Posted on May 07 2014 05:42 PM
I had a record released on a European label (El Toro Records). They contacted me I did not send anything to them, they found us on myspace in 2007. I've NEVER had any luck sending copies to labels - that's a dead end in my opinion; unless you can prove you have a large draw in one or more areas and if you've already had success with self releases. There's no more artist development. I financed the recording and the record company fronted 100 free cd's to basically pay back some of the recording expense. Since then we've never seen any money from other sales. That being said the label paid for the cd pressing, artwork, promotion materials, sent the cd for reviews, put on streaming sites such as itunes, etc and put the cd in stores/online stores.
From a financial standpoint we would make more capital if we self released.
Though I would not have a team in place to send cd 's out for reviews, get on radio, send to stores, distribution, etc
I think you're better off with a self release to get a solid name going in your area and/or in the industry. Get on good profile shows opening for other acts or on your own. Show you know how the business works, show that you can do things on your own - give and show that you can be trusted with financial investments. That's what it's about: Is a record company, management, booking agent willing to invest time and money into your band(?) If you're not ready for a label there are tons of bands who are very successfully doing it on their own first. The days of getting discovered or having an unsolicited recording listened to are very VERY slim. Also are you willing to allow a label call the shots? Indie's grant some freedom larger labels well that's another thing all together.
Bottom line did having a record released on a small independent label help my band any? Probably not much, there was no money to tour and no way to really track sales/royalties, etc. While the reviews boosted our self esteem it didn't help jump to the next level. We were surprised with just getting a release and some nice reviews.
Think of it this way, your band is a product can you make money off your product? Sell Cd's, sell tickets, sell merchandise, etc - this is how a record company thinks. Can they make money if they invest into your band (product) if not, they will pass. This amount will vary.
All the best to you and your journey!
Last edited: May 07, 2014 17:46:31