One direction got signed with Simon Cowell's record label Syco Records, which then joint as a US deal with Columbia Records.
The sorts of artists that the label specialises in are:
- Olly Murs
- Susan Boyle
- Union J
- Little Mix
- Fifth Harmony
Target audience: Female 18-24
Merchandise/ ancillary products:
- curtains- single panel duvet
- Album (CD)
- T shirts
- Bracelet
- Slippers
- Scarf
- Perfume
- Bags
- Calendar
- Mugs
- Watch
- Hat
You can purchase the music by going to 'snap' and then click 'music'. One direction became famous on the X Factor 2010. The boys auditioned separately, neither of them got through so Simon and the judges decided to turn them into a group (he saw potential in them).
They staged on the 3rd place. Their first song was- 'what makes you beautiful', they became really famous: 681,561,822 views.
It sold more than 130,000 copies on it's first week.
Lanterns on the Lake
Record label : Bella Union
Artists:
- Abe Vigoda
- The Dears
- Beach House
- Fionn Regan
- Snowbird
Genres:
- Indie rock
- Folk
- Hip Pop
- Space rock
- Dream Pop
Ancillary products/merchandise:
- T shirt
- A3 prints
- CD album
- Bags
Advantages of being signed to an independent label:
- No force behind you making you release to albums, freedom to be creative when you want.
- Little financial backing as there is no label behind you.
- Everything needed to create, edit, publish and distribute it is now commonly available to the public to have in their own home.
Advantages of being signed to a mainstream label:
- The big labels will have many subsidiaries of other labels that they have bought out. This Horizontal Integration increasing the market share of a company within an industry.
- High quality records
- Pro- advertising
- Tours
Disadvantages of being signed to an independent label:
- unlikely spending money front
- unlikely recording in million dollar studios
- unlikely to work with a world- renowned producer
Disadvantages of being signed to a mainstream label:
- When you sign onto a major label , they own you as an artist for the duration of the contract. They will have complete creative control over your music and image.
- They will tell you when and where to be somewhere.
- They will own your music forever
I believe that having merchandise and ancillary products is really important, this would allow more brand awareness for the artist/band. More consumers would be interested in them, which it would create more sales and profit.
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