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The New Music Business with Ari Herstand
How This Record Label Sells More Vinyl Than Streams
Learn more about Colemine Records: https://coleminerecords.com/
With a passion for everything related to records, Terry Cole operates a recording studio, a label (Colemine Records) and record store (Plaid Room Records). Terry started selling records at the age of 12, started his record label while attending college studying biology on the road to being a public school teacher, and then eventually quit teaching to open a record shop, Plaid Room Records, with his brother Bob Cole in 2015. Since then, Colemine Records has expanded and become a well respected label in the independent music industry launching artists such as Black Pumas, Say She She, Durand Jones & The Indications, Kelly Finnigan, Delvon Lamarr Organ Trio and many more.
00:00 - Welcome, the importance of retail
04:49 - Microphone talk
08:06 - The story and inspiration behind Colemine Records
15:48 - Independent record label marketing strategies
21:34 - Music label management and artist development
26:58 - How Colemine works with Secretly and partnering with other labels
36:30 - How Colemine sold more physical music than digital music
43:40 - Promoting music in record stores
48:03 - Music industry’s reliance on algorithms vs physical record stores
52:51 - Music distribution and marketing strategies for independent labels
58:56 - Distribution deals and commission-based structure
01:02:40 - Distribution in physical stores
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Connect with Ari Herstand:
Website: https://ariherstand.com
Instagram: https://instagram.com/ariherstand
X: https://twitter.com/ariherstand
YouTube: https://youtube.com/ariherstand
Connect with Colemine Records :
Website: https://coleminerecords.com/
Instagram: https://www.instagram.com/coleminerecords
X: https://twitter.com/ColemineRecords
TikTok: https://www.tiktok.com/@coleminerecords
Edited and mixed by Mikey Evans
Music by Brassroots District
Produced by the team at Ari’s Take
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