Why you should Launch a Music Label now? [031]

Music Label Services instead of Distrokid?

I've always dreamed of starting my music label. The idea of sharing amazing tunes with the world excites me. As an electronic music fan, I know the importance of reaching beyond just streaming platforms. DJ platforms like Beatport and Juno are where the DJs and electronic music lovers hang out. In fact, music downloads make up a third of my label's income.

Here is a percentage breakdown of the label's revenue.

1. Beatport 40%

2. Youtube 28%

3. Spotify 13% (In fact, Spotify currently only pays 60% and keeps the remaining 40% because not all songs have reached the annual threshold.)

4. Apple Music / Itunes 11 %

5. Others 8%

Another advantage is that some label services assist with marketing and promotion, such as running social media campaigns, issuing press releases, and securing playlist placements to boost artists' visibility.

My Beatport Label page

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