Record labels are corporations that market recorded music and corresponding videos.

They interact in a variety of functions within the music trade, together with new artistes recruitment and growth (often called A&R, which stands for artiste and repertoire), music publishing, and copyright enforcement.

In Nigeria, now we have:

  • Davido Music Worldwide (DMW)
  • Mavins Record.
  • Starboy Entertainment.
  • YBNL Nation.
  • Chocolate City.
  • Penthauze Music.

and an entire lot extra. Nonetheless, the aforementioned are more well-liked than the remaining.

Beginning a record label takes a bit strategic planning. To achieve success, an owner wants connections, influence, and money. The one option to construct all three is with a strong business plan.

What’s a business plan? It’s a document that explains how an organization will run, and the way it will earn cash.

The typical startup price of a record label is between $200 – $50,000. However, for big labels, the typical price could be from $100,000 – $500,000. This price often varies from nation to nation.

Lets assume you wish to arrange one in Nigeria and wanted a strategic plan to succeed, who would you meet?

You Need Guidelines To Setup A Profitable Record Label – Who Would You Meet (Don Jazzy, Olamide or Davido?)

Drop your remark below