New Channels of Music Distribution

11Company Structure

Having a solid business structure and platform is the underlying foundation of any company.

Understanding the Right Company Structure

In setting up a record label, the key to your success is longevity, and part of that success is understanding the pros and cons of which type of company structure will best fit your record label. Let’s examine the advantages and disadvantages of forming a corporation.

A corporation is defined as a legal entity or structure created under the authority of a state’s laws, consisting of a person or group of persons who become shareholders. The entity’s existence is considered separate and distinct from that of its members. Like a real person, a corporation can enter into contracts, sue and be ...