Job description of a CEO of a record label

Written by joe kelly
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Job description of a CEO of a record label
CEOs lead music labels. (Music image by Mykola Velychko from Fotolia.com)

Record label CEOs manage their companies with a mix of business skills and skills particular to the music industry. The CEO determines the general direction of the marketing, the music distribution and other matters. The CEO must also master basics like improving financial performance and communicating with board members.

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Unconventional Backgrounds

Many of the most successful CEOs have unconventional backgrounds. Some were founders/artists of their labels, like rapper Master P and his No Limit Records. The typical candidate has had mid-level administrative jobs within the music or entertainment industries. Many CEOs come from a traditional business school background as well. Regardless of background, CEOs must have strong skills in business management and financial analysis.

Job description of a CEO of a record label
They must have strong business and financial skills (Jupiterimages/Polka Dot/Getty Images)

Big and Small Labels

The CEO's scope of management changes depending on the size of the organisation. A young label with a handful of artists has less paperwork to handle and tends to be independent; usually there's only one or two music genres on the whole label. A big corporation has many divisions and different music genres, and marketing and touring are major operations. In this situation, the CEO delegates duties more often to a large middle management staff.

Job description of a CEO of a record label
Bigger labels have more work and management than smaller labels (Zedcor Wholly Owned/PhotoObjects.net/Getty Images)

Distribution

CEOs must understand the different kinds of music distribution methods. You must determine the best method based on its profitability and its ability to get the most exposure for the label. Good negotiation skills and a thorough analysis can make the difference between a good or bad distribution deal.

Job description of a CEO of a record label
They must understand different distribution methods (Sean Murphy/Photodisc/Getty Images)

Hiring Staff

CEOs recruit and hire management staff members. These employees must not only be good at their specific jobs, but be able to effectively communicate with the CEO. Some of these key staff members include the heads of the legal, marketing and distribution divisions.

Job description of a CEO of a record label
They must employ efficient staff (Photos.com/PhotoObjects.net/Getty Images)

Personality

CEOs are dealing with an industry experiencing rapid changes in digital music distribution and illegal copying issues. This affects many other things such as artists' contracts. You must understand complex legal issues, tolerate long hours and handle changes well. You should also keep up with industry news and be aware of new music technology.

Job description of a CEO of a record label
They must work long hours and keep up with the changes to the music industry (Jack Hollingsworth/Digital Vision/Getty Images)

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