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The Hardship of Getting Signed |
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Wednesday, 24 December 2008 |
The Hardship of Getting Signed to a Label by Matthew Kepnes
A lot of bands often feel that getting signed by or being offered a recording
contract is the ultimate goal of their musical career. In some cases this can be
true but a lot of times it can be the start of a whole new set of issues that no
band could ever foresee or desire.
These days a recording contract is nothing more than a big advance of money to
be recouped by the recording company through sales of your product. If it
doesn't sell to expectation you still have to pay the money back somehow. Music
companies are a business and they are there to make money not lose it. It is no
different than going to a bank and getting a loan to market your music your
self, except the recording companies have the methods to make the product sell,
get airplay and distribute the product throughout the country or even the world.
Recording companies loan you the money to make the music and get their money
back by distributing it. Typically artists make a small fraction on CDs- most of
the money comes through merchandise and tours.
If you can get a recording company to get behind your music, that's good. But
beware of recording companies who try to influence and change your sound, often
to the point of rewriting your songs and even changing members of your band or,
worse still forcing you to record songs made by other peoples.
Here are some annoyances that can happen to musicians who get signed and think
they are on their way to fill stadiums around the world.
Getting shelved! A band gets signed, gets some cash advanced for recording. The
songs are recorded and completed but the record company 'shelves' your act and
you never sees the light of day but you can't take your product anywhere else
because you are already signed. Often you can't even play live gigs without
giving a % of your performance fee to the record company. This happened to Billy
Joel who waited his five year contract out playing in piano bars.
The song gets changed. Often you will be all ready to record your songs and the
record company will bring in a co-writer or producer who alters your
compositions beyond all recognition to "fit in with label's style." You started
to make a hard rock album and you end up with a rap album with all your
instruments removed and samples replacing them. You thought you were Metallica
only to end up like Jack Johnson. Then you have to go and promote something you
really hate and your product is no longer recognizable.
Where did all the money go? Beware the big advance of money, to make and promote
your music. If it doesn't sell you will have to pay the money back, with
interest, just like the banks. How do you pay it back? Live gigs, touring, radio
shows, shopping centers for the next ten years. How do all those artists who
make millions of dollars end up bankrupt? All the bills they didn't know they
had to pay. They had so much fun, they never watched where the money was going.
Read the fine print so you don't end up like MC Hammer.
Where did my band go? Quite often musical differences between band members and
record companies are solved by the company getting rid of and replacing any
member of the band who doesn't agree with them. They are always trying to get
work for their own players and artists who have already been signed. Quite often
you will find all your guitar player's work re-recorded by the studio guy or
producer to fit in with the label's sound or smooth over tensions within the
band.
I thought I was a musician not a pop star. Increasingly recording companies are
trying to "cross media" any act in anyway they can. They will market you anyway
they can, and they will get you to do things to increase your and their exposure
any way they can. You may end up on dog food commercial, on big brother or, god
forbid, on Australian Idol. Many recording companies are just offshoots of the
big media groups who control TV, radio, music, and the print media, and they
will market you anyway they see fit to re-coup their investment in you. Most
musicians have a short shelf life so companies want to maximize their profit now
before the public listens to the next big thing. (We've all heard of the
sophomore slump!)
Remember that the music business is 95% business and 5% music. Try to go
independent if you can, promote yourself on the web at sites like Axebay and
build your own presence in the world. The more successful you are in the
beginning the more bargaining power you have with the recording companies. If
you do get an offer, get a good lawyer. You don't want to waste five years in
piano bars.
About the Author
Matt Kepnes is a guitar worshiper who lives and breathes guitars. Check out his
website at www.Axebay.com . There you can find a lot of information on used guitars and
guitar tuners. |
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Last Updated ( Friday, 02 January 2009 )
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