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by hukl 4721 days ago
No you don't you can go to studios or rehearsal rooms where you can rent all the stuff you want and pretty cheap. Even if you spend 5-10k you will have spend A LOT LESS than any label. You get the money back directly, if you are break even you get to keep all the money. Its a much better bet than hoping to win the record label lottery. Its no guarantee to be successful but along the way you will get a good grasp what your chances are and if its worth recording a smurf death metal techno album. :)