Mbu 1110 fall 2017 record companies_-_eg[1]
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Independent labels collectively had a larger market share than major labels in 2016-2017. Major labels collectively hold 68% of the music market, with Universal Music Group having just under 30%. The RIAA certifies album sales levels such as gold (500,000 units), platinum (1 million units), and diamond (10 million units) based on sales in the United States. While an artist may earn $445,500 for a gold album at first, labels typically hold 35-50% of royalties in reserve against returns, so the first statement would show closer to $140,438.75.
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Mbu 1110 fall 2017 record companies_-_eg
The document discusses royalty calculations for artists based on album sales certifications from the RIAA. It provides details on what constitutes gold, platinum, and diamond album statuses in the US and other countries. For a gold album selling 500,000 units at $9 wholesale price, the artist would earn a royalty of $170,250 before taxes, though the label typically holds back a portion of royalties as a reserve against returns.
Music Industry
The document discusses the music industry, including record labels and their control over the market. It notes there are over 3000 labels in the US, releasing 30,000 new titles per year. It then describes the major record labels - Universal, Sony, Warner, and the now dissolved EMI - which control around 75% of the global music market. The document outlines some prominent artists signed to each major label. It also discusses independent labels and provides some examples of influential indie labels in both the UK and US. Finally, it considers some of the issues in the modern music industry like high CD costs and how much money goes to artists versus marketing.
Record label
The document discusses various record labels including independent labels like 4AD and Matador Records as well as major labels like Universal Music Group, Atlantic Records, and Virgin EMI Records. It then describes why the group chose Atlantic Records as the label for their hypothetical artist "Jack Avery" based on its roster of artists like Ed Sheeran and Charlie Puth that have achieved star status with an "indie" image and reach the target 16-26 age and gender demographics.
Major vs indie complete
Major labels such as Sony Music Entertainment own the majority of the global music market. They have significant financial resources that allow them to widely distribute, market, and sign new talent. However, major labels have a long corporate approval process. Independent labels like Roughtrade lack the distribution abilities of major labels but have more flexibility in their operations. They can be more creative in finding and developing new artists as well as adopting new media technologies. Roughtrade was founded in 1976 and helped launch the careers of influential punk bands in the late 1970s. It is now part of the Beggars Group and continues to specialize in genres like punk, indie pop, and post-punk.
Music industry 2017
The music industry is dominated by a small number of major record labels that control around 75-90% of the global market. These major labels, which include Universal, Sony, and Warner Music Group, have thousands of labels and release over 30,000 new albums per year. Independent labels provide an alternative to the major labels and have helped launch the careers of many popular artists. However, independent labels face financial challenges in promoting and distributing their music compared to the major labels. The future of the music industry remains uncertain as digital technologies continue to disrupt traditional business models.
Music industry 2015
The music industry is dominated by a small number of major record labels that control around 75% of the global music market. These major labels - Universal, Sony, and Warner - sign and develop artists, market and promote their music, and enforce copyright protections. While the major labels have significant financial resources, independent labels play an important role in developing new artists and genres but often struggle due to limited budgets. The future of the industry remains uncertain as digital technologies continue to disrupt traditional business models.
Record label research
The artist will be signed to Big Machine Records, a Nashville-based independent record label specializing in country music artists. As a sub-label of Universal Music Group, Big Machine will provide distribution support while allowing more creative freedom as an independent label. This label has successfully helped launch the career of Taylor Swift, who has a similar genre and sound to the artist. Major labels like Universal Music Group were considered but rejected due to less independence for a new artist.
Existing Music Labels
This document discusses different music labels and provides information about Hollywood Records, Fascination Records, and Island Records. Hollywood Records is a Disney Music Group label that focuses on pop, rock, and teen pop genres and has artists such as Queen, Plain White T's, and Breaking Benjamin on its roster. Fascination Records is a Universal Music Group imprint of Polydor Records based in the UK that focuses on a small number of pop acts like Girls Aloud, Cheryl Cole, and Sophie Ellis-Bextor. Island Records was founded in Jamaica and is now owned by Universal Music Group, recording over 100 artists including Akon, Tinchy Stryder, Jennifer Lopez, Jay Sean, and The Saturdays.
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Mbu 1110 fall 2017 record companies_-_eg
The document discusses royalty calculations for artists based on album sales certifications from the RIAA. It provides details on what constitutes gold, platinum, and diamond album statuses in the US and other countries. For a gold album selling 500,000 units at $9 wholesale price, the artist would earn a royalty of $170,250 before taxes, though the label typically holds back a portion of royalties as a reserve against returns.
Music Industry
The document discusses the music industry, including record labels and their control over the market. It notes there are over 3000 labels in the US, releasing 30,000 new titles per year. It then describes the major record labels - Universal, Sony, Warner, and the now dissolved EMI - which control around 75% of the global music market. The document outlines some prominent artists signed to each major label. It also discusses independent labels and provides some examples of influential indie labels in both the UK and US. Finally, it considers some of the issues in the modern music industry like high CD costs and how much money goes to artists versus marketing.
Record label
The document discusses various record labels including independent labels like 4AD and Matador Records as well as major labels like Universal Music Group, Atlantic Records, and Virgin EMI Records. It then describes why the group chose Atlantic Records as the label for their hypothetical artist "Jack Avery" based on its roster of artists like Ed Sheeran and Charlie Puth that have achieved star status with an "indie" image and reach the target 16-26 age and gender demographics.
Major vs indie complete
Major labels such as Sony Music Entertainment own the majority of the global music market. They have significant financial resources that allow them to widely distribute, market, and sign new talent. However, major labels have a long corporate approval process. Independent labels like Roughtrade lack the distribution abilities of major labels but have more flexibility in their operations. They can be more creative in finding and developing new artists as well as adopting new media technologies. Roughtrade was founded in 1976 and helped launch the careers of influential punk bands in the late 1970s. It is now part of the Beggars Group and continues to specialize in genres like punk, indie pop, and post-punk.
Music industry 2017
The music industry is dominated by a small number of major record labels that control around 75-90% of the global market. These major labels, which include Universal, Sony, and Warner Music Group, have thousands of labels and release over 30,000 new albums per year. Independent labels provide an alternative to the major labels and have helped launch the careers of many popular artists. However, independent labels face financial challenges in promoting and distributing their music compared to the major labels. The future of the music industry remains uncertain as digital technologies continue to disrupt traditional business models.
Music industry 2015
The music industry is dominated by a small number of major record labels that control around 75% of the global music market. These major labels - Universal, Sony, and Warner - sign and develop artists, market and promote their music, and enforce copyright protections. While the major labels have significant financial resources, independent labels play an important role in developing new artists and genres but often struggle due to limited budgets. The future of the industry remains uncertain as digital technologies continue to disrupt traditional business models.
Record label research
The artist will be signed to Big Machine Records, a Nashville-based independent record label specializing in country music artists. As a sub-label of Universal Music Group, Big Machine will provide distribution support while allowing more creative freedom as an independent label. This label has successfully helped launch the career of Taylor Swift, who has a similar genre and sound to the artist. Major labels like Universal Music Group were considered but rejected due to less independence for a new artist.
Existing Music Labels
This document discusses different music labels and provides information about Hollywood Records, Fascination Records, and Island Records. Hollywood Records is a Disney Music Group label that focuses on pop, rock, and teen pop genres and has artists such as Queen, Plain White T's, and Breaking Benjamin on its roster. Fascination Records is a Universal Music Group imprint of Polydor Records based in the UK that focuses on a small number of pop acts like Girls Aloud, Cheryl Cole, and Sophie Ellis-Bextor. Island Records was founded in Jamaica and is now owned by Universal Music Group, recording over 100 artists including Akon, Tinchy Stryder, Jennifer Lopez, Jay Sean, and The Saturdays.
Antonio LA Reid
L.A. Reid has had a highly successful career as a musician, songwriter, record producer, and music executive. He has mentored and helped launch the careers of many top artists in the music industry. Reid co-founded LaFace Records in the 1980s which became very successful and helped turn Atlanta into a music industry hub. As the Chairman and CEO of various record labels, Reid has continued to identify new talent and help artists achieve commercial success, drawing from his extensive experience in the music business.
Record label research
Warner Music Group is a major record label founded in 1958 that represents artists across many genres such as Michael Buble and Trey Songz. XL Recordings, founded in 1989, also has a diverse roster including Vampire Weekend and Adele, releasing around 6 albums per year distributed through its partnership with Colombia Records. Both labels aim to support artists' long-term success while delivering high-quality music to consumers, differing primarily in Warner Music Group's larger size and independent distribution compared to XL Recordings' smaller output distributed through Colombia Records.
Music labels
The document discusses record labels and their role in the music industry. It defines a record label as a company that markets, distributes, and promotes music recordings and videos. The three largest record labels are Universal Music Group, Sony Music Entertainment, and Warner Music Group. Some smaller, niche labels discussed are 4AD, Captured Tracks, and Constellation Records.
Xl recordings analysis
XL Recordings is a British independent record label that releases no more than 6 albums per year across multiple genres, including pop. The label has found success with artists such as Adele, Radiohead, and Dizzee Rascal. For an up-and-coming British pop artist looking for an experimental label with experience in edgier artists, XL Recordings could be a good option due to its origins in dance music and locations in London and New York.
Major and minor record labels
Top Dawg Entertainment is an independent hip hop record label founded in 2004 that signs artists like Kendrick Lamar, Jay Rock, and SZA. Universal Music Group is one of the "Big Three" major record labels worth $17 billion that signs mainstream artists like The 1975, Madonna, and Drake. While major labels have greater resources to market artists, minor labels like TDE provide more support over the long-term to help build an artist's career.
Institutional research
The document discusses three record labels: Syco Music, Virgin EMI Records, and Fueled By Ramen. Syco Music, owned by Simon Cowell, has found success with artists from shows like The X Factor and Britain's Got Talent. Virgin EMI Records is a large label focused mainly on pop artists. Fueled By Ramen specializes in punk-inspired rock/pop bands and could provide experience promoting an indie rock group, but has many existing artists signed.
9 xl recordings case study
XL Recordings is a British independent record label founded in 1989 that has grown to be one of the most influential and diverse independent labels. It began as a label for acid house and dance music but later signed influential artists across many genres like The Prodigy, Radiohead, Dizzee Rascal, and Adele. Radiohead in particular felt greater freedom on XL to experiment musically and with their marketing strategies. Today, XL continues to sign diverse new artists and uses social media like Tumblr to help artists engage with fans while maintaining a focus on creative freedom rather than business pressures faced by major labels.
Media pp
Record companies exist to market and distribute music recordings and videos for a profit. They scout and develop new artists, manage their careers, produce and distribute their music, and protect copyrights. Major record labels are large international companies that own 75% of the music market. They have more resources than independent labels but also exert more control over artists. Independent labels have limited staff and release non-mainstream music. The four largest record labels that control the mainstream market are Sony BMG, Universal Music Group, Warner Music Group, and their subsidiary labels.
Xl recordings
XL Recordings was founded in 1989 by Richard Russell, Tim Palmer, and Nick Halkes to release rave and dance music. Originally an offshoot of Beggars Banquet, it later expanded its genres after signing The Prodigy. XL aims to break new artists and works independently, releasing around six albums per year with an "anti-business" philosophy that gives artists control and views projects from their perspective.
Micro structure 3 labels
The document discusses the three major record labels: Universal Music Group, Sony Music, and Warner Music Group. It provides details on each label's parent company, market share, notable subsidiary labels, genres of music represented, and some of the major artists signed to each. Universal Music Group has the largest market share at 37% and represents artists like Drake, Demi Lovato, and Eminem across many genres. Sony Music's parent is Sony Corporation of America and it has a 34% market share, representing artists such as Adele and Daddy Yankee across genres like country, gospel, and dance. Warner Music Group has a 19% market share and is owned by Access Industries, representing artists like Bruno Mars, Cher, and Michael
Atlantic records research
Warner Music Group is one of the top three most successful recording labels and publishing companies. It is home to artists like Wiz Khalifa, B.O.B., T.I., Trey Songz, Simple Plan, and Diggy who help the label stay fresh and innovative as they reinvent their music. Although the music industry has struggled with piracy issues, Warner Music Group and Universal Music Group remain highly successful. Universal Music Group is the largest record company and is home to major artists like Jay-Z, Kanye West, Mary J Blige, Lady Gaga, and Mariah Carey who often top the music charts. Atlantic Records, a subsidiary of Warner Music Group, was founded in 1947 and grew from
Ovo sound
OVO Sound is a record label founded in 2012 by Drake, Oliver El-Khatib, and Noah "40" Shebib based in Toronto. The label traces its roots back to 2006 when Drake released his first mixtape under the label "All Things Fresh". Drake prominently featured OVO in his music to raise the profile of the label. In 2012, Drake officially founded OVO Sound with "40" and signed a partnership deal with Warner Bros Records to distribute the label's artists, while Drake remained signed to Cash Money/Republic. Current artists signed to OVO include PARTYNEXTDOOR, OB O'Brien, Majid Jordan, Roy Woods, dvsn, Plaza, and Baka.
Record labels
A record label is responsible for marketing, distributing, and profiting from an artist's music and videos. They provide funding for video production and promotion in exchange for a percentage of profits. Major labels like Sony Music Entertainment have large budgets to widely promote videos, while independent labels have smaller budgets and niche audiences. Sony Music Entertainment owns artists like Michael Jackson and Justin Timberlake, using its budget to fund high production value videos that promote both the music and partner projects.
Music Industry
The music industry is dominated by major record labels that control around 75% of the global music market. These major labels include Universal, Sony, and Warner Music Group. There are also thousands of independent labels that play a smaller role in the market. The future of the industry is uncertain as technology and streaming continue to change how music is consumed and monetized.
Investing in music 2016
I dati internazionali sugli investimenti ed i contributi che l’industria discografica dedica allo sviluppo di progetti musicali. La discografia è il maggior investitore musicale, con importi di oltre $4.5 miliardi destinati all’A&R e marketing nel solo 2015.
Survey passman chap_9_fa13
The document discusses certification levels for album sales in the US music industry. It achieves gold status at 500,000 units sold, platinum at 1 million units. Royalty rates typically range from 13-20% of wholesale price, depending on the artist's level. Royalties are calculated based on wholesale price minus free goods and recoupable costs like recording and promotion. For a new artist with a gold album selling 500,000 units at a 14% royalty rate, they would earn around $170,000, though labels typically hold back a portion of royalties.
riaanewrules
The Recording Industry Association of America (RIAA) has adopted a new methodology for their Gold & Platinum program to account for streaming and track sales. Effective February 1, 2016, the RIAA will factor streaming and track sales into album awards, with 1,500 on-demand audio streams or 150 on-demand video streams equal to one album sale. This change modernizes the awards to reflect how audiences now consume music digitally rather than buying physical copies. While some artists like Big Sean have expressed joy over receiving platinum status under the new system, others like Kendrick Lamar's label CEO are unhappy, preferring the previous requirement of one million physical albums sold to achieve platinum status.
Money Making Machines: Old and New
Success and innovation in difficult times IS possible -- as is fun and learning. This presentation profiles unconventional business models and leaders succeeding in the New World.
Music Recording Industry
The music recording industry has undergone significant changes since the 1850s with the development of recording technologies. By the early 20th century, the industry was dominated by a few major companies like Edison, Columbia, and Victor. Rock music in the 1950s brought more competition. Today, the global industry is worth $40 billion annually and is controlled by just a few major corporations like Universal Music Group, Sony/BMG, Warner Music, and EMI, which control the majority of charted albums and global market share. Top earning artists of all time include Elvis Presley, The Beatles, Michael Jackson, Abba, and Queen.
Major Record Labels
The music industry is dominated by three major record labels known as the "BIG 3": Sony, Universal, and Warner. Sony had a revenue of $4.89 billion in 2014 and is owned by Sony Corporation of America. Universal had a revenue of $6.5 billion in 2013 and is headquartered in Santa Monica, California. Warner had a revenue of $2.87 billion and is headquartered in New York City. Each label has several subsidiary labels and thousands of artists under contract.
Fans.Brands.And the Music Industry
The document discusses various ways that fans engage with and support music artists. It provides examples of Radiohead earning $20 million from a "pay what you want" album release where most fans paid little or nothing. It also describes how Amanda Palmer earned $19,000 from a Twitter campaign where she sold t-shirts and held an auction and donation-only concert. Additionally, it notes that Korean fan clubs now do charitable donations to support artists. The document advocates exploring how brands could sponsor free, ad-backed music streaming to leverage fans' love of artists.
Independent Music Labels
Domino Records is an independent record label founded in London in 1993. The label gained mainstream success in the early 2000s through bands like Franz Ferdinand and Arctic Monkeys, scoring #1 albums in the UK. While achieving commercial success, Domino has maintained independence by retaining UK rights to these bands. In addition to mainstream indie rock on the main label, Domino's subsidiary Geographic Records releases more experimental music like world music and jazz. Overall, Domino has demonstrated that independent labels can find large audiences while preserving their independent ethos.
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Antonio LA Reid
L.A. Reid has had a highly successful career as a musician, songwriter, record producer, and music executive. He has mentored and helped launch the careers of many top artists in the music industry. Reid co-founded LaFace Records in the 1980s which became very successful and helped turn Atlanta into a music industry hub. As the Chairman and CEO of various record labels, Reid has continued to identify new talent and help artists achieve commercial success, drawing from his extensive experience in the music business.
Record label research
Warner Music Group is a major record label founded in 1958 that represents artists across many genres such as Michael Buble and Trey Songz. XL Recordings, founded in 1989, also has a diverse roster including Vampire Weekend and Adele, releasing around 6 albums per year distributed through its partnership with Colombia Records. Both labels aim to support artists' long-term success while delivering high-quality music to consumers, differing primarily in Warner Music Group's larger size and independent distribution compared to XL Recordings' smaller output distributed through Colombia Records.
Music labels
The document discusses record labels and their role in the music industry. It defines a record label as a company that markets, distributes, and promotes music recordings and videos. The three largest record labels are Universal Music Group, Sony Music Entertainment, and Warner Music Group. Some smaller, niche labels discussed are 4AD, Captured Tracks, and Constellation Records.
Xl recordings analysis
XL Recordings is a British independent record label that releases no more than 6 albums per year across multiple genres, including pop. The label has found success with artists such as Adele, Radiohead, and Dizzee Rascal. For an up-and-coming British pop artist looking for an experimental label with experience in edgier artists, XL Recordings could be a good option due to its origins in dance music and locations in London and New York.
Major and minor record labels
Top Dawg Entertainment is an independent hip hop record label founded in 2004 that signs artists like Kendrick Lamar, Jay Rock, and SZA. Universal Music Group is one of the "Big Three" major record labels worth $17 billion that signs mainstream artists like The 1975, Madonna, and Drake. While major labels have greater resources to market artists, minor labels like TDE provide more support over the long-term to help build an artist's career.
Institutional research
The document discusses three record labels: Syco Music, Virgin EMI Records, and Fueled By Ramen. Syco Music, owned by Simon Cowell, has found success with artists from shows like The X Factor and Britain's Got Talent. Virgin EMI Records is a large label focused mainly on pop artists. Fueled By Ramen specializes in punk-inspired rock/pop bands and could provide experience promoting an indie rock group, but has many existing artists signed.
9 xl recordings case study
XL Recordings is a British independent record label founded in 1989 that has grown to be one of the most influential and diverse independent labels. It began as a label for acid house and dance music but later signed influential artists across many genres like The Prodigy, Radiohead, Dizzee Rascal, and Adele. Radiohead in particular felt greater freedom on XL to experiment musically and with their marketing strategies. Today, XL continues to sign diverse new artists and uses social media like Tumblr to help artists engage with fans while maintaining a focus on creative freedom rather than business pressures faced by major labels.
Media pp
Record companies exist to market and distribute music recordings and videos for a profit. They scout and develop new artists, manage their careers, produce and distribute their music, and protect copyrights. Major record labels are large international companies that own 75% of the music market. They have more resources than independent labels but also exert more control over artists. Independent labels have limited staff and release non-mainstream music. The four largest record labels that control the mainstream market are Sony BMG, Universal Music Group, Warner Music Group, and their subsidiary labels.
Xl recordings
XL Recordings was founded in 1989 by Richard Russell, Tim Palmer, and Nick Halkes to release rave and dance music. Originally an offshoot of Beggars Banquet, it later expanded its genres after signing The Prodigy. XL aims to break new artists and works independently, releasing around six albums per year with an "anti-business" philosophy that gives artists control and views projects from their perspective.
Micro structure 3 labels
The document discusses the three major record labels: Universal Music Group, Sony Music, and Warner Music Group. It provides details on each label's parent company, market share, notable subsidiary labels, genres of music represented, and some of the major artists signed to each. Universal Music Group has the largest market share at 37% and represents artists like Drake, Demi Lovato, and Eminem across many genres. Sony Music's parent is Sony Corporation of America and it has a 34% market share, representing artists such as Adele and Daddy Yankee across genres like country, gospel, and dance. Warner Music Group has a 19% market share and is owned by Access Industries, representing artists like Bruno Mars, Cher, and Michael
Atlantic records research
Warner Music Group is one of the top three most successful recording labels and publishing companies. It is home to artists like Wiz Khalifa, B.O.B., T.I., Trey Songz, Simple Plan, and Diggy who help the label stay fresh and innovative as they reinvent their music. Although the music industry has struggled with piracy issues, Warner Music Group and Universal Music Group remain highly successful. Universal Music Group is the largest record company and is home to major artists like Jay-Z, Kanye West, Mary J Blige, Lady Gaga, and Mariah Carey who often top the music charts. Atlantic Records, a subsidiary of Warner Music Group, was founded in 1947 and grew from
Ovo sound
OVO Sound is a record label founded in 2012 by Drake, Oliver El-Khatib, and Noah "40" Shebib based in Toronto. The label traces its roots back to 2006 when Drake released his first mixtape under the label "All Things Fresh". Drake prominently featured OVO in his music to raise the profile of the label. In 2012, Drake officially founded OVO Sound with "40" and signed a partnership deal with Warner Bros Records to distribute the label's artists, while Drake remained signed to Cash Money/Republic. Current artists signed to OVO include PARTYNEXTDOOR, OB O'Brien, Majid Jordan, Roy Woods, dvsn, Plaza, and Baka.
Record labels
A record label is responsible for marketing, distributing, and profiting from an artist's music and videos. They provide funding for video production and promotion in exchange for a percentage of profits. Major labels like Sony Music Entertainment have large budgets to widely promote videos, while independent labels have smaller budgets and niche audiences. Sony Music Entertainment owns artists like Michael Jackson and Justin Timberlake, using its budget to fund high production value videos that promote both the music and partner projects.
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The music industry is dominated by major record labels that control around 75% of the global music market. These major labels include Universal, Sony, and Warner Music Group. There are also thousands of independent labels that play a smaller role in the market. The future of the industry is uncertain as technology and streaming continue to change how music is consumed and monetized.
Investing in music 2016
I dati internazionali sugli investimenti ed i contributi che l’industria discografica dedica allo sviluppo di progetti musicali. La discografia è il maggior investitore musicale, con importi di oltre $4.5 miliardi destinati all’A&R e marketing nel solo 2015.
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The document discusses certification levels for album sales in the US music industry. It achieves gold status at 500,000 units sold, platinum at 1 million units. Royalty rates typically range from 13-20% of wholesale price, depending on the artist's level. Royalties are calculated based on wholesale price minus free goods and recoupable costs like recording and promotion. For a new artist with a gold album selling 500,000 units at a 14% royalty rate, they would earn around $170,000, though labels typically hold back a portion of royalties.
riaanewrules
The Recording Industry Association of America (RIAA) has adopted a new methodology for their Gold & Platinum program to account for streaming and track sales. Effective February 1, 2016, the RIAA will factor streaming and track sales into album awards, with 1,500 on-demand audio streams or 150 on-demand video streams equal to one album sale. This change modernizes the awards to reflect how audiences now consume music digitally rather than buying physical copies. While some artists like Big Sean have expressed joy over receiving platinum status under the new system, others like Kendrick Lamar's label CEO are unhappy, preferring the previous requirement of one million physical albums sold to achieve platinum status.
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The music recording industry has undergone significant changes since the 1850s with the development of recording technologies. By the early 20th century, the industry was dominated by a few major companies like Edison, Columbia, and Victor. Rock music in the 1950s brought more competition. Today, the global industry is worth $40 billion annually and is controlled by just a few major corporations like Universal Music Group, Sony/BMG, Warner Music, and EMI, which control the majority of charted albums and global market share. Top earning artists of all time include Elvis Presley, The Beatles, Michael Jackson, Abba, and Queen.
Major Record Labels
The music industry is dominated by three major record labels known as the "BIG 3": Sony, Universal, and Warner. Sony had a revenue of $4.89 billion in 2014 and is owned by Sony Corporation of America. Universal had a revenue of $6.5 billion in 2013 and is headquartered in Santa Monica, California. Warner had a revenue of $2.87 billion and is headquartered in New York City. Each label has several subsidiary labels and thousands of artists under contract.
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The document discusses various ways that fans engage with and support music artists. It provides examples of Radiohead earning $20 million from a "pay what you want" album release where most fans paid little or nothing. It also describes how Amanda Palmer earned $19,000 from a Twitter campaign where she sold t-shirts and held an auction and donation-only concert. Additionally, it notes that Korean fan clubs now do charitable donations to support artists. The document advocates exploring how brands could sponsor free, ad-backed music streaming to leverage fans' love of artists.
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Domino Records is an independent record label founded in London in 1993. The label gained mainstream success in the early 2000s through bands like Franz Ferdinand and Arctic Monkeys, scoring #1 albums in the UK. While achieving commercial success, Domino has maintained independence by retaining UK rights to these bands. In addition to mainstream indie rock on the main label, Domino's subsidiary Geographic Records releases more experimental music like world music and jazz. Overall, Domino has demonstrated that independent labels can find large audiences while preserving their independent ethos.
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Mbu 1110 fall 2017 record companies_-_eg[1]
- 7. Record Labels Indie vs. Major In 2016 and 2017 Independent Labels collectively had a larger market share than the majors
- 8. Record Labels Indie vs. Major – Major Labels have 68% Share of the market. Indies collectively have a larger market share than any major.
- 9. UMG now has just under 30% market
- 38. RIAA (Recording Industry Association of America); industry group made up of record companies, The RIAA also Certifies album sales figures Gold album – U.S. sales in excess of 500,000 units Platinum album – over 1 million U.S. sales Multiple million sales certified as “double platinum”, “triple platinum”, etc. Diamond album – over 10 million U.S. units Other countries have different levels. *Canada gold = was 50,000 units, now 40,000 after 2000, Platinum = 80,000 ** Malaysia gold = 7,500 units, Platinum = 15,000 units The RIAA (Recording Industry Association of America)
- 39. Royalty Calculation How much money will an artist make on a gold album? $500,000? $1 million? Let’s see… Assuming the following: Artist has 14 points Producer gets 3 points Recording costs: $150,000 Tour support: $50,000 Independent promotion: $100,000 (50% recoupable) Video costs: $100,000 (50% recoupable)
- 40. Royalty Calculation Wholesale price $9.00 Royalty @ 11% (14% ‘all-in’ -3% producer) .99 X 500,000 units $ 495,000 Minus 10% free goods on 50% - 24,750 $445,500 Minus recording costs -150,000 Minus 50% indie promo -50,000 Minus 50% video costs -50,000 Minus tour support -50,000 Total $170,250
- 41. Royalty Calculation Now, the artist doesn’t get a check for this all at once. Labels hold royalties in reserve against returns of the physical copies of the album of between 35% and 50% First statement would probably look more like $140,438.75 (35% held from 50% physical sales) What if the artist got a $150,000 advance?