0 Comments The ‘labels’ are the venture capitalists of the music industry. If you’re a musician and you already have a load of money, you can start your own. If all you have is talent, you need investors. You are viewing 1 out of 26 answers, click here to view all answers. Register or Login
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