It may sound like the perfect job to most of us; but there was a lot to take care of if you were involved with running a record label back in the day.
I'm not on about a small indie here; their main problems were finding the finance, getting their records played on the radio & then getting paid by distributors.
But in a big label, there were many more tasks that had to be well taken care of & lots of different skills were needed.
So you set up a new label (finance has been found) and instantly decisions have to be made.
...... Do you want your own studio ? If so, one has to be built or bought. Then it has to be staffed with producers, arrangers, engineers, etc.
...... Do you want / need your own dedicated studio band, if so you have to find the right guys.
...... Do you need your own in-house sing writing team ... Yes is usually the answer, so again you have to find the right guy, team.
.... Do you just release in-house product or do you go looking to 'license in' outside productions or the best available little indie label tracks.
..... When you want to cut an act, you need an A&R team to decide what product will be most commercial for them. What 'sound' is flavour of the month; it's no good cutting the artist on a James Brown sound-alike track if its Motown that's selling best this month.
..... Appoint a Promotions team. Guys who have contacts & can get your new release on the radio and reviewed in trade papers / magazines.
.... Lawyers, you'll definitely need a few of them. Staff to be placed on contact, artists to be signed & royalty deals to be negotiated.
.... Find & appoint outfits to master & press up your product .... and not just locally but in all the regions across the States.
.... An early release does well and foreign companies come knocking ..... who do you appoint as your licensee across various countries in the world, tricky decision.
... What do you do with the 'unsold stock' of 45's. It's just taking up space in the warehouse (yep, you had to rent a warehouse as well). Do you sell it off cheap, junk it & take it to the tip or just leave all those 45's laying about in that almost forgotten damp basement space that has no other use.
.... and what about future rights; do you even realise that last years recordings will have a good value in the future (CD's, mp3's) and that those old master tapes may be precious. You'll need a vault where they can be stored properly ... & watch out, coz the vault will be full in 5 years time. Do you throw away the tapes that only contain unissued tracks (like ABC did) assuming that if you didn't want to put them out in 1966, not one will be interested in paying money or them in 2006.
........ So working for a record company back in the day wasn't as simple a task as all that.
It may sound like the perfect job to most of us; but there was a lot to take care of if you were involved with running a record label back in the day.
I'm not on about a small indie here; their main problems were finding the finance, getting their records played on the radio & then getting paid by distributors.
But in a big label, there were many more tasks that had to be well taken care of & lots of different skills were needed.
So you set up a new label (finance has been found) and instantly decisions have to be made.
...... Do you want your own studio ? If so, one has to be built or bought. Then it has to be staffed with producers, arrangers, engineers, etc.
...... Do you want / need your own dedicated studio band, if so you have to find the right guys.
...... Do you need your own in-house sing writing team ... Yes is usually the answer, so again you have to find the right guy, team.
.... Do you just release in-house product or do you go looking to 'license in' outside productions or the best available little indie label tracks.
..... When you want to cut an act, you need an A&R team to decide what product will be most commercial for them. What 'sound' is flavour of the month; it's no good cutting the artist on a James Brown sound-alike track if its Motown that's selling best this month.
..... Appoint a Promotions team. Guys who have contacts & can get your new release on the radio and reviewed in trade papers / magazines.
.... Lawyers, you'll definitely need a few of them. Staff to be placed on contact, artists to be signed & royalty deals to be negotiated.
.... Find & appoint outfits to master & press up your product .... and not just locally but in all the regions across the States.
.... An early release does well and foreign companies come knocking ..... who do you appoint as your licensee across various countries in the world, tricky decision.
... What do you do with the 'unsold stock' of 45's. It's just taking up space in the warehouse (yep, you had to rent a warehouse as well). Do you sell it off cheap, junk it & take it to the tip or just leave all those 45's laying about in that almost forgotten damp basement space that has no other use.
.... and what about future rights; do you even realise that last years recordings will have a good value in the future (CD's, mp3's) and that those old master tapes may be precious. You'll need a vault where they can be stored properly ... & watch out, coz the vault will be full in 5 years time. Do you throw away the tapes that only contain unissued tracks (like ABC did) assuming that if you didn't want to put them out in 1966, not one will be interested in paying money or them in 2006.
........ So working for a record company back in the day wasn't as simple a task as all that.