Signing artists only for recorded music revenue

1 December 2007

"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. http://ap.google.com/article/ALeqM5iIRVdKLd-jndL-D27LlKE9M4NzjAD8T7EQ880

1 Carmen says...

Like im doing this research paper on legalizing pot.
And i love the information that u have given me! Thank you!
Posted at 5:44 a.m. on April 15, 2009
2 Carmen says...

Like im doing this research paper on legalizing pot.
And i love the information that u have given me! Thank you!
Posted at 5:50 a.m. on April 24, 2009
3 Tony says...

So now that CD sales are dropping exponentially, and labels can no longer reap the lion's share of THOSE profits, owners and executives want artists to share in their only true source of income: TOURING? Insanity. As if taking part (if not all) of their publishing rights when the deal was signed wasn't enough? And you wonder why more artists and DJs eventually went their own way.
Posted at 6:17 p.m. on July 15, 2009

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