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Music Business Realities:

Tim Sweeney Shows You Why You Have to Be Smarter Than Major Labels

© 1998-2001 Taco Truffles Publishing. ALL RIGHTS RESERVED.

What is Success? (Or: You Tell Me)

So you want to succeed in the music business. That’s great, but what does that mean? Everyone has his or her own definition of success. For some people, success means getting a cover band together and playing for friends at the local bar. For others, it means releasing their own records, getting some press coverage in their local magazine, and maybe doing some touring. And for others (probably most of you reading this), it means “getting signed” to a major record label, releasing a string of hit records, and playing to sold-out stadiums around the world.

Obviously, the higher you set your goals, the harder they are to attain, and the less likely it is that you will ever attain them. To make matters worse, the lucky few who do “get signed” and have substantial careers on major labels, usually find that the experience is significantly different from what they thought it would be. My point is not that it’s a bad thing to want to get signed by a major label.

My point is that if this is your goal, you need to have a clear understanding of what getting signed will and will not do for your career. You need to know what you’re going to have to do in order to get a good deal, and what you’re going to be up against along the way. And you need to prepare yourself for the fact that if you do get signed, you’re probably going to discover that it’s not the magic cure for all your problems that you secretly hoped it would be. So now that your spirit isn’t broken, lets give you the answer to the $64 question. How do I get signed to a major label?

How To Get Signed.

As the consultant to 4 major label Presidents and CEOs and the sub labels they control, I think I have seen almost everything when it comes to major labels and whether or not an artist is successful. The key for most artists to “survive” the major label experience comes from the foundation they built as an independent artists beforehand. This is where most artists either try to go too fast or get lazy about doing the work.

Too many artists believe that if they make a demo tape and send it in either unsolicited to an A&R rep or have a entertainment attorney or manager do it, some magic door will open filled with fame and fortune. Well, I have never known an attorney who got a successful major label artist a deal where they didn’t have to do some work beforehand, to prove to the label their potential future success. I have also heard all the stories of artists signed off of demo tapes coming in the mail. Some are true, in that they got record deals. Like $10,000 for the next 5 years at a royalty rate of 3%. Certainly not fame or fortune and certainly not worth your time.

If you are serious about capturing a major label’s attention, here is the “secret list” of what they are looking for:

Verifiable record sales in major chain stores, Soundscan verification of sales at shows (or at least through your state resellers license) and verifiable sales on the internet through major web sites like Amazon, CD Now and Music Boulevard. Telling them you sold 10,000 copies with no proof doesn’t count, especially if you say that happened at shows and someone comes to see a show and 50 or a 100 people are there!

You need to have a substantial draw at any club and any show you play. They want you to have at least 500 to 1,000 people at any performance in your home market. Do worry, they will ask the club to verify it for you.

Radio airplay on real radio stations. Priority College and Commercial stations. Not the ones that the college radio promoters and low level commercial radio promoters are trying to offer to you in those “enticing” ads.

Press coverage in Alternative Newsweeklies, Dailies and Monthly publications. The labels need to see that you are creating enough impact in the market place that the press is reporting your success through articles, not reviews.

You have to understand one important point. Major labels are, first and foremost, corporations. As such, their main reason for existing is to generate profits for the shareholders. Shareholders don’t care if the world is filled with beautiful meaningful music. They care about making money. Plain and simple.

Because of this, a major label will only sign you if they think they can make a profit by promotion and marketing your record. Not because they like your music or because they think the world needs to hear your music, but because they can make a profit by selling it.

Welcome to the real music business!


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