Indie label business plan

independent musician business plan pdf

In addition to canvassing radio stations, independent record promoters will also devote substantial time securing airplay for music videos. The trend in the music industry is that most recording label companies are now leveraging on the internet to spread their tentacles and increase their revenues; they know that it pays not to concentrate only in the U.

The business intends to provide all of the services needed to record, master, and distribute its proprietary music library. After the tour the band broke up and Hillary enrolled into law school.

music business plan template free download

To support this month-long regional tour, Hillary and the band started their own record label to release a studio CD for themselves. Hood Records. Combined, these artists have sold overunits in the past three years.

Sign at least five groups within the first three years. You have already seen a small sample of… This section helps you define the general purpose of your music company, stating the main reasons it is in business, while it also serves as a reminder to the public and the employees within your company what you and the founders envision.

We will ensure that we give all artists under our label good value for their money, time and talent; these are part of what will count as a competitive advantage for us.

Distribution Reed Music will utilize its distribution network to allow for the distribution of projects for smaller, independent record labels. Networks of producers are available to REC for the specific genre of music.

record label business plan 2018

Your strengths could include the following and reputation of your artists or access to studios and influential contacts, while weaknesses could include a current lack of funding.

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(PDF) Record Label Business Plan Sample