Labels are going to tie you down with a 360 deal, they take percentages of literally every endeavor you're tied to. It's a lot of stipulations and constraints placed on you. What makes it worse is that, in terms of distributing budgets, labels aren't even giving the same amount as they used to. It totally defeats the purpose. My advice would be to get it out there on your own first which will lead you to calling the shots.
Ashanti