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Billion Dollar Betrayal: Record Labels' Dark Side Exposed!

3 Streams
Hotney
5
Published on 10/19/23 / In Shows

Dive deep into the Dark Side of the music industry and discover why many artists find themselves struggling financially, despite having major label deals. This video breaks down the financial mechanics behind record labels and the challenges faced by artists trying to make a living from their music. We delve into topics like the 90-day income period, revenue allocation, advances, and the pitfalls of chasing that shiny advance from major labels. Whether you're an aspiring artist or just curious about the music business, this video provides valuable insights into the often misunderstood financial aspects of the industry. Learn why it might be beneficial to stay independent and how to navigate the financial labyrinth of the music world.

00:00 - Let’s talk!
01:24 - Income Time Period is 90-Days
02:09 - Revenue Allocation: Debt to Income Ratio
04:16 - Advances
05:16 - Momentum
07:09 - Quick Recoup Budget Structures Never Work for Major Labels
09:13 - When do I start getting royalties?
09:32 - When can I get the next advance?
10:08 - I could just do the shows to make up the difference right?
11:33 - Here’s what I suggest
11:52 - This is what you want to utilize
13:05 - Pacing your growth Independently
13:30 - Rushing to get the advance
14:22 - All in all…


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