Craigslist-diving is almost as rewarding as apologies.com-diving or practically any other sort of web-diving. It's impossible to keep up with all of these windows into other worlds, and this sad fact, owing partly to my obsessive-compulsive temperament no doubt, provokes a constant, low-level sense of despair. Fortunately, I have spies everywhere (thanks Tris) and so am not doomed to miss absolutely everything.
This is a great one. Enjoy.
Posted by Dr. Frank at November 28, 2004 02:32 PM | TrackBackSo, Frank, you would know. Is it surprisingly cheap to start up a record label?
I have a few hundred dollars saved up. I was going to buy an Ibanez hollow body, but I might decide to just put out somebody else's record instead. Sounds easy.
Maybe this dude really does have an incredible instrumental album that just needs the right singer.
I get the impression that he thinks he's the next "Mutt" Lange searching for his Shania Twain. He forgot to add the part where he and his uniquely attractive singer end up making out behind a Denny's, while his demo sets the mood.
At least he has a dream.
Posted by: Tim at November 29, 2004 05:27 AMI would imagine that starting the business on paper would be relatively cheap, maybe only the cost of a filing fee. However, if you chose a C corp format, you'd face a lot of tax penalties if you wanted to dissolve it.
The real challenge would be arranging a stable of marketable musicians and albums, marketing them, and generating sales that would more than cover your expenses. Pushing all the costs out onto the desperate artists might be an effective way to control costs and retain more profits for yourself. But if you pissed anyone off and they wanted to sue you, you'd be S.O.L.
Making out behind the Denny's? I was more expecting to be "ba-ba-ba-ba-ba" lovin' it behind the McDonald's.
Posted by: Elizabeth at November 29, 2004 07:23 AM