Record labels

I am already used to people setting up a record label/management company/booking agency etc without having any idea how to run a business and what is even worse no idea how the music biz works or still living in the “old days” and refuse to learn (new things).

Recently I have come across this, let's call it, “statement”.

Anyone looking to be signed to a […] record label. We will help all our artists with their EP and album sales […].

“Help artists with their EP and album sales” … That is your job as a label! That is why you take a large percentage of the record sales of each artist you have signed to your label.

Panos Panay (Sonicbids) says:

“

If you don’t invest in understanding the business component of your craft, you don’t deserve to call yourself a professional.

“ *

The end.

*Schwartz, Daylle Deanna (2010-10-20). Start and Run Your Own Record Label, Third Edition (Start & Run Your Own Record Label) (Kindle Location 1413). Crown Publishing Group. Kindle Edition.