What does it take to set up a record label?

[Niyi Briggs]

I see people making money from owning record labels? I keep wondering what it takes to own a record label. What do I need to keep in place to successfully start a record label?

 

[gammarays]

I think you may need a music studio but the most important is to sight talent artist and manage them effectively. It's rewarding ic your artists become successful.

 

[Shavkat]

There are some renowned record companies that do this. They only shell out money for those who are famous singers.

 

[gammarays]

There are some renowned record companies that do this. They only shell out money for those who are famous singers.

Yes the success of every record label depends on the singers. Some prefer to go for unknown singers that will later get popular. Others prefer already popular singers.

 

[cherry123]

Artist management is a big one now think yoi need a recording or music studio to use for the artist's. you need to be able to manage them effectively. It's rewarding for the artists

 

[IB D]

A standard recording studio is needed. That's because it would be expensive to pay for studio sessions for some song that need to be worked on for like 3 months.

 

[cherry123]

The records label.must have good tools that the artists can use to do better with the craft it is not just about signing them up on contracts but being able to manage them properly

 

[IB D]

They must also have an understanding of the music market. They should be the ones to tell the artiste what kind of song to sing that would do well in the market.

 

[Bisolami]

I think you may need a music studio but the most important is to sight talent artist and manage them effectively. It's rewarding ic your artists become successful.

You do not really need to have a studio but you need to make sure that you are well connected and you have enough money to pay the people that you have employed

 

[Niyi Briggs]

A studio session now is 50k and you can't use one session to make beats, record, do backup, mix. An average song requires 4 studio sessions. No record label can handle that kind of expenses. That's why they have their own studios.

 

[eldavis]

Building a studio for your record label is one thing, then finding a talented artist is another. To invest in this kind of business would definitely cost you a lot though.

 

[Elendu]

As a matter of fact having a good record label must build relationships with other industry players, such as radio stations, music venues, and promoters, can be better positioned to promote and distribute its music.

 

[cherry123]

They need to be on top of the game by telling the artist the kind of song to singThey must also have an understanding of the music market to excel

 

[IB D]

To set up a record label, you must register with the corporate affairs comisson. Then, you would set out on building a brand and signing artists.

 

[cherry123]

Yes having a record label needs one to register with the different corporate affairs comissons and have the different licences that ight be required Then, you would set out to groom the artist's

 

[Niyi Briggs]

It is not an easy business. You have to invest money with no assurance of returns. But if it hits, it is always mega millions.

 

[Yohanna]

You will need to buy expensive equipment for the studio but I don't know the exact amount that it's going to cost.