Earlier this year, we wrote about the burgeoning market for artist ‘service deals’, where labels act as partners for marketing and distribution for a new album, while someone else funds it. Indie label Cooking Vinyl has been one of the big beneficiaries with albums for Groove Armada, The Prodigy and Suzanne Vega. Now it’s signed three more service deals, for new albums by Underworld, The Charlatans and Get Cape, Wear Cape, Fly. “I like the services model because it aligns our interests with the artist and creates a strong partnership,” says Cooking Vinyl founder Martin Goldschmidt. “The accounting is very transparent and everyone knows how much all parties have made or lost from the deal.” Source: Press Release

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