![]() Never even got close to breaking even which is all I wanted to do. ![]() I remember one release having almost $1000 invested after you accounted for the payments to the original producer + the remixers. And it worked, I had several big name Dj's playing tracks from my label by artists who had never had releases and were just regular forum posters like you and I looking for feedback.īut, I also wanted quality artists so I was paying advances ranging from $50 - $500. ![]() I actively recruited on forums like Tranceaddict and tried to give those looking for an opportunity a chance at a nice release. I started the label because I wanted to advance what I deemed quality music and upcoming artists. I never started the label to make money, I wasn't that stupid, but I hoped I could at least break even. I had to get out of the "business" because my label literally turned into a money pit/fun adventure gone wrong. You think $40 is enough to secure an advance with a nice artist? Hell, $40 will hardly even buy you a good mastering job for 1 track, LOL. That left the label with a whopping $40 per release. Next, you receive your payment via paypal who takes yet another $5-10.īefore all is said and done, you're pocketing (if you're lucky) $80 per release, which you've gotta split with the artist, usually 50/50. Most tracks (at least when I ran my label) would only sell 100 - 400 copies total so you're looking at pocketing, if you're lucky, an average of about $90 per release. Next, the usual 50/50 split with the artist gives the artist 35 cents and the label 35 cents. Kiss another 20-30% of your sales goodbye!īy the time Beatport and the aggregator have taken their fee's, you're lucky as a label if you are pocketing 70 cents per track. The only way an upcoming label like mine could get on beatport is using an aggregator like Labelworx or Bonzai Digital Network. #DOWNLOAD BEATPORT PRO PROFESSIONAL#Next, Beatport made it nearly impossible for any independent/upcoming labels to establish a direct contract with them (My business associate who worked for a hedge fund literally presented in-person a professional portfolio with $100 worth of materials to their HQ in Denver). To my knowledge, no other distributor at that time took that much (though it may be different now) ![]() So if you sell a track for $1.99, they took $1 and left the label with 99 cents. What I hated about Beatport was the fact that they took 50% of the sale straight off the top. ![]()
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