This past morning, Paste Magazine had released a list of 14 musicians who have/had dropped contracts with record labels in hopes to create their own line.
The list includes: Kid Cudi, Cake, OK Go, Prince, Wilco, Gretchen Wilson, The Rolling Stones, And You Will Know Us By the Trail of Dead, RJD2, Jim James, Alkaline Trio, Oasis, White Strips and Nine Inch Nails.
From disagreements to expired deals, the musicians’ reasons for pursuing their own labels greatly varied.
In addition to the 14 mentioned musicians, Radiohead was spolighted for their job well-done on successfully releasing their music unconventionally.
“What we wanted was some control over our [master recordings] and how it was used in the future by them. That seemed reasonable to us, and we cared about it a great deal,” lead singer of Radiohead, Thom Yorke stated.
Finances seem to play a vital role in music careers. Whether musicians wish to pursue an already established label or create their own, the success of the band/musicians should be qualitative, not quantitative.