Sound Library - The Future Of Record Labels?
Horseleech
3,830 Posts
So Doc McCoy's post about Ninjatune in the Spooky thread has kind of confirmed a thought I've been having a while about the future of record labels - namely that many are becoming de facto sound library labels.
A friend who runs a successful independent label (one that does both reissues and new artists) told me years ago that the label activity per se basically breaks even and it is the sync/licensing end that actually makes money.
If the only viable revenue stream is commercial/film/TV usage, aren't these labels essentially functioning as sound library operations? I know the whole A&R end is different, but still.
A friend who runs a successful independent label (one that does both reissues and new artists) told me years ago that the label activity per se basically breaks even and it is the sync/licensing end that actually makes money.
If the only viable revenue stream is commercial/film/TV usage, aren't these labels essentially functioning as sound library operations? I know the whole A&R end is different, but still.
Comments
I'm thinking more along the lines of new music, though. I feel that there's a whole genre of quirky she-sprites looking for that Apple money, among other side effects. I wonder if licensing potential is creeping into the process/business model in other ways, too.
when you license something for reissue, what kind of rights do you have over licensing for other things? I would think people give you license to release the music on vinyl and other formats, didn't know that would also include re-licensing for other media. Just curious as to how that works.
It all depends on the deal you make. Some titles I have no involvement with licensing at all, with others the bands have asked that I handle all of that for them. I've had several inquiries, but nothing has panned out so far.
have a mini internal kickstarter for the back catalogue to choose what is to be re-released
it makes perfect sense on all levels