D.I.Y.

Do You Really Want A Major Label Deal?

This guest post comes from Robin Davey, a musician, artist and Head of Music and Film Development at GROWVision Media.

image from www.google.com A recent survey suggested that 75% of artists are still chasing that ever-elusive major deal. This shows the credulity of bands, rather than the shimmering prospects that a major can offer.

At this stage of my career I have signed to two major labels and a bevy of independents, and I can tell you this from experience – you are a long way from “making it” at the time of inking a deal. Even when the advances used to be respectable, it would only set you up for a few months at best. After that you better be earning money independently of the record label, because it’s a long wait until that next advance is available.

When you take into account the cost of recording an album, paying a producer, giving your manager 20%, and splitting what remains of the advance between your band members, you can kiss goodbye those aspirations of putting an Escalade in the drive way. In fact you will be lucky to be able to afford to fix the oil leak in your Ford Focus.

The 360 deal further exemplifies this notion. If the majors take a piece of everything, the artist loses an even bigger portion of their lifeline when it comes to everyday survival.

A CATCH 22 SITUATION

In the current climate, the only way you will gain any major label attention is if you are already achieving a level of independent success. This is the catch 22 that the 75% of bands – who are still eager to pursue the major route – just don’t get.

If you already have independent success, why would you want to go to a major?

This is also what is weighing down the majors; they can no longer take the risk of signing every act with potential, and they cannot offer a lucrative incentive for those who are already proving themselves in the independent market.

With services like Topspin and Bandcamp, it is now easy to sell direct to your fan base. High visibility in the marketplace and accessibility to new followers are also far more obtainable without the need of industry muscle. As a result you have the prospect of earning substantially more independently, than the royalties filtered down through the corporate system.

It is the quandary of the industry which has deepened the us and them divide between musicians and labels. But this is really only the majors problem. Because they are the ones with plummeting profits, and it is the independent musician who is gaining a foothold.

INDEPENDENCE DAY

The independent mentality is to do everything in house in order to keep costs down and productivity up. The corporate mentality has always been to get outside entities to do the job when needed. Although the majors would have departments to handle tasks like promotion, design and radio, it seemed they were only there to fulfill contractual obligations for the artists that did not show the prospects of real success. Any manager with experience would negotiate the use of an outside company to initiate a prolonged campaign, as opposed to the week or so the in-house department could dedicate to individual releases.

I do see the latest job hiring at major labels reflecting a more independent mindset. They are on the look out for multimedia creators to handle a plethora of tasks, and this is certainly a step in the right direction. However, if they want to survive they don’t need to be tentative about this, they need to be bold, because it is the boldness of independent bands that is winning the day. Musicians who unabashedly embrace new ideas, and create innovative and accessible content are making the break through. As yet this is something that the majors haven’t been able to compete with, or indeed, fully comprehend.

NO EASY ROUTE

So aspiring bands and artists, I am afraid there is no easy route, the majors will certainly not provide it, and they never did. It comes down to hard work and offering up something different and innovative. And when the majors do come knocking, you will realize that the 25% who were not interested, are probably the ones who can actually pay their rent.

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14 Comments

  1. I do see the latest job hiring at major labels reflecting a more independent mindset. They are on the look out for multimedia creators to handle a plethora of tasks, and this is certainly a step in the right direction.
    I’ve seen this recently, too. A recent Nettwerk job posting specifically required an “indie-label mindset.”
    (On a side note, if anyone needs such a person, I’d love to help out with your needs. Visit http://www.wesdavenport.com to view my qualifications.)

  2. Being offered a record deal is not the same thing as being signed to a recording contract.
    Everyone wants to be offered a record deal, but no one seems to like when that deal becomes a contract.

  3. I can’t tell you how many emails I get from bands who still want to get signed.
    All the tools are there to get things going on your own but I think people don’t believe it or something.
    If only all musicians would just start building their own mailing list and maybe even start a $4.99 “song of the week club”.
    A big customer list gives you a good negotiation too with the labels.
    – Chris

  4. Nobody will promote like a fan. Word of mouth by fans of your music to their friends or people they know who have similar musical tastes can go along way. Whatever happened to band run or arms length controlled fan clubs? Dont see to many around anymore. Alot of bands sold a lot of records and tapes in the old school days that way. Today it seems your better off looking for a smaller label or group of artists who are likeminded and have some internet savy and get your music out that way. Its cheaper and you can reach way more people far quicker and be able to guage interest and target the people and places who like you. In a nutshell cut your touring costs by only going to see the people who really want to see you.

  5. I completely agree with Durmans and the article; especially in regards to:

    • New Ways to Reach Your Target Audience
    • Independent Success Leading to Major Label Interest
    • Fan “Inbreeding” (think about it)

    Many of the newer artists who I have become a huge fan of were introduced to me by another fan.
    Mike Wyatt | @entelleckt

  6. Great article leveling with the current state of the industry. The record labels used to be what musicians needed for promotion. Now they have the ability to make their music and distribute it using their computer and the vast online opportunities.
    If you use the many available services, you’ll find yourself slowly and surely reaching new fans and creating your own community.
    Musicians – go out there and get the online world working for for you!

  7. Agreed. The 21st Century is stronger in the “Do-It-Yourself” music biz these days. The music business still remains the typical “Hit or Miss” situation depending on the amount of work one wants to pursue. Many independent artist/musicians/writers are looking to the independent consultants and management to handle the everyday headaches so they can continue to concentrate on writing and performing.

  8. ‘Nobody’ is a very general term and in that generality makes it untrue. Would you elaborate? I know a lot of people that care about artists. People in major labels, independents, photographers, engineers, producers, managers all care about artists. Without them we can’t do what we love and without all those people artists can’t do what they love.

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