Independent Record Label
Independent labels and artist-run imprints
Releases from demo to street date, artist deals, recoupment and royalty statements.
Use this templateIndependent Record Label
Start here: how the label runs
Dashboard
The eight weeks before release day
Royalty statements and recoupment
Artists
The roster: each act's deal, advance, what they have earned and whether the advance is paid back.
| Artist | Roster status | Genre | Deal | Artist share (%) | Advance (USD) | Manager |
|---|---|---|---|---|---|---|
| Marlowe Finch | 50 | $8,000 | Dana Oyelaran | |||
| The Velvet Understudies | 50 | $12,000 | Caspar Lindgren | |||
| Kaito Brennan | 60 | $5,000 | Self-managed | |||
| Sunroom Static | 50 | $0 | Priya Halloran | |||
| Ophelia Marsh-Ndiaye | 50 | $6,000 | Rafael Duarte | |||
| Greywater Choir | 85 | $0 | Hanne Solberg | |||
| Lupe and the Lanterns | 50 | $4,000 | Tomasz Rivera |
Releases
Every single, EP and album from accepted demo to release day, with its catalogue number, budget and first-month numbers.
| Release | Stage | Format | Artist | Catalogue number | Release manager | UPC |
|---|---|---|---|---|---|---|
| Harbor Lights | Released | Marlowe Finch | LT2611 | Jonah Petrakis | 860012400241 | |
| Cheap Seats Forever | Released | The Velvet Understudies | LT2614 | Jonah Petrakis | 860012400272 | |
| Paper Lanterns | Released | Marlowe Finch | LT2618 | Jonah Petrakis | 860012400296 | |
| Coldframe | Released | Kaito Brennan | LT2620 | Jonah Petrakis | 860012400302 | |
| Lowland Hymns | Pitching | Greywater Choir | LT2616 | Mireille Dubois-Grant | 860012400289 | |
| Glasshouse | Pitching | Sunroom Static | LT2623 | Jonah Petrakis | 860012400333 | |
| Afterhours Grid | Delivered to distributor | Kaito Brennan | LT2621 | Jonah Petrakis | 860012400319 | |
| Small Hours | Artwork and metadata | Ophelia Marsh-Ndiaye | LT2627 | Jonah Petrakis | — |
Release costs
Mastering, pressing, artwork, PR and video, each tied to a release, with what is recoupable from the artist.
| Cost | Status | Release | Category | Vendor | Amount (USD) | Recoupable |
|---|---|---|---|---|---|---|
| Harbor Lights mastering | Paid | Harbor Lights | Riverbend Mastering | $900 | Yes | |
| Harbor Lights 500 vinyl, black | Paid | Harbor Lights | Cascade Pressing Works | $4,600 | No | |
| Harbor Lights cover and jacket | Paid | Harbor Lights | Ilse Vandenberg Studio | $1,200 | Yes | |
| Harbor Lights press campaign | Paid | Harbor Lights | Northlight Publicity | $3,500 | Yes | |
| Harbor Lights college radio | Paid | Harbor Lights | Tall Grass Radio Promo | $2,400 | Yes | |
| Cheap Seats 300 vinyl, clear | Paid | Cheap Seats Forever | Cascade Pressing Works | $3,100 | No | |
| Cheap Seats press campaign | Paid | Cheap Seats Forever | Northlight Publicity | $2,200 | Yes | |
| Cheap Seats mastering | Paid | Cheap Seats Forever | Riverbend Mastering | $650 | Yes |
Royalty statements
What each artist earned per accounting period, sent and paid, which pays back their advance.
| Statement | Status | Artist | Period ends | Net receipts (USD) | Artist share (USD) | Paid on |
|---|---|---|---|---|---|---|
| Marlowe Finch, statement 7 | Paid | Marlowe Finch | Jul 13, 2026 | $7,200 | $3,600 | Aug 12, 2026 |
| Marlowe Finch, statement 8 | Sent | Marlowe Finch | Oct 11, 2026 | $12,080 | $6,040 | — |
| The Velvet Understudies, statement 5 | Paid | The Velvet Understudies | Jul 13, 2026 | $6,400 | $3,200 | Aug 11, 2026 |
| The Velvet Understudies, statement 6 | Sent | The Velvet Understudies | Oct 11, 2026 | $7,960 | $3,980 | — |
| Kaito Brennan, statement 3 | Sent | Kaito Brennan | Oct 11, 2026 | $3,583 | $2,150 | — |
| Ophelia Marsh-Ndiaye, statement 11 | Paid | Ophelia Marsh-Ndiaye | Jul 13, 2026 | $6,200 | $3,100 | Aug 13, 2026 |
| Ophelia Marsh-Ndiaye, statement 12 | Sent | Ophelia Marsh-Ndiaye | Oct 11, 2026 | $7,600 | $3,800 | — |
| Greywater Choir, statement 4 | Draft | Greywater Choir | Oct 11, 2026 | $4,000 | $3,400 | — |
A release's life
The money side
Each artist's Earned to date adds up the artist share on statements that have been sent or paid. Against the advance it gives Left to recoup and a plain Recouped or Unrecouped label. A recouped artist gets a cheque with every statement; an unrecouped one gets a statement showing the balance coming down.
| Release | Stage | Format | Artist | Catalogue number | Release manager | UPC |
|---|---|---|---|---|---|---|
| Harbor Lights | Released | Marlowe Finch | LT2611 | Jonah Petrakis | 860012400241 | |
| Cheap Seats Forever | Released | The Velvet Understudies | LT2614 | Jonah Petrakis | 860012400272 | |
| Paper Lanterns | Released | Marlowe Finch | LT2618 | Jonah Petrakis | 860012400296 |
| Cost | Status | Release | Category | Vendor | Amount (USD) | Recoupable |
|---|---|---|---|---|---|---|
| Harbor Lights mastering | Paid | Harbor Lights | Riverbend Mastering | $900 | Yes | |
| Harbor Lights 500 vinyl, black | Paid | Harbor Lights | Cascade Pressing Works | $4,600 | No | |
| Harbor Lights cover and jacket | Paid | Harbor Lights | Ilse Vandenberg Studio | $1,200 | Yes |
| Release | Stage | Format | Artist | Catalogue number | Release manager | UPC |
|---|---|---|---|---|---|---|
| Harbor Lights | Released | Marlowe Finch | LT2611 | Jonah Petrakis | 860012400241 | |
| Cheap Seats Forever | Released | The Velvet Understudies | LT2614 | Jonah Petrakis | 860012400272 | |
| Paper Lanterns | Released | Marlowe Finch | LT2618 | Jonah Petrakis | 860012400296 |
Past their release date
| Release | Stage | Format | Artist | Catalogue number | Release manager | UPC |
|---|---|---|---|---|---|---|
| Harbor Lights | Released | Marlowe Finch | LT2611 | Jonah Petrakis | 860012400241 | |
| Cheap Seats Forever | Released | The Velvet Understudies | LT2614 | Jonah Petrakis | 860012400272 | |
| Paper Lanterns | Released | Marlowe Finch | LT2618 | Jonah Petrakis | 860012400296 |
Out this week
| Release | Stage | Format | Artist | Catalogue number | Release manager | UPC |
|---|---|---|---|---|---|---|
| Harbor Lights | Released | Marlowe Finch | LT2611 | Jonah Petrakis | 860012400241 | |
| Cheap Seats Forever | Released | The Velvet Understudies | LT2614 | Jonah Petrakis | 860012400272 | |
| Paper Lanterns | Released | Marlowe Finch | LT2618 | Jonah Petrakis | 860012400296 |
My releases
| Release | Stage | Format | Artist | Catalogue number | Release manager | UPC |
|---|---|---|---|---|---|---|
| Harbor Lights | Released | Marlowe Finch | LT2611 | Jonah Petrakis | 860012400241 | |
| Cheap Seats Forever | Released | The Velvet Understudies | LT2614 | Jonah Petrakis | 860012400272 | |
| Paper Lanterns | Released | Marlowe Finch | LT2618 | Jonah Petrakis | 860012400296 |
Approved costs to pay
| Cost | Status | Release | Category | Vendor | Amount (USD) | Recoupable |
|---|---|---|---|---|---|---|
| Harbor Lights mastering | Paid | Harbor Lights | Riverbend Mastering | $900 | Yes | |
| Harbor Lights 500 vinyl, black | Paid | Harbor Lights | Cascade Pressing Works | $4,600 | No | |
| Harbor Lights cover and jacket | Paid | Harbor Lights | Ilse Vandenberg Studio | $1,200 | Yes |
Statements to send
| Statement | Status | Artist | Period ends | Net receipts (USD) | Artist share (USD) | Paid on |
|---|---|---|---|---|---|---|
| Marlowe Finch, statement 7 | Paid | Marlowe Finch | Jul 13, 2026 | $7,200 | $3,600 | Aug 12, 2026 |
| Marlowe Finch, statement 8 | Sent | Marlowe Finch | Oct 11, 2026 | $12,080 | $6,040 | — |
| The Velvet Understudies, statement 5 | Paid | The Velvet Understudies | Jul 13, 2026 | $6,400 | $3,200 | Aug 11, 2026 |
Eight weeks out
Six weeks out
Four weeks out
Release week
Day 28
Fill in Streams, first 28 days and Editorial and curator playlist adds. Compare them with the record's spend:
A single with a video and a small ad budget often does more per dollar than an album campaign; plan two singles ahead of every album.
How the split works here
Most of the roster is on a net profit split: the label takes its recoupable costs back out of net receipts, then splits what is left at the artist share on their row, usually 50%. A licensing deal pays a higher share because the artist owns the masters. Distribution only artists get 85%; the label keeps a fee and takes no risk.
Each period
Recoupment, in plain words
An advance is paid back from the artist's share, never from their pocket. Until earnings pass the advance, the artist is unrecouped and receives a statement but no cheque.
Rules
What's inside
5 tables · 16 views · 1 form · 4 row actions · 1 agent5 pages
- Independent Record Label
- Start here: how the label runs
- Dashboard
- The eight weeks before release day
- Royalty statements and recoupment
4 tables
- Artists2 views · 7 sample rows
- Releases7 views · 13 sample rows
- Release costs3 views · 22 sample rows
- Royalty statements4 views · 10 sample rows
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