All You Need to Know About the Music Business 10th Edition by Donald Passman – Ebook PDF Instant Download/Delivery: 1501122185, 978-1501122187
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ISBN 10: 1501122185
ISBN 13: 978-1501122187
Author: Donald Passman
All You Need to Know About the Music Business by veteran music lawyer Don Passman—dubbed “the industry bible” by the Los Angeles Times—is now updated to address the biggest transformation of the music industry yet: streaming.
For more than twenty-five years, All You Need to Know About the Music Business has been universally regarded as the definitive guide to the music industry. Now in its tenth edition, Donald Passman leads novices and experts alike through what has been the most profound change in the music business since the days of wax cylinders and piano rolls. For the first time in history, music is no longer monetized by selling something—it’s monetized by how many times listeners stream a song. And that completely changes the ecosystem of the business, as Passman explains in detail.
Since the advent of file-sharing technology in the late 1990s to the creation of the iPod, the music industry has been teetering on the brink of a major transformation—and with the newest switch to streaming music, this change has finally come to pass. Passman’s comprehensive guide offers timely, authoritative information from how to select and hire a winning team of advisors and structure their commissions and fees; navigate the ins and outs of record deals, songwriting, publishing, and copyrights; maximize concert, touring, and merchandising deals; and how the game is played in a streaming world.
“If you want to be in music, you have to read this book,” says Adam Levine, lead singer and guitarist of Maroon 5. With its proven track record, this updated edition of All You Need to Know About the Music Business is more essential than ever for musicians, songwriters, lawyers, agents, promoters, publishers, executives, and managers—anyone trying to navigate the rapid transformation of the industry.
All You Need to Know About the Music Business 10th Table of contents:
Chapter 1: First Steps
PART I: Your Team of Advisors
Chapter 2: How to Pick a Team
Getting Your Team Together
Business Philosophy
Hiring a Team
Changing a Team Member
Cocktail Party Talk
Chapter 3: Personal Managers
Role
Commission Overview
Negotiating the Manager’s Deal
Picking the Right Manager
Chapter 4: Business Managers
Role
How to Pick a Business Manager
Business Manager Checklist
Fees
Your Half of the Job
Chapter 5: Attorneys
Picking a Lawyer
Fees
Conflicts of Interest
Attorney Checklist
Chapter 6: Agents
Role
Fees
Deal Points
Picking an Agent
PART II: Record Deals
Chapter 7: Broad-Strokes Overview of the Record Business
Industry Structure
A Word About Retailers
Do You Need a Record Label?
What’s a Record?
Masters
Royalty Computation
Chapter 8: Advances and Recoupment
Advances: The Basic Concept
Cross-Collateralization
Chapter 9: Real-Life Numbers
Overview
Royalties
Advances
360 Rights
Chapter 10: Other Major Deal Points
Amount of Product
How Long?
Delivery Requirements
Guaranteed Release
Controlled Compositions
Greatest Hits
Live Albums
Independents Day
Chapter 11: Producer and Mixer Deals
What’s a Producer?
Royalties
Advances
Other Royalty Computations
Who Hires the Producer?
Mixers
Chapter 12: Advanced Royalty Computations
Royalties for the United States
Foreign Royalties
Electronic Transmissions
On-Demand Streaming
Downloads
Non-Interactive Streaming and Satellite Radio
Video Streaming
Master Licenses
Samples
Guest Artists, Featured Artists, and Joint Recordings
Apps
Ringtones and Ringbacks
Video Games
Bundles
Television Advertising
Podcasts
Multiple Albums/Box Sets
Dearly Departing Contract Clauses
Accountings
Chapter 13: Advanced Record Deal Points
Exclusivity
Websites
Single-Song Videos
Independent Promotion and Radio Concerts
Merchandising Rights
Tour Support
Territory
Creative, Marketing, and Other Controls
Artwork
Union Exploitation Charges
Chapter 14: Loan-out, Independent Production, Label, and Distribution Deals
Loan-out Deals
Independent Production Agreements
Joint Ventures/Profit Share
Distribution Deals
Upstream Deals
PART III: Songwriting and Music Publishing
Chapter 15: Copyright Basics
Basic Copyright Concepts
What Are All These Rights You Get?
Exceptions to the Copyright Monopoly
Compulsory Mechanical Licenses
Chapter 16: Publishing Companies and Major Income Sources
Publishing Overview
Sources of Income
Public Performance Royalties
More About Mechanical Royalties
Streaming and Downloads
Music Modernization Act
Chapter 17: Even More Publishing Income
Synchronization and Transcription Licenses
Samples
Foreign Subpublishing
Printed Music
Controlled Composition Clauses
Maximum Rate per Song
Maximum Rate per Album, EPs, and Singles
Bonus Section!
How to Set Up a Publishing Company
Chapter 18: Songwriter, Co-Publishing, and Administration Deals
Songwriter Agreements
What’s In the Pot?
Charges Against Royalties
Copyright Ownership
Single-Song Contracts
Term Songwriter Agreements
Pop Quiz
Co-writes (Songs Written by Two or More Writers)
Creative Control
Reversion of Copyright
Administration Agreements
Co-Administration Agreements
Now Look Where You Are!
Chapter 19: Advanced Copyright Concepts
Who Owns the Copyright?
Works for Hire
Duration of Copyright
Right of Termination
Public Performance of Masters
What Happens When Someone Rips Off Your Copyright?
Chapter 20: Even More Advanced Copyright Concepts
Sound Recording Copyrights
How to Terminate a Copyright Transfer in Your Spare Time, for Fun and Profit
Extension Rights
The Copyright Notice
Registration and Deposit
Moral Rights
PART IV: Group Issues
Chapter 21: Groups
Group Provisions in Record Deals
Trivia Quiz
Internal Group Deals
Chapter 22: What’s in a Name?
Rights in a Name
Registration
PART V: Touring
Chapter 23: Personal Appearances—Touring
Roles of Team Members
Marketing
Personal Appearance Deals
New Artists
Midlevel Artists
Heritage Acts
Superstar Touring
VIP Ticketing
Sponsorship
Hall Fees
Riders
I’ll Take the Whole Thing…
Multi-Show Deals
Lining Your Pockets with More Gold
PART VI: Merchandising
Chapter 24: Tour Merchandising
Merchandisers
Royalties
Hall Fees
Advances
Term
Advance Repayment
Exclusivity
Creative Control
Sell-off Rights
Bootleggers
Chapter 25: Retail, Direct to Consumer (D2C) Merchandising, and Fan Clubs
Retail Merchandising
Royalties
Other Deal Points
Direct to Consumer (D2C) (E-commerce/Internet Sales)
Fan Clubs
Caution
PART VII: Classical Music
Chapter 26: Classical Music
Term and Product
Royalties
Advances
Mechanical Royalties
Marketing Tie-ins
PART VIII: Motion Picture Music
Chapter 27: Overview of Motion Picture Music
Introduction
One Song—Eight Deals
The Rights Involved
Chapter 28: Performer Deals
Overview
Performance in the Film (No Record Rights)
Record Rights to Film Performances
Chapter 29: Film Songwriter Deals
Terminology
Deal Points
Chapter 30: Composer Agreements
Deal Points
Package Deals
Creative Financing
Television Composers
Video Game Composers
Chapter 31: Licensing Existing Recordings and Existing Songs for Motion Pictures
Master Licenses
Licensing Existing Musical Compositions for Films
Film Music Quiz
Chapter 32: Music Supervisors
Role
Motion Picture Supervisor Fees and Royalties
Television Supervisors
Chapter 33: Soundtrack Record Deals
Score Albums
Song Albums
Other Issues
Conclusion
About the Author
Appendix: Ye Olde Royalty Calculations
Index
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