Executive Summary
Executive Summary: Wreckroom Independent Record Label
Wreckroom is a dynamic and forward-looking independent record label, focused on revolutionizing the music industry. Our mission is to develop emerging artists into significant acts, with a particular emphasis on digital platforms.
Core Focus
• Our strategy centers on nurturing a select group of artists, aiming to elevate at least one to a 7-figure music act within three years. • This involves a heavy release schedule (12 songs per year), production of high-quality music videos, and a strong digital presence, particularly on Spotify and YouTube.
Unique Approach
• Wreckroom blends extensive digital media promotion with a commitment to high-quality music production. • This dual strategy is designed to maximize digital visibility and engagement while maintaining artistic integrity.
Revenue Streams
• Our revenue model encompasses direct streaming income from platforms like Spotify and Apple Music. • Indirect revenue streams include artist and label YouTube channels, featuring performance series, 24-hour radio broadcasts, and private industry sessions. • Ad views and partnerships on YouTube channels form a significant part of our revenue. • The label also offers a curated newsletter, enhancing community engagement and industry relationships.
Touring and Supplementary Services
• Beyond digital content, we plan to develop a touring revenue model after the second album release of our key artists. • Supplementary services offered include production work, studio time, and marketing services, ensuring holistic artist support.
Financial Forecast
• Our financial forecast predicts a significant increase in revenue across various channels, with a focus on growing streaming numbers and YouTube viewership. • Detailed revenue projections include artist streams, label YouTube revenue, partnerships, and studio services, setting a trajectory for substantial growth by 2030.