Independent Record Labels Are Continuing To Grow Despite Any Economic Recession
The entertainment industry might have had slow spending trends due to tighter budgets, but the independent music label still pushes forward. Creating profits for independent record labels and musicians has been a tougher process since people are spending less and less each year on music purchases.
- (1888PressRelease) December 28, 2010 - DENVER, CO - Creating profits for independent record labels and musicians has been a tougher process since people are spending less and less each year on music purchases.
Independent Record Labels are continuing to grow despite any economic recession
The entertainment industry might have had slow spending trends due to tighter budgets, but the independent music label still pushes forward.
During this time of financial stress around the world where public spending on entertainment has suffered the past 5 years, there are some smaller independent record labels that will not stop the effort to continue to do what they love.
Take Upset Records an independent Hip-Hop/Rap record label based out of Denver, CO. with national distribution and global digital distribution. Since so many national chains have closed over the recent few years; such as Tower Records and Warehouse Music and Circuit City; the remaining chains with strong buying power have stopped placing orders for any artists except for those on top selling major labels with large marketing dollars to push sales. Even the largest recent releases whether from Eminem or Rick Ross are being released and sold by the major chains for Under 10$.
How can smaller distribution companies or record labels compete with that pricing? Upset Records corporate officers and recording artists have increased their own businesses to fund the label until the market improves. Ray Ray; an Upset Records Recording Artist with two new releases featuring artists like E-40; is the CEO of his own telesales company in Lakewood, CO. He employs approximately 50 people full time and just expanded to a 6k sq. ft. office and call center. When he is not in the office running the business, he is in the labels Recording Studio or promoting his new releases.
Even with newer additional revenue sources such as Ringtones, Music Video's and Digital Distribution through iTunes, Amazon.com, Napster and more, there is still a very slow buying trend when it comes to music.
About Upset Records
Upset Records is an independent hip-hop/rap record label in Denver, CO. With almost 15 artists on their roster and a catalog that has almost 15 albums from different artists and 6 already set to be released in 2011, this label will continue to push forward in this every tightening industry.
Media Contact:
Scott Richards
Faceless Technologies
Ph: 303-357-2375
Email: scott ( @ ) faceless dot us
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