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?

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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?

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Anonymous 0 Comments

In the olde days artists relied on radio and albums to become known, albums in particular (vinyl or CD) are expensive to start mass production. A label would really the risk that the artist would take off by paying for this start up cost, which should easily be in the tens of thousands of dollars.

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