Starting a record label is an exciting opportunity for anyone with a passion for music. However, to run a successful record label, there are essential equipment and technology needs that must be met. As the digital age continues to dominate, the record label must keep up with technological advancements to remain relevant. If it is partnered with careful planning and a record label business plan, no doubt in achieving success for the business.
Starting a record label requires a certain level of technological infrastructure to help keep the business running smoothly. Music Ally conducted a study which found that 54% of revenue in the music industry last year was from digital music sales. This indicates that having computer skills is crucial for running a profitable record label. Using computers can help with various tasks involved in running a record label, like managing finances, marketing, organizing and cataloging recordings, creating albums or single artwork, scheduling meetings and events, and more. The following are the different types of computers and equipment required when starting a record label.
Computer
In order for each record label to manage its music library, make contractual documents, create album cover designs, and deal with other areas, it needs an essential tool. It is important to consider the performance, reliability, and ability to use a number of applications when selecting your computer. A MacBook Pro’s the best option to set up a record label. It has excellent strength, security, and reliability that can be used for music production as well as other tasks.
Audio Interfaces
To produce high-quality audio recordings, you need audio interfaces. These tools convert analog audio signals to digital signals that your computer can work with. Audio interfaces have a variety of sizes and shapes, each with its own capabilities. But preference should be given to devices with good mic preamps and excellent sound quality. Options that you can take advantage of are Apollo Twin, Focusrite Scarlett, and Audient iD.
Studio Monitors
The use of studio monitors is essential in order to obtain accurate and clear sound during the making of music in a recording studio. There are many sizes, shapes, and qualities of studio monitors. So factors such as smooth response, bass accuracy, and clarity must be taken into account when selecting a suitable instrument. Yamaha HS5, JBL Professional 305P Mk II, and KRK RP5 are some of the options you can choose from.
Digital Audio Workstation
You can create and edit digital audio via Digital Audio Workstation, DAW. It’s a very important tool for the production and mixing of music as well as to master it. Factors such as compatibility, plug compatibility, user-friendliness, and audio quality need to be taken into account when selecting a DAW. Ableton Live 10, Pro Tools, and Logic X are some of the possibilities you can take into account.
MIDI Controller
MIDI controllers are essential tools in music production because they allow you to create music using virtual instruments and sequencers. They are made in various sizes, shapes, and quality. However, when selecting the right MIDI controller, account should be taken of factors such as keyboard size, key quality, and connection options. The NovationLaunchkey, Akai Professional MPK Mini, and M.Audio Keystation are some of the options that you should take into account.
The Record Label During Trying Times
In the past, physical music sales and live shows were crucial for success, but with social distancing guidelines, labels have had to focus more on digital platforms and streaming services. Consequently, recording sessions and promotional tours have either been temporarily suspended or changed to allow remote access. Furthermore, artists have increased their dependence on digital platforms including social media promotions and live-streaming performances to market their art. These transformations showcase how rapidly the industry has progressed during the past year to persevere through challenging circumstances.
John Smith, the owner of a record label business, said, “The pandemic has allowed us to change our business direction and attract new listeners. We have concentrated on generating digital content to provide our fans with access to our music during these challenging times. We have also transitioned to using more online tools to simplify our activities, such as cloud storage for music projects and video conference systems for meetings.”
If you’re starting a record label, it’s important to have the right technology and equipment to be productive and succeed. In order to ensure excellent music production quality and complete success, the choice of reliable hardware and software tools is essential with such a wide range of options available. Keep in mind that the technology and equipment you choose now can have a significant impact on your record label’s future success.
