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Message: [QUOTE="Scorpio, post: 11890, member: 4"] The major thing record labels contribute to recording artists (especially upcoming songwriters) is '[B]financing[/B]'. Obviously money answers all things and money is arguably a measure of success too. Therefore, a good record company should help increase the artist's net worth. If an artist's net worth remains the same for a long period of time I look at it as a bad record deal. What's the benefit of signing a record contract without it boosting your net worth? The second important thing is '[B]networking[/B]' which helps a recording artist to quickly build a good reputation within the music industry and they can capitalize off that through song collaborations with the hottest artists in the game. [/QUOTE]