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 retail04:49 - Microphone talk08:06 - The story and inspiration behind Colemine Records15:48 - Independent record label marketing strategies21:34 - Music label management and artist development26:58 - How Colemine works with Secretly and partnering with other labels36:30 - How Colemine sold more physical music than digital music43:40 - Promoting music in record stores48:03 - Music industry’s reliance on algorithms vs physical record stores52:51 - Music distribution and marketing strategies for independent labels58:56 - Distribution deals and commission-based structure01:02:40 - Distribution in physical storesSubscribe to The New Music Business: https://aristake.com/nmbAri's Take Academy: https://aristakeacademy.comWatch more discussions like this: https://bit.ly/3LavMpaConnect with Ari’s Take:Website: https://aristake.comInstagram: https://www.instagram.com/aristake_TikTok: https://www.tiktok.com/@aris.takeX: https://twitter.com/ArisTakeThreads: https://www.threads.net/@aristake_YouTube: https://www.youtube.com/user/aristake1Connect with Ari Herstand:Website: https://ariherstand.comInstagram: https://instagram.com/ariherstandX: https://twitter.com/ariherstandYouTube: https://youtube.com/ariherstandConnect with Colemine Records :Website: https://coleminerecords.com/Instagram: https://www.instagram.com/coleminerecordsX: https://twitter.com/ColemineRecordsTikTok: https://www.tiktok.com/@coleminerecordsEdited and mixed by Mikey EvansMusic by Brassroots DistrictProduced by the team at Ari’s Take Hosted on Acast. See acast.com/privacy for more information.