Rachel Chinouriri.Chirs Burnett for BI; Lauren HarrisDespite the democratization of music in the streaming era, it's still very expensive to record an album.A veteran music lawyer said it can easily cost $250,000, while a Grammy nominee estimated $300,000.Although many artists are forgoing record labels, it's nearly impossible to become a superstar without one.It's no secret that artists yearn for creative freedom, and in recent years, musicians like Raye, Tinashe, Laufey, and Little Simz have opted to release their music independently instead of via the traditional major-label system.But that creative freedom comes at a price — literally.In Business Insider's new feature, "Want to make money as a pop star?
Musicians Are Increasingly Forgoing The Major-label System. The Problem Is That Most Can't Afford To.
cahlgrim@insider.com (Callie Ahlgrim), Business Insider
Tue, 11/26/2024 - 5:12pm
Topics: you would be about $300,000. what a devastating turn of events, i 000.although laufey dream atlanta grammys nadeska album 000."that london uk rca june grammy raye passman long problem afford cost money labels songs freedom superstar lawyer contract pop tag veteran people star told recoup producers sound manager costs key
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