The “New Record Deal”
The “New Record Deal” Kelvin Butler, owner of KBJ Records.com, is in the process of creating something groundbreaking in today’s music industry. He is creating what he calls “The New Record Deal”. This young record label has been making a name for itself by making the needs of the indie musician its top priority. Although ambitious, KBJ Records is determined to make “The New Record Deal” a reality. WHAT IS A RECORD DEAL? In the old music industry, record deals were only loans. The label would loan an artist money, and the artist would use that money to pay for studio time, producers, promotion, etc. The label would assist the artist in finding the best people for the job but they did not pay for anything. When the artist would release an album, the label would recoup all of their money first, before the artist would receive a dime. Needless to say, Many artists failed to repay their debt and were dropped from the label. Why does this method fail? It fails b...