Downtown: You’re Going To Be Alright Now

There’s a neat profile of Downtown Records, the label home of Gnarls Barkley, Justice and the Cold War Kids, in today’s LA Times.

It looks at how the label and its publishing subsid co-exist as well as a focus on rcrd lbl, its music-blog-turned-online-arm.

The self-described “major indie” is certainly turning a tidy profit, with gross revenues north of $25 million annually, according to industry sources

In an era when radio airplay is hard to come by — but when the quantity of songs licensed for television and the movies has gone through the roof — Downtown signs every one of its acts to publishing sharing agreements. For now, this lucrative infrastructure remains unique in the industry, insofar as most labels gave up the practice of demanding publishing during the Age of Aquarius.

LA Times

Published in: on July 25, 2008 at 10:18 am  Leave a Comment  
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