A record label, also known as a record company, is a brand or trademark of music recordings and music videos, or the company that owns it. Record labels are responsible for coordinating the production, manufacture, distribution, marketing, promotion, and enforcement of copyright for sound recordings and music videos. They also conduct talent scouting and development of new artists, maintain contracts with recording artists and their managers, and manage the financial investment in the artists recordings, style, video content, tour promotion, and management. Essentially, record labels work to sell the brand of the artist and the products they create. They often finance the recording, mixing, and mastering of a musicians recordings and provide feedback and suggestions. Record labels may also own the master recording of a work and all associated sound recording rights, but agree to pay the artist(s) a percentage of net sales (royalties) .
In summary, a record label is a crucial entity in the music industry that provides financial, promotional, and developmental support to artists, helping them bring their music to the public and advance their careers.
