Major record label contacts
For many decades there was a generally accepted way of getting noticed as a musical performer or singer. Much of this had to with either being in the right place at the right time or having some major record label contacts. This is no longer true, though, because digital technology is improving our ability to privately record music as well as share it with others. The new software that is appearing on the web improves not only makes it easy for anyone to record their own songs, but can honestly match the quality of a great deal of the equipment you will find in a professional studio.
With your software, you can now record yourself and master your tracks to a profession-sounding quality. From here, you can set out to directly distribute your music through any of the social media channels that are popping up all over the internet, or you can continue to “produce” your album and prepare it for distribution the old-fashioned way. No matter which avenue you choose, you can now actually consider yourself a record label.
If you want to make your record label official, you will need to choose a unique name and file for a Fictitious Name, which lets you trademark or copyright the label name. It protects you from infringement and prevents the same from happening to you.
Then you need to choose the size of business you want to file as. A sole proprietorship means that you are the only business owner, being the only person who invests and benefits in the company. A partnership describes the same thing but with two or more equal contributors and beneficiaries. Finally, a corporation is much more complex and requires legal counsel. This is the business model traditional record labels follow and they can be very complicated, especially legally. With your business model developed, you will need to file also for your tax ID. This, of course, registers your business with the IRS and allows you to pay taxes, but also to take advantage of all the tax benefits of owning an independent business.
It really is a different world we live in today, but it is a better one because of the kinds of opportunity that are available. You no longer need major record label contacts to record, manufacture or distribute your music. It makes you wonder what the future has in store for other artistic mediums.