All Record Labels are BROKE! Here’s why! | Music Industry Secret
Discover the hidden truths behind why major record labels are perpetually broke and how this impacts their operations. From borrowing strategies to managing assets and liabilities, this video breaks down the financial intricacies of the music industry. Learn how labels increase cash flow, handle debt, and why they still sign artists despite their economic struggles. Understand these secrets to effectively navigate your path as an independent artist or record label owner.
00:00 - Let’s talk!
00:33 - How Record labels get into debt
01:13 - Assets never outweigh the Liabilities
02:38 - Record labels live to increase cashflow
03:20 - How is the record label in debt? Pt 1
03:52 - How is the record label in debt? Pt 2
05:05 - How is the record label in debt? Pt 2
05:47 - Bonus: Record label Secrets
06:46 - Here’s why you sign anyway
07:43 - See… This is why I want to be my own label!
08:29 - Do record labels ever profit?
09:08 - So what’s the goal?
10:33 - Getting to the money before you need the label
10:49 - If you sign to the label
11:03 - Conclusion…
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