Aye People...if you got "signed" to a local indie label, wut wud be a good deal?
 

Yea...I'm jus determing what a "signing" package would include at 5 Source once I get to that stage...and YES, I WILL get to that stage...


So far, I have:

**Though the following would be "free" to the artists, I plan to recoup the costs through percentages of their profits.

1. Access to the studio (certain amt. of studio time per week)
2. Access to 5 Source producers (certain amt. of original beats)
3. Distribution (CD burning/Printing/Promotion)
4. Networking (club promotion/booking, ect...)
5. Sign-on bonus: For this, I plan to have 5 Source Debit cards that signed artists get with a certain amount already on it. This is mostly "petty cash" and would just be a small perk for signing on, nothing major. (Around 2,500)


**Artists would be responsible for getting their own managers and developing their image/buzz.



What else would you all personally want or like to see if you were signed to a small/local indie label?




Holla

I'd own the studio

buy/make his own studio

and he can get the money from loans, or just workin and savin up

^^Word...If all goes according to plan, and God willing, then I'll have other business ventures to generate revenue for 5 Source until it can become a self-sustaining entity.



Entrepreneur business, of course...

FUCK slavery

assuming (and very loosely) that you even know what a studio is, then you can understand that I can own one...This is a business dawg...and any business needs $$$$$$ as start up capital...I have a goal in mind to build a good studio that can pump out quality recordings...will cost into the thousands...but, again, this won't be "HOME BOY" records...

so yea...figure that one

5 Source Ent. is a sole proprietor company right now...still in its infancy...I'm registered in the state of MD and licensed to do "business"...which I registered with the state as "SALES" and "AMUSEMENT/EVENTS"....

As for start up capital...I'm an entrepreneur as of...NOW...literally...I have a business starting (I don't plan to get into specifics) that will provide revenue for 5 source...I plan to save...

I'm also considering loans...but damn a CREDIT CHECK and collateral.


I'm keeping all my options open.

Well im at a local label like you know..so ill tell u the contract I got..and maybe itll help u decide...

-50 percent of the money I process through singles/albums go to the label and 50 to me

-All the lyrical loyalties belong to me...(the rights to the lyrics)...so if an artist wud leave hed have the right to them

-Distrubution is free..and they give me like lil things...such as a driver but thas not necessary

-I have a clause saying I must produce atleast one album with the label..

-They set up Radio/Tv/.Studio appearences and equipment

Thats all I can think of atm...if I find anythin else when I go through my contract after lunch ill tell you..hope that helps..wait i found summin:

"360 records group will hold no responsibility for loss of profit, loss of work, or loss of life as we are not an insurance company, this can be arranged through the musicians network please ask 360 records CEO. "

^^Extract from my contract..u shud add that

"In any case of this 12 month contract terminating for any reason prematurely the artist will be notified and all material, which is property of the artist, will be signed over immediately. 360 records group will hold no responsibility for plagiarism on Intermentals behalf assuming Artist agrees with terms sign form below. "

^
another one...may help

OK for quirks...set up appearences...give studio time at youres..pay for promotion for the artist...hope it helps

use the bonus to help set up ur own lil studio seeing as how their gonna take a percentage of ur money to get that bonus back anywayz..... that takes care of studio time........ make sure the percentages r taken from ur profit........ if something happens, and ppl just ain't coppin ur shit, they'll try to get their money back somehow.......

^they like to do that lil "u owe me for my services" shit........ so when they feel they can't make any more money off of u, they'll take ur money from u........

hmmmmm............ r u signing him?

well...I've already figured that into the start up capital...I know there's a certain amount of artists I want to sign...and so I figure it'd help them to get their shit together so they can be a little less stressed to make that music...nah mean


It's still up in the air though


and thanx for all the suggestions INTER and LV


But CHIPS...I think u got it wrong...I'm saying I OWN the label and I'm signing artists.

ohh..... :laugh: .... lmao @ how tired i must be to have missed that........ u should sign me........

hahaa

well...I plan to sign Local artists 1st, then branch out..International ultimately...god willing



and, my goal is to have 5 rappers/singers on the roster to start

I guess I need to go AWOL and move to New York :evilgrin:

good luck wit this q
i think u'll make it :thumbup:

I'll say this one time: RECOUPABLE!!! NOTHING and I mean NOTHING is free. If you don't know what re-couping means, thne go buy a music law book (I suggest "The Business of Music") instead of asking kids on the internet with no record deals/labels/affiliations what the best advice is.

I think he was just asking people what they would want from a label if they were looking to get signed.....like if there was something specific they would want. I think he's got i pretty much covered though......except the fact that I wouldn't want to hire another person to get me deals and shit when I'm already paying a lot to the Indie Label. I think that I would want to go to one place to manage everything.

I think he's asking what would be a signing package. That's the first thing he said, then he started talking about all this free shit, man that's a great way to go out of business FAST. Free studio time? That'll encourage an artist to spend all day in that bitch while another artist makes no progress. People appreciate shit more and work much harder at it whne they have something on the line. You gotta rmemeber that Q is at the core a netcee trying to go 'big', so there's a LOT of absolute BULLSHIT that he has to un-learn - bullshit that gets circulated by mofos that don't know jack shit, right here on the net. "Free" being one of them. The fact that he said "free" and not "recoupable" says a fuck load about what he dosen't know about the music business, and asking dudes in middle and high school who are still wrestling with school shit what an offering (the thing he calls a 'signing package') would be when you should be talking to an entertainment lawyer and having them draft up the paperwork. A Music law book would be the bare minimum. This would be a typical contract for an indie label which is not much at all like a mainstream contract.

But of course Q is far too ignorant to ever directly ASK me for anything or actually say "wow, good looks". What do I know? lmao.

Yeah.....I gotta agree with you on that part about people spending all their time in the studio and only coming up with like trhee mediocre tracks....My advice is to put in writing how much time they will get in the studio for free. If they want more time, it will come out of their cut. Also........listen to Dooms....lol. He sounds like he knows what he's talking about :thumbup:™

word. I'd say speak to Phenom also, because that's one of the only cats on this board that I'd vouch for that's actually making REAL moves, not progressing form text to audio and think's he picking up speed, lol. A lot of other cats, I really cant' say for sure if they're doing or really know anything that'll get them anywhere on the business side of all this, and that's being real.

CREATIVE CONTROL is the major aspect.

lol .

#1...I'm not ignorant...

#2...I did say RECOUP...I said that I'd recoup expenses from the artists...

but yea...I've got plenty of books thanx to LV and the local library...

I'm reading up on ish


P.S. When you eventually DO say something valubale Dooms, I DO give you props...so sto exaggerating...



nuff said...

P.S. I've posted about 5 threads asking for advice...If you know something...drop it...If you don't...move along...Phenom, U, Leady, and a few others have dropped some pretty decent to good advice...I'm also talking to local artists who actually perform in the D.C. area...So, I'm getting a wide perspective on things...trust me


I'm not a fool.

You don't even understand that what you're talking about is illegal LMAO. You can't "recoup expenses from their profits" is called "stealing" unless it's a law suit. READ BITCH!! YOU DONT' KNOW WHAT YOU'RE TALKING ABOUT AND DON'T KNOW JACK SHIT ABOUT MUSIC LAW OR THE ENTERTAINMENT BUSINESS!!

Thanks.

Okay...then I'll learn...wuts the big deal...there's no need to be negative...u talk about why don't I directly ask u shit...maybe it's cuz ur a raging asshole :thumbup:


neway...I have books I'm reading now...so, yea...w/e

Nah, you speak like you know, like "yeah, this is what I'm gonna do!" when you have about 15% of the info you need to get started. Stop. When you think you know it all, relaize that you don't, then go read some more and learn what really counts. Not jsut what you want to hear on the surface that's gonna cave in in the long run since it's missing important pieces. I see dudes do this literally daily. They make moves without really looking into what they really should be watching our for and what they needed to open certain doors, etc. Take your time and R.E.A.D. That's all. You'll look into something and read probably about 10-15% before you're like "YEAH, I'M GONNA DO THIS FULL STEAM AHEAD!!" and not realize why it won't work the way you thought it would. I seen you do it MANY times and that's just here on the board.

But at the end of the day, what do I give a shit? lol, that's the REAL issue here.

When I say "I'm going to do this"...It's long term goals...There was no plan laid out, YET. I've made statements like "I WILL SIGN PEOPLE."...That's positive thinking...I realize there's more to it than just "signing" someone...That's why I haven't signed anyone who's asked me...And, what are you talking about I read something 15% of the way?...I don't think you know what you're talking about there...But, knock yaself out...I'm not gonna sit here and kiss your ass because you think you know it all...I value knowledge and I soak it in...I may not grovel and kiss your ass like some people on this board...But, good information has and will be put to good use...What more do you want, a biscuit?...I'm not tryna be passive aggressive here, but I think you're on some negative shit dawg...Someone is trying to do something..FUCK THAT...someone IS DOING SOMETHING and you want to shoot their shit down before it even gets off the ground...That's just like black folk...Crab Mentality...LV, Leady, Phenom, even Intermental have been real about it...and I appreciate it...I'm reading up on it...I'm talking to local artists ( acouple GAY ONES AT THAT) who actually perform and do shows...So, I'm getting tons of knowledge...


I personally don't like you Apexx...I think you're a fuckin know it all... I've been more OPEN and HONEST than ANYONE on this cot damn board...so you can just hop off my back right about NOW...If I was that self-conscious about wanting to look so "smart", I'd PM PHENOM, LEADY, LV, TRIPLE, Limited EDITION, then come and make a thread and ACT like I know every damn thing.

Stop being so negative nigga...and be supportive...otherwise...move on...I'mma get the knowledge I need regardless and 5 Source will be successful.PERIOD.