First of all manager, then owner of a label that has over 20 years of expertise on the domestic market, Radu Baron of RBA Records shared some of the secrets of the music industry. We can draw the conclusion that the music industry in Romania has evolved over the last 5-6 years, artists have crossed the boundaries of Romania with their music, and music earnings for the most part consist of the satisfaction brought about by a completed project.
* Interview with Radu Baron, general manager, RBA Records
Reporter: How many players are currently active in the music industry?
Radu Baron: There are about 50 labels, including the very small ones - which are only active on a specific segment or musical style.
Reporter: Have there been any labels that closed their doors in this period of economic crisis?
Radu Baron: Yes, some labels closed their doors lately, but I don't know if this was necessarily the result of the economic crisis.
Reporter: How much revenue does RBA Records make in one year?
Radu Baron: First of all, it has to be understood that artists and those that work with them don't make it their goal to grow old on a pile of money. We make a lot, we spend a lot, but our biggest profit is the beautiful life we lead.
You could very well be a label that makes 1 million Euros in sales, but the CDs in question are made in another country for foreign artists, in which case you get a commission of about 5-10%; or you can get 200,000 Euros in sales, in products made by your own label, and the profit stays with you. We sell the artists that we manage and produce, and as a result, the turnover and the profit are not that much different from one another. In response to what you asked, every year the turnover is about 1 million lei.
Reporter: How many employees do you have?
Radu Baron: We work a lot using partne
