Major record labels always take money from the wannabe acts to launch their operations and fund their deals.

Question

Quizplus · Accepted Answer

This statement is false. While some smaller, independent record labels may require acts to invest in their own careers, major record labels typically invest their own money in the talent they sign. In fact, it is common for major labels to provide large advances to new artists in order to cover the costs of recording, marketing, and other expenses associated with launching a music career.

Major Record Labels Always Take Money from the Wannabe Acts