OK Go Leaves EMI, Starts Their Own Record Label
laughingsquid.com
laughingsquid.com
There's probably a financial component too, but that's not being emphasized. OK Go seems to think that the most critical thing for their continued survival is the tight relationship between them and their fanbase. Anything that jeopardizes that needs to go away. There's some good lessons there for us web startups.
Good luck to them. Nine Inch Nails and Radiohead seem to be doing quite well on their own, and hopefully a smaller player like OK Go can make it work as well.
The videos for "A Million Ways" and "Here it Goes Again" were fairly low budget affairs that were likely within the range of an independent band.
While I'm sure that the label did provide some help, it seems to me that their breakout success was largely achieved in ways that can be duplicated by a talented unsigned group.
http://www.npr.org/templates/story/story.php?storyId=1245329...
The lot of them are such a great business case study by the way. The way they created their "brand", their marketing prowess and their ability to continually, continually, continually be so masterful in the art of word-of-mouth and virality.