Week 11: What's Your Angle?
Time to devise a game plan for your label
LOS ANGELES, CA Friday Dec.15.2006 /FantasyMusicLeague.com/ -- With the current FML season at its close, it's a good time to be planning your label strategy for our next round.
Here's a couple of tips:
Do your research. Read up on the latest music news headlines, and regularly check for any updates to artist values. Pay close attention to individual artist screens that cover past and current performance in the music market. They also give links to their bios, articles, and official sites.
Make good use of the Roster Management screen. It gives you a detailed look at artist information and allows you to manage each label's roster, perform trades, track performance, and audition artists.
Consider running more than one label. Increase your chances of winning by expanding the number of artists you carry. Maybe play it safe with one label and create an unconventional roster for the other, it may just work in your favor.
Become an expert trendspotter. Someone must have known Gnarls Barkley's "Crazy" would be a runaway hit. Get familiar with up and coming artists before they go big-time.
Know when it's over. It's pretty simple...the higher your artists go on the charts, the more money you make. Loyalty can work out in the long run, but if an artist isn't bringing in the coin, you may want to consider moving on to someone who is.
Just a few things to think about before the new season begins. Happy Holidays everybody!!!!!!