A few months ago I submitted some of my music to a record label. Their response was that they, as a Swedish record company, only take on artists from Sweden and the US. Since I am in Australia that excludes me [obvious].
Why do record labels do this? Especially in a way that is so arbitrary? To some degree I could understand it if it was their home country [sweden] or the EU. But Sweden and the US is weird; there's a lot more talent out there!! Is it some kind of tax evasion thing or some aspect of the record industry business model that is arcane to me? Or something else?