How to build an LLC For Music Artists & Record Labels

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  • Опубліковано 29 вер 2024

КОМЕНТАРІ • 389

  • @danyavilaoficial
    @danyavilaoficial 2 роки тому +257

    Coming from the music biz and been taught by an A&R Director himself (my mentor) I can say that your channel IS on the TOP 3 I daily use to learn more and get inspiration. THANKS A LOT

    • @jaaykam8487
      @jaaykam8487 2 роки тому +3

      Who are the other 2 channels youd recommend

    • @danyavilaoficial
      @danyavilaoficial 2 роки тому +1

      Damián Keyes is one

    • @tonywhite5610
      @tonywhite5610 2 роки тому +1

      I'm not a rapper or anything still useful

    • @andreimitrica77
      @andreimitrica77 Рік тому +4

      We’re all gonna make it big

    • @datsva4ya
      @datsva4ya Рік тому

      The song peace on peace on my page you would approve!

  • @LoganSlash011
    @LoganSlash011 3 роки тому +4

    Great content! Blessed to have you on UA-cam.

  • @Ondeckboy
    @Ondeckboy 2 роки тому

    Best channel ever 😂 much love from South Africa

  • @Badgalvevo
    @Badgalvevo Рік тому

    Thank you!

  • @goldmindempirebillionairem4037

    thank you..

  • @Gohvany
    @Gohvany 2 роки тому

    This is great , thank you

  • @tazrealright
    @tazrealright Рік тому

    ☝🏾

  • @chikaayo8904
    @chikaayo8904 2 роки тому +39

    you'd definitely learn a lot more on your second watch

  • @YEIMUSICHANNEL
    @YEIMUSICHANNEL 3 роки тому +81

    I can tell you that thanks to YOU my life’s about to change and my catalog ( which hasn’t been promoted nor organized in 15 years ) on it’s way to earn passive income for me and my daughter. This Channel is like a University and im sorry to say ( although you deserve a Nobel price ) that is a GEM only the ones who have fought and experienced the pains of being an independent artist should have access to jajajajajja Thanks Man, i can tell you right now that i was about to create an LLC to run everything from there so… You are one special human being my friend, also a guy that knows the drill better than a LOT of people working for the “ industry” whatever that means .

    • @MusicMoneyMakeover
      @MusicMoneyMakeover  3 роки тому +6

      Wow Thank you man I appreciate this!! Take you time with the LLC and this type of structure it takes time to build it out.

    • @Breezy-is4gu
      @Breezy-is4gu 3 роки тому

      ua-cam.com/video/4dt_LnavKd0/v-deo.html
      3rd

  • @inthebackyard7543
    @inthebackyard7543 3 роки тому +20

    Thanks King for the video Devine timing ❤️
    Everyone watching MMM will prosper and leave legacy of music 🎵 music is the revolution!
    One love ❤️ to all!

  • @SaintGiablo556
    @SaintGiablo556 Рік тому +15

    Incorporating a infinite banking system while structuring a record label! Is genius! I appreciate this information king!

  • @TonyTtheProducer
    @TonyTtheProducer 2 роки тому +15

    Perfect info bro. I've been funneling all my music income streams into one account, Publishing, Label, Studio, Concert gigging. Im glad you broke this down. Ive been looking into creating a holding company. Thanx again

  • @soundwave55
    @soundwave55 3 роки тому +14

    Perfect timing, I've been studying this Holding Company business structure for some weeks now 💪🏾💪🏾

  • @datthangproductions4237
    @datthangproductions4237 3 роки тому +14

    Exactly what i said when i seen this.. PERFECT TIMING. JUST started business too. Much love bro

  • @lamonth9019
    @lamonth9019 2 роки тому +16

    Thank you for all of the info you give us with these videos. Very clear breakdowns every time 👏🏾

  • @warrior6588
    @warrior6588 3 роки тому +17

    Very thankful UA-cam recommended me this haha, but on a real note this is life changing, you answered so many questions, thank you for what you’re doing 🙏🙏

  • @foto21
    @foto21 2 роки тому +10

    I've been looking through these videos for 6-12 months now, and this is the most detailed one I've found. I think the other ones held out on the structure you outlined because that's what they drop when you hire them. You must be an actual lawyer, and if not, congrats on the knowledge.

  • @marcuswade2527
    @marcuswade2527 2 роки тому +7

    Would you be able to do a video on how each one of the companies that you have placed under the Parent company are supposed to be doing and how they are suppose to run in conjunction with each other and the parent company.

  • @jongdonglu
    @jongdonglu 2 роки тому +6

    Could you explain the difference between public performance and public display rights from the copyright explained section? isnt a public performance also a public display of the work?

  • @108finanacialsolutions9
    @108finanacialsolutions9 3 роки тому +3

    I made a Publishing llc first but it’s names …. Blank “Records llc” should I still “DBA” a record label or new llc?

    • @MusicMoneyMakeover
      @MusicMoneyMakeover  3 роки тому +1

      Ahhh if you're making under 12-13k a yer you can do a dba anymore than that put it in a new llc.

  • @ocmbuisness6468
    @ocmbuisness6468 Рік тому +1

    what about the Codes for each indiuvial entities ID Ex NAICS

  • @CurtisRichie88
    @CurtisRichie88 3 роки тому +5

    Bro you need to be teaching at Clark Atlanta or something

  • @misterandersondesigninquir9182
    @misterandersondesigninquir9182 3 роки тому +7

    Broke it all down very concise. Valuable Knowledge I will use with my startup LLC. Thank you.

  • @BurritoBrooks
    @BurritoBrooks 3 роки тому +5

    "Don't call it Parent Company Records" 😂

  • @KyngKenobeOfficial
    @KyngKenobeOfficial 2 роки тому +2

    I'm a recording artist i pay for my studio time video shoots distribution etc. When I purchase what should I name it 🤔

  • @akinganderson6639
    @akinganderson6639 2 роки тому +3

    So would the parent company be started through a trust? This video was super informative and very anti gatekeeper energy

    • @MikecreditcareonINSTAGRAM
      @MikecreditcareonINSTAGRAM 2 роки тому

      Getting a loan at this time can be stressful but with the above channel you shall get yours ..... My bro got his child support fund's and medical $88k catered for with this same.channel above had a great review with him working on my family's financial situation and that's the page above drop your review after working with him send a dm on IG probably one of the best in that area.......

  • @TheBladen
    @TheBladen 6 місяців тому +1

    I have a question. If I register a trademark for an artists name (their rap name etc.) Do I need to register that with the Record Label LLC or the Parent Company? And if it has to be the record label, can I do it while the record label is still a DBA?

    • @MusicMoneyMakeover
      @MusicMoneyMakeover  6 місяців тому

      Only put it in the LLC if the label belongs to you as an artist. DBA's will not give you protection against the Trademark. So, you're better to just put it in your name and change the ownership status later.

  • @snow1love1
    @snow1love1 2 роки тому +1

    Hi I am not sure if I should be starting this kind of LLC? I am not directly the artist. I want to promote the artist in all of these areas you mention under the umbrella.. I want to do all the work for the artist, publishing, collecting royalties under an LLC, brand, merchandise, touring, Record. Can I set it up in the same way and do all this for the artist for a fees. What would it be a promoter, Record company? Should I be following this video or looking at something else.

    • @MusicMoneyMakeover
      @MusicMoneyMakeover  2 роки тому

      Yes you can but you should not attempt this with anew artist if you've never done one and successfully grew one company! This is an advanced strategy.

  • @YungStreetPoet
    @YungStreetPoet 2 роки тому +5

    This is the biggest help I think I’ve gotten on this topic and I wasn’t even looking for this exactly. Definitely worth a sub! 💯

  • @perfectcell6785
    @perfectcell6785 2 роки тому +1

    I have question. I’m a producer but want to start building my company.. Right now I’m trying to protect my personal name by DBA my producer name. How does that work if I want to create a label being the CEO & producer of it ? Am I DBA my producer name or label

  • @Sylintlyfe
    @Sylintlyfe Рік тому +1

    Sorry if I'm not picking up the information completely but where does an llc for the music artist come in? As an artist should I start with creating my own record company?

    • @fatalbook
      @fatalbook 5 місяців тому

      If you have the money for the annual fee , can build a brand and business strategy , know who you’re targeting as an audience.. then yeah start the LLC. Only if these aforementioned traits are checked off.

  • @YKAYNJ
    @YKAYNJ 3 роки тому +3

    💎💎💎 #game.. 🤔 can we get a breakdown on the payment process & safe approaches dealing with W-9s,etc business checking/routing# ?

    • @32kirby32
      @32kirby32 3 роки тому +1

      With LLC you can get a business checking account. And then you can have a payroll company, directed by you, send money from business checking to you or your artists/ employees. This payroll conpany is pretty cheap but will handle your w-9 to employees, give you pay stubs, and has a digital process for new employees to enter social security and handle federal and payroll taxes for you

    • @MusicMoneyMakeover
      @MusicMoneyMakeover  3 роки тому

      I second this!

  • @justcallmescoobie
    @justcallmescoobie 3 роки тому +5

    Thank you for teaching dawg I really appreciate your videos

  • @randellroyalistimpactent.4494
    @randellroyalistimpactent.4494 2 роки тому +4

    I really appreciate all the knowledge from these videos.

  • @7seven315
    @7seven315 Рік тому +1

    Can you make this and be the only artist on the label? I’m a independent artist. Can I start all this specifically for me and me only?

  • @AdrianMoseley
    @AdrianMoseley 2 роки тому +3

    For artists that perform across the US(Ex: Touring), do you need to set up your LLC as a foreign LLC in those other states you perform?

  • @angieearvin4684
    @angieearvin4684 3 роки тому +8

    As always thank you for dropping gems!!! This break down was everything!!!

    • @MusicMoneyMakeover
      @MusicMoneyMakeover  3 роки тому

      Glad you enjoyed!

    • @TheJokerandTheJean
      @TheJokerandTheJean 2 роки тому

      @@MusicMoneyMakeover new to this channel. But I want to make my own music, can you help in any ways?

  • @realhunnits3352
    @realhunnits3352 2 роки тому +4

    your narrative is a blessing to run across and your communication skills are well put together .... impressed !!!!! will be keeping you in daily rotation

  • @kenlawrence6716
    @kenlawrence6716 2 роки тому +2

    23:48 is this setup how Quality Control (QC) is moving with their artist?

  • @GamaheaMusic
    @GamaheaMusic 5 днів тому

    Imagine having 109,000 contacts on your phone. 🤣 I'm stoked just to have 10 subs on my channel with no content yet uploaded.

  • @cadethatdude85
    @cadethatdude85 2 роки тому +4

    Very clear and concise. Exactly what I was looking for. Subscribed

  • @GamaheaMusic
    @GamaheaMusic 5 днів тому

    Every video on this channel is insanely useful and informative. Thank you for making them, and thank God I found them. 💯❤‍🔥

  • @TSnippo
    @TSnippo Рік тому +2

    W

  • @bothsidezmwezzy
    @bothsidezmwezzy 2 роки тому +1

    if i dont have a LLC for a publishing company right now, is it still smart to have a name in mind? and have a paper-trial flowing even if im using it as a DBA?

  • @orlandoyork2587
    @orlandoyork2587 2 роки тому +2

    Do you have a video where you break down the benefits of an artist having a Merch store? I ask because this is my situation but I feel like I can be doing far better numbers.

  • @3rdeyerelaxation550
    @3rdeyerelaxation550 2 роки тому +3

    I’m So Glad I Found Your Video, I’ve Been Working On A Business Plan And It’s Been A Struggle.
    This Was So Helpful. Great Roadmap!

    • @MusicMoneyMakeover
      @MusicMoneyMakeover  2 роки тому +1

      Glad it was helpful!

    • @3rdeyerelaxation550
      @3rdeyerelaxation550 2 роки тому

      Can You Do A Video On How To Put Your Parent Umbrella LLC Into A Written Business Plan? I'm Starting From Scratch With An LLC, I'm An Entertainer And Music Artist With A Merchline. I Haven't Been Sure On How To Break That Down Into A Written Plan. I Won't Be Signing On Any Artist, Just My Own Music, So Is The Record Label LLC You Mentioned Needed? I Know My Merchline Would Be Considered As A Subsidiaries.

  • @XodinBlood
    @XodinBlood Рік тому +1

    Hey man, I think it would be nice you created video on creating a llc. There's a lot of things involved, and could cost a lot money in regards to getting a registered agent, and ein and all that. I presume you have it in you book which I plan on buying.. I'm trying to create my LLC and legal zoom trying to upcharge me up to almost up to 500.

  • @LilTaRusmusic
    @LilTaRusmusic 2 роки тому +1

    Would you sign a artists structure like this to your structures recording company and publishing company? When signing artist

  • @Redarmywhorah
    @Redarmywhorah 2 роки тому +2

    Damn this is a level of game that really is about to change my life

    • @MikecreditcareonINSTAGRAM
      @MikecreditcareonINSTAGRAM 2 роки тому

      Getting a loan at this time can be stressful but with the above channel you shall get yours ..... My bro got his child support fund's and medical $88k catered for with this same.channel above had a great review with him working on my family's financial situation and that's the page above drop your review after working with him send a dm on IG probably one of the best in that area.......

  • @sicklyinkproductions3567
    @sicklyinkproductions3567 2 роки тому +1

    How can I get business funding to purchase the equipment after I start my LLCs? I am starting a Holding LLC, a record label LLC, and a Publishing LLC all at the same time. I will eventually add DBAs for some of the other entities. I have a Degree In Entrepreneurship and know how to make some decent budgets, but I just don't know how to start funneling credit and funding through the businesses. I have a list of equipment I want to purchase to start making my own music. Do you have any videos on that?

    • @SpaidSos
      @SpaidSos 2 роки тому

      Do you need help with distribution?

  • @frednotes305
    @frednotes305 Рік тому

    If I have a recording studio, sell merchandise, & want my record label as 3 businesses under 1 umbrella do I need 3 separate LLC’s? On streams should my company read LLC or Inc or Records?

  • @mrmista5006
    @mrmista5006 3 роки тому +1

    2 for 2.. You are a man of your word.. You said you were dropping these gem when I text you..💯 I really appreciate this..🚨🚨🚨🚨🚨🚨🚨🚨

  • @alexbroking9252
    @alexbroking9252 Рік тому

    Bro , llc are flow through entities. They dont get taxed.
    The parent company will & thats where u do payroll.
    Take distributions from your llcs if needed but that money is used to re invest and keep business going .
    Bills . Etc etc
    Keep self employment tax in mind

  • @kid_rajah
    @kid_rajah 2 роки тому +1

    CDBaby is not part of the Big 3. You can be independent using the service.

    • @MusicMoneyMakeover
      @MusicMoneyMakeover  2 роки тому

      Cool

    • @MikecreditcareonINSTAGRAM
      @MikecreditcareonINSTAGRAM 2 роки тому

      Getting a loan at this time can be stressful but with the above channel you shall get yours ..... My bro got his child support fund's and medical $88k catered for with this same.channel above had a great review with him working on my family's financial situation and that's the page above drop your review after working with him send a dm on IG probably one of the best in that area.......

  • @laurenv1223
    @laurenv1223 4 місяці тому

    Casey you are absolutely the shit! Thank you so much for this and allllll your other awesome videos and info!!!

  • @the.real.novatic1
    @the.real.novatic1 3 роки тому +1

    So let's say I have a structure like so: Hot Stuff is my record company, can the publishing company, the touring company, the merchandising company, & brand endorsement company all be branded as Hot Stuff but they just are shown to be different sectors or do they need separate names? The parent company would be Blazin Core. Oh and what if Blazin Core was also the distribution company, (like Def Jam is under Universal Music Group) How does that work?

  • @J1hunnitL4E
    @J1hunnitL4E 3 роки тому +3

    damn this was such a vital video to any creative great way to keep us thinking

  • @kenlawrence6716
    @kenlawrence6716 3 роки тому +1

    7:52 is this ULtimate Company Setup template/diagram in your book: "The Musicians Guide To Self Publishing: The Start-Up"?

  • @criticalthinker907
    @criticalthinker907 3 роки тому +2

    Hey could you do a video explaining the *W-9* form for *SoundExchange* also
    Please !
    Thank you 💗🌹💗

  • @GNovaSound
    @GNovaSound 2 роки тому +3

    💎 Great information! 💎

  • @somethingdifferent4u247
    @somethingdifferent4u247 3 роки тому +2

    Excellent video. Very informative and helpful. Thank you for posting this video 👍😊

  • @PureCaneENTKYRadio
    @PureCaneENTKYRadio Рік тому +1

    i make beats in one name and record under a different one

  • @Notafeministpodcast
    @Notafeministpodcast 3 роки тому +2

    Is it possible to possibly sign with a small label but under your own ent project/company?

    • @MusicMoneyMakeover
      @MusicMoneyMakeover  3 роки тому

      Yes it sure is. However, the talent still has to render the services.

  • @cieloame2705
    @cieloame2705 2 роки тому +1

    Smh in agreement with having done separate llc's early . Had to pay more to keep them afloat . Good ep. tho .

  • @FiderePascale
    @FiderePascale 3 роки тому +2

    This BIGG Brotha vibes, fr.
    Thanks!

  • @Lödeddiper364
    @Lödeddiper364 9 місяців тому

    Ok so you'll have to create separate LLCs for those different positions right?

  • @williamortiz4415
    @williamortiz4415 2 роки тому +1

    What if I just want to have a LLC but only to write music and create beats? Do I need to create a record label or another type of company?

  • @trippymfg
    @trippymfg Рік тому

    would you sign to your label or would you just release your music as your label? im an artist tryna figure out if I should copy right and form a llc under my personal artist name as well

  • @getkraken8064
    @getkraken8064 5 місяців тому

    How come they still call them record labels when they haven't made records since forever?

  • @ovkmusic199
    @ovkmusic199 Рік тому

    Im watching 👀 now

  • @marjientertainmentllc
    @marjientertainmentllc 3 роки тому +2

    good business map thank you for sharing

  • @SoulitaireRecordsOfficiel
    @SoulitaireRecordsOfficiel 3 роки тому +3

    wowww this is dope ASFFFFFFFFFFFF Thanx brother

  • @gordonshumway8190
    @gordonshumway8190 3 роки тому +2

    Notification gang

  • @ReubenWalton
    @ReubenWalton Рік тому

    Why do you have to not put Records or Publishing at the end of the parent company name? Does it affect what you can get as far as grants or loans or something if the bank knows it’s a record company?

  • @Kyle_almighty1
    @Kyle_almighty1 Рік тому

    Damn man this shit confusing. I appreciate u trying to break it down for us tho.

  • @KevTheAllstar
    @KevTheAllstar 2 роки тому +2

    Thanks for these gems

  • @Slickshadyy
    @Slickshadyy 3 роки тому +4

    Appreciate the info those who truly want it will definitely succeed

  • @Gordonhermederme
    @Gordonhermederme Рік тому +2

    This man is providing an essential public service.

  • @Fessa432
    @Fessa432 3 роки тому +1

    How can it possibly be thumbs down on this lol people crazy ...

  • @justinmills1731
    @justinmills1731 3 роки тому +3

    Great video!!! Thank you!! Question, should the artist/performer get an LLC on their stage babe also?
    As when they are starting out.
    Thanks for your time.

    • @MusicMoneyMakeover
      @MusicMoneyMakeover  3 роки тому +5

      A Trademark is what you're looking for when it comes to your name

    • @justinmills1731
      @justinmills1731 3 роки тому

      @@MusicMoneyMakeover excellent, thank you very much!!

    • @lildudefromky
      @lildudefromky 2 роки тому

      @@MusicMoneyMakeover correct! But say , I already have a dba for my name , would it be best to get an LLC for that name or a separate LLC while keeping that dba as a sole proprietor ?

  • @dross0123
    @dross0123 Рік тому

    What video do you talk about electing S-corp?

  • @therecipe2618
    @therecipe2618 3 роки тому +3

    I needed to hear this, always plain English explanation super simple.

    • @MusicMoneyMakeover
      @MusicMoneyMakeover  3 роки тому

      Glad it was helpful!

    • @therecipe2618
      @therecipe2618 3 роки тому

      @@MusicMoneyMakeover imma try to hit you up tommorw, I'm really trying to be that person that made some cheddar with you.

  • @acidianhaywood7433
    @acidianhaywood7433 Рік тому

    So if ur an artist how do you protect the artist name and everything??

  • @dextercheatham1562
    @dextercheatham1562 2 роки тому +1

    This information was very helpful

  • @douglaz2053
    @douglaz2053 2 роки тому

    In Canada we don't have LLC's. So what do we do instead, Sole proprietor business?

  • @PSWoah
    @PSWoah 3 роки тому +1

    So should the parent company be a LLC or a Corporation

  • @kingtutthedongodfather
    @kingtutthedongodfather 2 роки тому +1

    This is top Quality information ! I highly appreciate you dusting off some of my jewels i dropped along the way 🙌🏾 looking forward to Giving you some Reputable credit some where on my projects

  • @ARTofKeonXavier
    @ARTofKeonXavier 3 роки тому +1

    Not going to lie listening to this information had me scratching my head but all things possible thru God

  • @olliwest7341
    @olliwest7341 3 роки тому +3

    Perfect timing brother. I'm going to reach out for some consultation. I know your time is money and I will respect that

  • @CMGInternational
    @CMGInternational Рік тому +1

    I wish you were an attorney

  • @keithpowell5336
    @keithpowell5336 Рік тому +1

    Great content! Though I do think for my own goals, I am going to go with just one LLC for myself. However, if things magically turn for the best or I decide to expand my goals, this gives the perfect roadmap to make that happen :)

    • @In3rG
      @In3rG Рік тому

      What's helpful about having more then 1 llc is the fact you can open multiple banking credit accounts under each one. But you can only do this once the llc is 2 or more years old. So even if you feel don't need right now, maybe you'll never get around to needing or using em, but in case you do having it already there and in the system having been around for x amount of years is only going to benefit you. Highly worth the 10$/ llc opening

  • @HoodGentlemen206
    @HoodGentlemen206 3 роки тому +2

    Thank Goodness, time to learn

  • @melidarican
    @melidarican Рік тому

    I’m sorry but he speaks so slow but super fast while reading 📖 😂😂😂other than that I appreciate the information ℹ️

  • @t33j801
    @t33j801 5 місяців тому

    Great stuff thank you very much

  • @amar3733
    @amar3733 3 роки тому +1

    1:36 I’ma let the world know

  • @RizzyRenzo
    @RizzyRenzo Рік тому

    I've been watching a lot of your videos. I do want to Set up my LLC. The question is, If my First company has Entertainment after the name, can I, or is it smart to open the Umbrella company later when im ready with Generic name. Or is that Backwards. Looking for clarification to be honest.

  • @AcesizOfficial
    @AcesizOfficial 3 роки тому +2

    🙌🏽🙌🏽🙌🏽

  • @Badgalvevo
    @Badgalvevo Рік тому

    Big question!!!!
    What ADDRESS do you use for your LLC in creating a record label?

  • @imperialmusicentertainment9581
    @imperialmusicentertainment9581 11 місяців тому

    And your digitam marketing agency llc

  • @ayanaali546
    @ayanaali546 2 роки тому +6

    Thank you! I knew I want to have multiple operations branches but didn't know about creating a parent/umbrella company. Now I feeling like I'm working backwards, but it's worth it.