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Compass Records

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COMPASS RECORDS

BACKGROUND
Compass records is a small, independent music recording company and co-founded in 1994 by musicians Alison Brown and Garry West. Compass is a new breed of roots-music label: eclectic, sophisticated, and artist-friendly. It is called “one of the greatest independent labels of the last decade” by Billboard Magazine, Compass Records has provided a thriving haven of creativity for artists and a reliable beacon of quality for music fans. Its 2006 acquisition of the Green Linnet catalog and the 2008 acquisition of the seminal Mulligan Records label has made Compass the place to go for Celtic and roots music.

HISTORY
Alison Brown a Harvard graduate, record label co-founder and owner, mother, and, the role that …show more content…

The record label did not pay any recording artist royalties until certain cost incurred in making and promoting the album had been recouped.

Compass Record for instance often negotiated a 10 song per CD maximum for mechanicals which capped the mechanical expense at $0.85 per sold CD. Recording artist royalties were not determined statutorily but were negotiated between the artist and the record label and it based on the type of contract. At Compass Record, the average recording artist royalty for an owned master recording was $1.45 per unit sold whereas the royalty for a licensed recording was around $1.75 per sold unit. Recording royalties were generally lower for produce and own contacts because the record label was underwriting the expense of album production.

Production and Manufacturing
The cost of producing the recording would depend on the size of the project, the complexity of the recording and the label of perfection desired. Compass Records incurred production cost that were significantly lower than the major labels and even had an advantage over some other indie labels because Brown and West had acquired a recording studio in May 2004. Compass Records might spend between $15,000 and $25,000 to produce an album.

The manufacturing cost with included pressing the CD, Purchasing the standard jewel case and others was about $0.70 per unit and $0.20 as an

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