In this episode, we delve into the fundamentals of record label accounting, crucial for indie label owners. We cover the royalty formula (Income - Expenses x Artist Share = Royalty), essential terminology (income, expenses, advances, profit, artist share), and how royalties are typically split, with an emphasis on common 50/50 splits.

We'll also discuss best practices for calculating and paying royalties, including the importance of transparency and the tools to use, such as software and spreadsheets. Learn how to start your record label on the right foot with clear financial management practices.

Learn More: http://otherrecordlabels.com/royalties

Presented by Hellbender Vinyl - http://hellbendervinyl.com

PRESENTED BY HELLBENDER VINYL - http://geni.us/hellbender

In this episode of Other Record Labels, I'm diving into the basics of recording and mixing for indie record labels. 

I'll walk you through why a great-sounding record is crucial for your label's success and how you can effectively participate in the recording process.

From pre-production to mastering, we'll cover all the essential steps, providing you with insights and tips to ensure your releases always hit the right note.

Whether you're a seasoned label executive or just starting out, this episode will help you understand the technical side of music production and elevate your label's brand. Tune in and let's explore the world of recording and mixing together!

Learn more at http://otherrecordlabels.com/recording

🎙️ In this episode of "Other Record Labels" with Scott Orr, we delve into the fundamentals of pressing vinyl records. Whether you're an indie artist or a record label owner, pressing vinyl can be a game-changer for your music career.

Presented by Hellbender Vinyl: http://geni.us/hellbendervinyl

Scott breaks down the process step-by-step, covering essential topics like scheduling your lead time, finding the right pressing plant, and adding features that boost the value of your product.

From mastering and artwork to packaging and extras like download codes and hype stickers, get ready to learn everything you need to know to create a standout vinyl release.

Tune in for expert tips and insights that will help you navigate the exciting world of vinyl pressing! 🎶💿 #OtherRecordLabels #PressingVinyl #IndieArtists #RecordLabelOwners

MORE VINYL RESOURCES: http://otherrecordlabels.com/vinyl

In this episode, we explore the crucial role of Digital Service Providers (DSPs) in the modern music industry, especially for indie artists and record labels.

Join us as we break down what DSPs are, how they function, and the major platforms you need to know about, including Spotify, Apple Music, Bandcamp, and more. We’ll discuss the benefits of using DSPs, how they help artists reach a global audience, monetize their music, and why they are indispensable for maximizing your music's reach.

Whether you’re an up-and-coming indie artist or a seasoned label owner, this episode is packed with valuable insights to help you navigate the digital music landscape effectively. 

Learn more: http://otherrecordlabels.com/dsps

Presented by Hellbender Vinyl - http://geni.us/hellbender

Welcome to our latest episode where we unpack the essential, yet often overlooked, basics of the music industry: ISRCs (International Standard Recording Codes) and barcodes (UPCs).

Presented by Hellbender Vinyl - http://hellbendervinyl.com

Whether you're an indie artist, managing a record label, or looking to sharpen your industry knowledge, this episode is packed with valuable insights for you!

Learn more at http://otherrecordlabels.com/isrc

Thank you for being a listener! Let’s talk about what’s happening with the podcast, and so much more!

Submit Your Record Label: http://otherrecordlabels.com/submit

Check out The Record Label Academy: http://otherrecordlabels.com/academy

In this episode of Other Record Labels, Scott delves into the intricacies of what makes an indie record label successful. Through interviews with various record label owners, Scott uncovers that there isn't a single formula for success; rather, it is a combination of multiple elements done exceptionally well. Each guest offers unique insights based on their personal experiences, highlighting the diversity of approaches in the indie music industry. Listen to new insights and opinions on what it means to be a successful record label from Beggars Group, Minaret Records, Moderna Records, Kiam, and more! 

Presented by Squarespace. Use coupon code; ORL10 for 10% OFF your new website! http://otherrecordlabels.com/squarespace

In this episode, we sit down with Jason Wall of Future Youth Records, an indie label with a unique mission to empower and support young artists. Jason shares his journey of adapting throughout his life and with his label, guided by his favorite catchphrase, "Everything is Figureoutable."

Learn about Future Youth Records and their commitment to providing young artists with tools and opportunities without the typical constraints of the traditional music industry. We explore the stereotype that charity labels might not produce high-quality music, and Jason explains how their model actually allows for greater creative freedom.

Discover how Future Youth Records allows artists to keep 100% of everything, including publishing and masters, providing them with financial independence and creative freedom.

Presented by Squarespace

http://otherrecordlabels.com/squarespace

COUPON CODE: ORL10

I just had a MAJOR epiphany... about why record label's exist and how they should better position themselves to music fans...

Presented by Squarespace: http://otherrecordlabels.com/squarespace

Use the code: ORL10 for 10% off your new website!

In this episode, we uncover the transformative power of the Fan-First Approach for indie record labels. Discover how prioritizing music fans over artists can revolutionize your label's business model. Learn from Inner Ocean Records' example and find out how making fans the main characters in your story can deepen connections and drive success. Tune in for practical tips and insights that will help you create a more engaging, fan-centric experience.

Join us in this engaging episode as we sit down with Cory Giordano, the visionary behind Canadian indie record label Inner Ocean Records. We delve into the label's journey from its inception to becoming a multifaceted brand beloved by music fans. Cory shares insights on establishing a cohesive brand through curated music, unique formats, and distinctive designs.

Discover how Inner Ocean Records embraced multiple revenue streams to thrive in a competitive industry. From selling other artists' records to creating sample packs and innovative hardware like the We Are Rewind tape player, Cory provides a behind-the-scenes look at their diverse ventures. 

Presented by Groover.co

In this episode, Cory reflects on the impact of these diverse revenue streams on the business, the challenges and successes of experimenting with different products, and the strategic decisions behind their evolving catalog. Additionally, he opens up about his recent sabbatical, sharing personal insights and the importance of taking a step back.

Tune in for an inspiring conversation about innovation, resilience, and the art of curating a brand that resonates deeply with a community of like-minded music enthusiasts.