What is a Record label?
A record label is a brand of music recordings and music videos, or t brand or trademarked company that owns it. They promote recorded music and corresponding videos. A record label does the following, recruitment of new artist and development, music publishing, copyright enforcement.
How much do you need to start a record label in South Africa?
Thinking of starting a record label in South Africa? Here is what you need to know, record label business involves a lot of things, to start up a record label you need to have between R3, 459.62 to R864, 905.00.
How do record labels find artists?
Record labels nowadays are typically only interested in signing artists who already have a large following or are gaining traction on social media. Record labels mostly scouts for artist, who have a strong online presence. They only want to invest money and resources into artists who have already invested time and effort into themselves.
How do a record label make money in South Africa?
In South Africa , Most times record labels make money on sales, touring, merchandise, anything they could sell that has the bands’ or artist’s name on it. Most of them split their earnings with the artists they promote. They may also receive public performance royalties, digital royalties and so on
What does it mean to be signed into a record label?
Limited creative control: Signing with a record label gives them control over your music. The label can make deals and decisions with your music without your approval. They also have full control over distribution, marketing, artwork, messaging, and more
Why do artists need a record label in South Africa?
Just a simple analogy here, every canoe need to be paddled by a driver with skills and experience, for it to navigate. So, also is the case of an artist. Record label make your personal workload lighter. If you’re leveling out with the amount you can personally do to forward your music career, a record label could be a handful. For any upcoming artist to get big, they can’t do everything on their own!
Can you start a record label with no money?
The number one requirement for a record label, is the networking ability or presence. You don’t necessarily need any capital to start a small independent record label. In fact, you can establish a label with no money by naming it and creating a social media presence. Once you start working with artists, you can seek an investor to get funding for your business venture.
How much it cost to license a record label is South Africa?
In South Africa, It cost about 175 ZAR to register a company with CIPC.As record label is classified as a business because you are in the business of selling your art which is music in your case.
How do I register an independent record label in South Africa?
In South Africa, you have to register with the relevant statutory entities including SARS, SAMRO and other relevant institutions. You must have a passion and a vision; your passion will sustain you. Regulate the business relationship by signing agreements prior to doing work.
