How to Run a Record Label?

Running a record label involves numerous tasks and responsibilities: signing artists, recording, producing, distributing music, and marketing the label's brand and repertoire. With digital distribution platforms like DistroKid and TuneCore making waves in the music industry, it's essential to understand how these platforms can aid in your label's success. This article provides insights on how to run a record label on DistroKid and explores the comparison of TuneCore vs DistroKid.

Starting Your Record Label

Before diving into the specifics of platforms like DistroKid, it’s crucial to understand the basics of starting a record label. Here are the primary steps:

• Define your niche: Decide on the genre or type of music your label will focus on.
• Legal structure: Register your label as a business entity, ensuring you have the proper licenses and permits.
• Create a brand: Develop a unique name, logo, and online presence for your label.
• Sign artists: Scout for talent and sign artists under contracts.
• Production: Set up recording sessions, produce albums or singles, and manage the recording process.

How to Run a Record Label on DistroKid

DistroKid has simplified the process of digital distribution, making it more accessible for record labels, especially independent ones. Here’s how you can make the most out of DistroKid for your record label:

Create a DistroKid Account

The first step is to create an account. DistroKid offers different plans, including a special one for labels, which allows you to manage multiple artists’ releases under one account. Choose the plan that best suits your needs.

Upload and Distribute Music

Once your account is set, you can start uploading music. DistroKid has a user-friendly interface that makes it simple to upload tracks, albums, or EPs. Ensure all metadata is accurate, as it helps in better listing and discovery on streaming platforms.

Marketing & Promotion

Promotion is vital for the success of any release. DistroKid offers various promotional tools like HyperFollow, which creates a landing page for your releases, allowing fans to pre-save and follow on multiple platforms.

Manage Royalties

DistroKid provides a straightforward royalties management system, ensuring you and your artists get paid on time. The platform also allows for revenue splits, making it easy to automate payments to each stakeholder.

Analytics & Reporting

Monitoring the performance of your releases is crucial. DistroKid provides comprehensive analytics, offering insights into streams, downloads, and revenue. Use this data to make informed decisions on future projects and marketing strategies.

TuneCore vs DistroKid

When comparing TuneCore vs DistroKid, each platform has its unique features and advantages.

Pricing Models

TuneCore: TuneCore charges annually per album or single release. This model can become expensive over time, especially for labels with a large catalog.

DistroKid: DistroKid offers a more affordable annual fee that covers unlimited uploads. This is beneficial for labels looking to release multiple projects throughout the year.

Revenue & Splits

TuneCore: TuneCore allows artists and labels to retain 100% of their royalties but lacks automated revenue splits.

DistroKid: DistroKid also enables you to keep 100% of your earnings and offers automated revenue splits, simplifying financial management for labels.

Uptime & Support

TuneCore: Known for their reliable service, TuneCore has a strong customer support system but can be pricier.

DistroKid: DistroKid is also reliable and provides email support. Their responsive platform is designed to keep your releases live on key streaming services.

Additional Services

Both TuneCore and DistroKid provide additional services like global content distribution, cover song licensing, and YouTube monetization. However, the ease of use, cost-effectiveness, and innovative tools often give DistroKid an edge for many new and independent labels.

Conclusion

Choosing the right digital distribution platform is pivotal for running a successful record label. While both TuneCore and DistroKid have their merits, understanding your label’s specific needs will guide you to the right decision. Platforms like DistroKid streamline distribution, revenue management, and promotional efforts, enabling you to focus on what truly matters: the music and your artists.

If you are looking to further expand your reach and explore more opportunities, consider registering as a SoundOn artist. SoundOn allows seamless integration with TikTok and other digital streaming platforms, providing a global distribution service to help take your music career to the next level. Register now!