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It's the fantasy of every dreamer musician: Their band will record a demo, play a show, get noticed and sign a record deal that will lead them to a life of everlasting fame, fortune, and partying.
But that doesn't happen. In fact, record companies aren't looking for bands at all. They have MILLIONS of bands sending in demos and promo packs EVERYDAY. All they have to do is choose the one they think will make them the most money.
Record companies are just businesses. They (generally) don't care about the artist at all. This is why you hear about so many bands that are cheated and scammed by labels, losing all ownership of their songs and making very little money off record sales and royalties.
When a label signs an artist to a record deal, they expect to make lots and lots of money. See, the way a record deal works is really just like a loan- The label gives the artist or band some money to go record and tour, but in return expects all that money to be returned...in addition to a percentage of CD sales, performance royalties, and a lot of the time, ownership of the music.
But it's not all bad...
With a record deal, an artist can have access to things that seem impossible for an independent- Major distribution, international tours, radio play, music videos on all the big networks, the whole shabang.
When an artist has access to all these channels, yes, they do make some money. But one has to ask, is it really worth it?
Matt Davis is an up-and-coming record producer from New York. He is also an expert in the music industry, and a home-recording enthusiast. He runs and maintains Matt Davis Music, a company devoted to providing industry quality instrumentals to recording artists at discount rates- http://www.soundclick.com/mattdavismusic
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SAINT JUDE - 'SOUL ON FIRE' (OFFICIAL PROMO)
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