512250 - Record Production and Distribution This industry comprises establishments primarily engaged in record production (e.g., tapes, CDs) and/or releasing, promoting, and distributing sound recordings to wholesalers, retailers, or directly to the public.
Your Music Recording Contract should cover details like: Compensation and royalties. Where and when the album will be recorded. The album's release date. Who has creative control over specific elements of the album. The termination clause. The exclusive agreement clause. Dispute resolution. Promotional appearances.
Whether a record label needs an LLC depends on its size, goals, and risk tolerance. While not mandatory, an LLC offers personal liability protection for owners, enhances credibility, and provides a clear legal structure. Smaller labels may consider budget constraints, annual fees and risk exposure before deciding.
It outlines the terms and conditions of the artist's recording and distribution of music. This contract specifies the rights and responsibilities of both parties, including details about the production, promotion, and financial aspects of the music released under the label.
If you want to run your record label as a business entity, then the best is to go for a limited liability company or a corporation. LLCs have the same legal protection as corporations, but fewer formalities to fulfill when it comes to administrative requirements.
Ultimately, your label and publishing entities should be LLCs (your PRO publishing designee is just a DBA, not a distinct legal entity from yourself), and you should have a touring corporation for your live performances, since that's where the biggest risk is.
5 Tips for Getting a Record Deal Tip 1. Make music that you love so much you want to sing it at the top of your lungs from an arena stage. Tip 2. Be your authentic self! ... Tip 3. Share your music through whatever means you can. Tip 4. Build your team when it feels right. Tip 5. Never give up!
There are different kinds of structures, but most record label owners choose a sole proprietorship or limited liability company (LLC), while some choose a corporation. The main difference between an LLC and a sole proprietorship is that an LLC gives liability protection.
GETTING SIGNED TO A MAJOR LABEL We're talking between 20-100k followers. Many artists end up hiring social media management to get this done so they can stay focused on the music.
How to get signed by a record label Define your sound. Build your online presence. Release high-quality music. Develop your industry network. Submit your music. Music managers and music lawyers.