What Makes a Record Label Successful? (PODCAST EPISODE)

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In this episode of Other Record Labels, Scott delves into the intricacies of what makes an indie record label successful. Through interviews with various record label owners, Scott uncovers that there isn't a single formula for success; rather, it is a combination of multiple elements done exceptionally well. Each guest offers unique insights based on their personal experiences, highlighting the diversity of approaches in the indie music industry. Listen to new insights and opinions on what it means to be a successful record label from Beggars Group, Minaret Records, Moderna Records, Kiam, and more!
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[@collectionctr]

I really feel like Kelefa Sanneh and Moderna Records spoke to me the most in this Episode:
Kelefa says that
- Labels don't necessarily have to have an Identity
but also that SOME labels, especially independent labels
-Independent Labels are often the starters in the process of a Musician's Career, giving them the groundworks and building blocks.
-One of the most important things labels can do is the idea that "We're all listening to Everything" He follows up by giving an example: "if you're 'plugged in' to extreme metal in Europe, you can only get that from living, breathing, and working in that world" .
oh and of course,
- An Independent label is not the path towards riches, but Labels Should specialize and "get waist deep into some world"
- In short, he says that working as a Label deeply invests yourself into a scene.
Moderna:
- A Record Label Needs to Stay Relevant
A Label should gather artists and musicians together and create a "Scene", a connected universe for people to discover
- Moderna Records was running for 4 years before they even started "streaming placements", making very little money, but continued the label, and artists discovered one another and became deeply connected with each other and Ingrained themselves into the scene, even outside the Label.
There's a lot more they say, but these are some Essential Takeaways I feel resonate strongly with me.

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love it!