The effectiveness of this Agreement shall commence with its execution by all of the parties, and shall continue thereafter for a period of _________ (#) years. In this Record Label Business Plan Template, the star of the plan is the fictional company [MY RECORD LABEL] which of course will become your company once you fill in your company name. A record label is a brand or trademark associated with the marketing of music recordings and music videos. Record Label Name. FREE DOWNLOAD. 5. Just like PR and distribution, radio is divided in territories. www.morpheusmusic.com The goal of Morpheus Music is to remain an independent record label focused on composing, recording and distributing romantic, smooth jazz. Record labels have long been considered the home of music artists. Capitol Records Nashville is a major United States-based record label located in Nashville, Tennessee operating as part of the Capitol Music Group. This sample business plan for a record label will also help you in deciding the product pricing strategy for your record label company. Now that you have an online presence, the next thing you should focus on is getting a digital distribution deal. You can access the template below, but before you dive in, you can scroll down a little further to learn more about some of the topics you'll need to include. Any expenses which a label leasing or buying masters produced pursuant to this contract charges against royalties paid to Company may be charged by Company against Artist's royalties, if Company so desires. Address & Postcode. Drones from Memphis Tn! Let us help you get more details about the same and . They sign, develop, record, promote, publicize and sell music. It is with great pleasure we bring you another cool new band, Drones! 5. Record label. Capitol Nashville was formerly known as Liberty Records from 1991 until 1995 when it was changed back to Capitol. It has managed to expand to the point of dominating a whopping 98% of the world's music market, operating in 68 countries and claiming the title of market leader in most of its international markets. If you want a real . Then, create a menu that includes all of the pages you'll need. But use the correct digital channels. FACTOR has four designated Company Ratings for Canadian record labels: Approved, Record Label 2, Record Label 3, and Record Label 4. As a record label in South Africa, getting a distribution has never been easier. Thank you for purchasing the Record Label Business Plan Template. addicted group, addicted group label,addicted group record label, publishing,record company, Soweto,Johannesburg Promote. The next step is to create an identity for your record label. PRODUCTION OF RECORDING. Essentially, record labels work to sell the brand of the artist and the products they create. Also included are links to the label websites. There are various different departments within record labels that work together to best sell their products and artists. Bite the Bullet. Record Label Company Prepared By John Doe (650) 359-3153 10200 Bolsa Ave, Westminster, CA, 92683 info@upmetrics.co https://upmetrics.co Business Plan Bring music to life. Decide Whether to Buy a Franchise or Start from Scratch. Independent Label Recording Agreement Author: Preferred Customer Last modified by: Preferred Customer Created Date: 7/19/2003 4:04:00 AM Company: Dell . Once you've got your main imagery, name, and menu set up, decide on your main promotional item. 2. TERM. In 1993, Liberty opened a sister label, Patriot Records, but it was closed in 1995. Located in Miami, Florida, the company will become highly profitable through the sale of pre-recorded music product, and ancillary profit centers. Enforce. Research your competitors and how they are branded. Third Year-: $750,000. Our Business Profile and Services. Many famous record labels include American Record Corporation, Warner Music Group, Universal Music Group, Sony Music, and many more. Now, you may have heard about the names of a couple of record labels while watching television or surfing the internet. record labels ignore you, you have very limited options. Step 3: Determine Your Business Costs. 2 Hally Labels Company Profile Hally Labels Company Profile 3. We hired a music attorney who specializes in drafting music recording contracts and asked them if they would create a basic record label contract that we could share with all of you! To apply to any sound recording or marketing programs, the Record Label must have a Company Rating, and must have Owner (s) Name. Get a digital Distribution deal. ISRC codes for registering releases. The A&R executive that is responsible for getting your artist signed to the label is the primary contact person at the label that you will be doing business with as a manager. 5. Based on conservative revenue projections, REC will generate over $5.7 million in sales revenue throughout fiscal 1997-1998, and $26.3 million in 1998-1999. While major record. According to a report from Buzzfeed, it was only after a grueling, 7-year struggle that JoJo finally got released from her record label company, Blackground Records. Industry Profile: Sales Growth: 4.35%: 30.82%: 63.29%: 4.00%: Percent of Total Assets: Accounts . Today, we The retail record industry is dominated by a few large corporations. The largest record label in the U.S. is Sony Music Entertainment, with a revenue of $9.12 billion and an market share of 20%.. As of 2021, the U.S. record label industry has a market size of $9.7 billion.. Over 102.4 million albums are sold in the U.S. each year.. We've created a free-to-use Record Label Business Plan Template, to help budding entrepreneurs get started writing their plan. Pick a name. If your company name The name you choose can have a significant impact on the effectiveness of your branding. Record labels are companies, large or small, that manufacture, distribute, and promote the recordings of affiliated musicians. The relationship they once forged was similar to that of a parent and a child. So you make sure that you promote music and label on relevant online platforms. Despite continuously creating music, her record label company refused to publish any of it for reasons we still don't know. The following shall constitute the agreement, between THE RCA RECORDS LABEL, a unit of BMG ENTERTAINMENT ("RCA") and ARTIST DIRECT LLC ("AD"), dated as of November 15, 1996, with respect to creation of a record label ("Label") to be managed by AD and funded by RCA as set forth below. 74: 1 She started to make music, again, with her new record . REC will reach positive cash flow in the twenty-third month of operations while netting profits of $4.5 million in 1998-1999 and $6.6 million in 1999-2000. Source: flickr.com. It is always a pleasure to showcase some local talent and these boys have plenty of it. Group of Agilan Sdn Bhd Helps you to move forward along with music This Template is designed in professional business plan format and includes components such as a MISSION STATEMENT, EXECUTIVE SUMMARY, COMPANY DESCRIPTION , INDUSTRY ANALYSIS , MARKETING & PROMOTION, THE FINANCIAL PLAN and much more. 8% of the sales are controlled by Indie record labels, a less commercial version of the large corporations. Check out their Artist Profile and make sure to hit them up on their Facebook and get a dialogue started. After considering the market demands, we have priced our services in the similar ranges as of our competitors. We have stood the test of time and shown resilience against the political and cultural challenges in our region. Often, record label executives seek to choose a name which aligns with the type of music the label produces. 5. Starting a small label based out of your home could be as cheap as $150. A full business plan template for a Record Company . APP COMPANY PROFILE 05 APP COMPANY PROFILE 04 Since planting the roots of APP in 1968, we have grown into a well-established organisation with an international reputation for excellence and client satisfaction. The abundance of independent labels and independent artists are tangible proof of this phenomenon and new business model. . company, and be fairly easy to pronounce, spell, and remember. The U.S. record label market is projected to grow at a CAGR of 4.27% through 2026. DJA Records Corp. (DJA) will capitalize on the growing entertainment market across the world through the production and promotion of high quality entertainment. Company shall furnish to Artist a total of_____ promotional Records at no charge. Label Overview. These are also intended to be filled in with your own customised information. 1. New Record Label Company Artist Alert!! The record label is a business where music artists share their rights to the music with a company to earn profit and advance their careers. Before you get your record label started, get a handle on your startup costs. The remaining 5% is a hodge podge of record labels. Put together a list of names and test them out with friends . 6. For a very comprehensive list of label A&R Executives, which includes the names of each company's A&R execs, producers and staff (plus direct phone & fax numbers and e-mail addresses), we highly recommend the A&R Registry, which is compiled by Music Business Registry. Our Products We make world-class quality labels to any specification and for any type of application or packaging. Artist may obtain further Records from Company at Company's then wholesale cost. A record deal is actually an artist giving up his or her rights to their music and some profit in exchange for professional services that will advance the artist's career. Agi Music Company profile 1. The Recording shall be produced in the following manner: 1. The majors labels always have a one or multiple pluggers servicing radio within a given territory, who push their current high-priority content. This legal contract covers the basics that make up a traditional record label . Record Label Toolkit. Pre-arranged business banking. Under your own label, you'll get a lot more freedom and more . These corporations control over 87% of the CD sales in this country. Add in a website, marketing budget, staff, and recording equipment and you'll shell out $150,000 or beyond. Nothing is too big or small and we are well equipped to service all industries and tackle any labelling challenge. Putting out records on your own, under your own label, is a good idea because you can call the shots and earn a lot more from your music. Second Year-: $250,000. Largest Record Labels Research Summary. If you want to own a record label company, then you are only left with one option; and that is that you must be willing to start from the scratch. The toolkit includes a sample recording contract, checklist, workbook, coupons, and social media templates! The Record Company Music Label business plan startup and operating course, provides an extensive set of template, example and sample documents for starting and running a Record Company Music Label business and contains lectures on how to customize them. Creating the right kind of identity for your label is incredibly important, given that in the international digital age this will be your shop window. You can start a record label for a few hundred dollars. Below is the sales projection for Dexterity Record Label Company, it is based on the location of our business and other factors as it relates to record label start - ups in the United States; First Year-: $75,000. Choose a name for your record label. IT IS, THEREFORE, AGREED AS FOLLOWS: A. There is hardly any place where you can see the franchise of a record label being sold. Artist agrees to pay to Company all costs, expenses and charges incurred or paid by Company by reason thereof. . Bite the bullet. The parties hereto agree to negotiate reasonably, in good . 1.1 COMPANY & INDUSTRY. Online Contract Wizard for creating and customizing contracts. An Artist and Record Label Master License Agreement is a contract used by an independent record company to enter into a contractual agreement with an individual, group or band for the label to release and market a pre-recorded master owned by the artist. What you get in this course are: 1.) 100% free, reusable record label contract template for indie labels and artists. Now that child has become a rebellious runaway. A record label is a small or large company that manufactures, sells, promotes and distributes recordings of associated music artists. First, choose a header image or add a logo that conveys what your label is all about. Unity between your label's name and identity can make it easier for consumers to predict what . History Most labels take the shot gun approach to sales. Choose The Name. A free toolkit for indie record labels to help you start a record label or assist with your current label. Once it's complete, you will have a useful overview of your label, your finances, and how you will achieve your goals. B. Artist Promotional Records. <hr> Free record label business plan template <br> <center> A&R are responsible for finding new talent to sign to the label, develop the artists creative and recording abilities, and oversee the entire production process. Of course, all those things happen before the album ever gets into the store. It contains the physical and digital tools that music entrepreneurs need to get started setting up and running a record label: Official registration as a limited company. Pluggers operate either independently or are employees of record labels (in the radio department) or PR agencies. Be sure that your label's name is prominent on the page. If the above answers aren't enough for you, or if you're still balking at the idea of getting to work (hint: starting a record label might not be for you), then I have one last suggestion. Often, a record label is also a publishing company that manages such brands and trademarks; coordinates the production, manufacture, distribution, marketing, promotion, and enforcement of copyright for sound recordings and music videos; conducts talent scouting and . Table of Contents Executive Summary 4 Introduction 5 Mission 5 Objectives 5 Keys to Success 5 Financial Highlights 6 3 Year profit forecast 6 Architectural Acoustic Consulting & media systems engineering - WSDG Company Rating indicates the Program(s) you can apply for as a Record Label. This template is divided into nine important sections, with prompts on what to include for each section in red and example text written in italics. Universal Music Publishing Group is the largest record label company in the world by 2018 revenue. Record companies (known as record labels because albums have a label indicating which company produced it) take on a lion's share of the work of the music industry. PRODUCTION. 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