LABELS DAMAGED OR NO

On 2008-03-13 09:55, Mike A wrote:
Detox, maybe the laws in Greece make it difficult, but in Israel you have this thing called "small business" if you hardly make any money, where you have to pay very little tax, dont have to have an office etc etc etc.
Once a year you go to the authorities, report to them what money you made and that's it.

On 2008-03-13 01:34, DETOX wrote:
For me discography is dead and expect really soon to see some of your favorite labels closing their doors,i had a chat with some people some time ago and the news are not good at all.

SHIVAGIRLLOVE wrote:
i already know 3 big 1s on the way

In order to built something stone by stone the ground beneath has to be strong and able to hold your structure,at the moment the psy trance market(the ground) cannot support the labels for many and various reasons which we can discuss in another topic,reasons like too many labels and artists around,people not willing to buy music when they can get it for free and many more which we can discuss somewhere else another time.

Also i dont know how it is possible to maintain a label just for fun purposes,i mean having a label is a great deal that demands lot of time,effort and ofcourse money,i dont know many people that can afford loosing 2-3 thousand euros every three months from each release just for fun

and thats actually the problem that started it all,people wanted to have labels but because they couldnt afford having a serious label with some serious music and make a serious positive impact on the scene

These "labels" destroyed all the serious labels in the market and destroyed the sales for everyone plus confused the people who dont know what to buy and what to not buy when they see 20-30 releases on a weekly basis.

i will share a story with you just to understand what i am talking about,when we released the Wizzy Noise album Sabotage we sold 2000 copies of it during the first two months of its release from which half went to Japan,after this time the cd was sold out everywhere from Psyshop to Saikosounds and from our local music stores to even Japan where Wizzy are a big name,although the people were asking for the cd noone was reordering,when i called to ask them why they dont reorder the answer i got back was "Sorry Mike but although there is high demand on the Wizzy cd it is now two months old and we cant buy more copies since we have to buy copies from the new releases otherwise we will have problems with the distribution networks and the labels who will sell their new releases to our competitors if we dont buy certain numbers from them".

On 2008-03-13 17:34, DETOX wrote:
Interesting info from Mike A and Colin but i dont know like Alias already mentioned if this "small business" practice applies to having a label where you are involved in international business and import/export activities,personally i doubt so but maybe they know better.

On 2008-03-13 16:27, Alias wrote:

i'm sure it's also in Greece!
however...the small business you talking about it's not related to "show business" and importexport relations.

i just can't explain it properly in english......i'm sure detox can explain it very well!

On 2008-03-13 23:12, Mike A wrote:

If you had a unique release, which doesn't necessarily has the best mastering and the best artists, you would have a bigger chance in selling since there is less competition. The number of potential buyers would be lower, since it is underground and not mainstream but you end up selling the same amount while investing less without compromising the quality much.