Dance Music Business Resource

Signing artists only for recorded music revenue

"We're not going to continue signing artists for recorded music revenue only," Bronfman said during a conference call with Wall Street analysts.

What I keep saying to all of my indie label friends : Indie labels also have to give up on just being labels. It doesn't work. The artists (especially more successful DJs) are making lots of touring money, but they never consider sharing that with the label.

So the only model that is working is that where the owner of the label IS the DJ. But that person still considers it necessary that the label break even on its own account.