Business Practices
Ipecac is distinguished from most labels (independent labels included) by their policy of signing bands to only one album contracts. Werckman claims that "when starting our label we decided that it did not feel right to “own” the artists on our label. Instead we would rent or license records from artists that we liked."
"Lawyers or businesspeople call us morons for only doing one-record deals," Werckman scoffs. "They say, 'You're not really anything, then.' Well, we like our catalogue. We like the records we put out. Our bands aren't rushing away. Our job isn't to own any artist. We're here to put out the art that people create."
Low overhead and no video or promotional cost partnered with very little distribution costs allow for hearty royalties "Every six months I send those guys royalty checks," Werckman says. "It's great. It's the way it should be. Even bands that are very successful — when they get royalty checks from us, they're stunned."
Ipecac has offices in California.
Read more about this topic: Ipecac Recordings
Famous quotes containing the words business and/or practices:
“There is something in this native land business and you cannot get away from it, in peace time you do not seem to notice it much particularly when you live in foreign parts but when there is a war and you are all alone and completely cut off from knowing about your country well then there it is, your native land is your native land, it certainly is.”
—Gertrude Stein (1874–1946)
“To learn a vocation, you also have to learn the frauds it practices and the promises it breaks.”
—Mason Cooley (b. 1927)