All About the Record
What is an imprint ?
A brand--and not a company - under the umbrella of a record label that takes on the distribution and marketing of releases
What is Marketing ( Department)
Involved in the coordination of of promotion, publicity, advertising and sales campaign that the record label commits to
What is a Major ?
Lil Nas X
Columbia
What is SRLP?
The price of album that is recommended
What is the " Term"?
The length of time that a contract remains in effect
What are digital aggregators or digital music distributors?
The Orchard, TuneCore, AWAL, CD Baby
What is Digital Distribution
Gets music to physical and online stores, streaming services , radio , facilitates YouTube and Facebook monetization through Content ID and other add on services such as marketing, licensing etc.
What is an Imprint ?
Drake
Young Money/Cash Money/Republic
What is PPD ( Published Price to Dealer)?
The wholesale price of a record that distributors charge to retailers
What is a Delivery Commitment?
The number of master recordings that an artist has to deliver in a given period of time
What is a Joint Venture Label Deal?
A deal between two record labels where one label provides financing and responsibilities associated with making, marketing and promoting records are shared between both labels. After recoupment of costs and expenses, net profits are shared 50/50.
What is A&R?
Identifies talent both old and new to sign to label and work with
What is an Indie ?
Shaed
Photofinish
What is a "Recording Fund"?
Monies paid by the label to an artist for the costs to record an album . Any amounts not spent are kept by the artist as an advance
What is an "Advance "?
the amount of money that is paid to artist when signing the deal, and made available to artist, producers, musicians and studios for recording and finalizing their album
What is a Production Deal
When a company that is neither a major nor independent record label signs an artist , records them and assigns over to a major or independent record label for release
What is Promotion?
Executes campaigns to secure commercial and non-commercial radio airplay ( FM , internet and satellite radio); Also secures digital playlist positioning on streaming services
What is an Imprint ?
Da Baby
Southcoast/Interscope/IGA
What are " all-in" royalties ?
When artist is responsible for paying producer out of the total royalties they receive from the record label
What is " Territory" ?
The area within which a record label has the right to distribute a record and where the terms of contract can be enforced
What is Distribution?
How music gets delivered to listeners ( and made available) in brick and mortar stores and on Spotify, Apple Music , other streaming music platforms and digital music stores
What is New Media?
Keeps social media sites up to date , creates banner ads on Vevo and YouTube, increases and improves digital presence through SEO and pay-per-click advertising
What is a Major Label?
Halsey
Capitol
What are reserves ?
When a record label holds back a percentage of royalties against anticipated returns and credits
What is exclusivity ?
Term in contract that prevents signed artists , from making/ performing on other records