A Involved With Label, Artist, Or Group Shout ?

[Mike]

a shout via contact us

hi guys...if you know of any labels or artists that put out their own

45's and are interested in selling your new releases to the store where I'm

a buyer

then please get in contact at this email address

nik.weston@juno.co.uk

from this website

https://www.juno.co.uk

We carry a huge selection of new and re issued funk /soul 45s including lots

of back catalogue plus new productions funky or soul related including a

huge freestyle records /jazzman /ace/BGP/Mocambo/Tramp/Funk 45/Fania/ etc

section plus lots of small independent releases as well as funk and soul

edits from all over the world including Japan/USA/Australia and Europe.

This is a link of the last 8 weeks of funk related releases for example

https://www.juno.co.uk/funk-reissues/eight-weeks/

I'm keen to get brand new 45s for sale on the site to keep the scene going

to save the vinyl cause so if you are a label or band that perhaps only

sells

at your gigs or via your website or perhaps doesn't have proper distribution

then please get in touch and I'll see what I can do.

Nik Weston - Buyer Juno Records

www.myspace.com/mukatsuku

[Guest Carl Dixon]

Hi Mike -

I am interested in having a chat with someone. Distribution is expensive and frankly for the number of pressings I may do, I would probably be better off selling the records off my own web site to save costs etc. One shop suggested I sell them wholesale for something like £2! I can see them retailing at something between £5 and £10 and that is what I pay my royalties on, not the wholesale price which creates issues for me. One distributer started off at 25%! That would not be so bad if I was moving 100,000 a week.

I tried ringing Juno, but there is never a reply.

[boba]

Hi Mike -

I am interested in having a chat with someone. Distribution is expensive and frankly for the number of pressings I may do, I would probably be better off selling the records off my own web site to save costs etc. One shop suggested I sell them wholesale for something like £2! I can see them retailing at something between £5 and £10 and that is what I pay my royalties on, not the wholesale price which creates issues for me. One distributer started off at 25%! That would not be so bad if I was moving 100,000 a week.

I tried ringing Juno, but there is never a reply.

aren't your royalites a fixed cost per CD or single, and not dependent on the specific sales price of the store? Moral issues aside, it would be a nightmare to base everything on what each individual stores ends up deciding to sell your items at.

[Guest Carl Dixon]

Boba -

the royalties are not fixed. And you are right, it is a nightmare. In theory I was going to sell the stuff direct and fix the price, but if any shops want to stock the product a wholesale and retail price are introduced which means the percentage of retail sales short changes me a little, however, with the amount I will be selling it will not be such an issue I guess. This whole project was based on trust and respect and I am learning much about the business. I am hoping that any income I generate after expenses on these 4 tracks will be allocated back to the States in the form of more sessions. It is unlikely I will ever recover my initial investment unless some sub license or synchronisation deal comes along. Then deals have to be renegotiated anyway if a movie uses the music, usually by another payment to the musicians, which in my book, is the right thing to do anyway. The Detroit session is my foot in the door. If things don't work out or I tie myself in too many knots, I will complete the Philly sessions and cease, if that makes sense. But at present, this is fun and very educational.

Thanks for your comments though. It is through the forums that I have done all this and the internet forums are still a great way of picking up info etc.

[Neil Rushton]

Boba -

the royalties are not fixed. And you are right, it is a nightmare. In theory I was going to sell the stuff direct and fix the price, but if any shops want to stock the product a wholesale and retail price are introduced which means the percentage of retail sales short changes me a little, however, with the amount I will be selling it will not be such an issue I guess. This whole project was based on trust and respect and I am learning much about the business. I am hoping that any income I generate after expenses on these 4 tracks will be allocated back to the States in the form of more sessions. It is unlikely I will ever recover my initial investment unless some sub license or synchronisation deal comes along. Then deals have to be renegotiated anyway if a movie uses the music, usually by another payment to the musicians, which in my book, is the right thing to do anyway. The Detroit session is my foot in the door. If things don't work out or I tie myself in too many knots, I will complete the Philly sessions and cease, if that makes sense. But at present, this is fun and very educational.

Thanks for your comments though. It is through the forums that I have done all this and the internet forums are still a great way of picking up info etc.

Carl,

The vast majority of record royalty rate deals these days are not based on retail price,, they are based on the labels' dealer (wholesale) price minus any discounts given away to the buyer (eg recod chain) to get the sales.. So say your dealer price is £3 and someone demands 25% discount to take stock in quantity,you pay your royalty on £2.25.

Say you are paying 20% royalty, then on above basis you would pay 20% x £2.25 = 45p per sale.

This is much more equitable in current market price than label paying on retail as you never get the retail price and with the discounts the big buys demand you don't often get 100% the dealer price!.

As an example that this is fair, in the UK the MCPS representing the music publishers/songwriters charge their royalty against dealer price, not retail, although it has to be on full dealer price, not after diiscounts.

For synch deals, it is usual for the label if it owns the master to have the exclusive rights to do the licence, but to split the income (say 50/50) with the artist - ie 50% of any advance you get is credited to the artists royalty account.

All the Best,

Neil

www.soulvation.biz.