Music Business Producer | music industry, record companies, attorneys, managers, producer info

  • Articles/Interviews
  • Contact
MenuClose

Uncategorized

How Record Companies Make Money

Record companies make money by selling recordings. It is a high-risk business. According to the Recording Industry Association of America (RIAA), approximately 90% of the records that are released by major recording labels fail to make a profit. Independent labels have to be more careful in their choices and in their allocation of expenses because they do not have the resources to cover many failures. However, they can make and promote records for far lower costs than major labels and be profitable with far fewer sales. The budgets for making and selling recordings are tied to what labels estimate they...

Read Full Article

Categories

  • Articles/Interviews
  • Uncategorized

Recent Posts

  • At What Point Should I Get a Manager?
  • Do I Need a Manager?
  • Do I Need a Music Producer?
  • How Record Companies Make Money
  • Learning Where the Money Comes From part 1

Music Business Producer

© 2023 Music Business Producer. All Rights Reserved.

  • Articles/Interviews
  • Contact

Website Design & Development by Guido Media