All You Need to Know about the Music Business

Eleventh edition, revised and updated.

Dubbed ?the industry bible? by the Los Angeles Times, All You Need to Know About the Music Business by veteran music lawyer Donald Passman is the go-to guide for everyone in the music business through ten editions, over thirty years, and over a half a million copies sold. Now with updates explaining why musicians have more power today than ever in history; discussion of the mega-million-dollar sales of artists? songs and record catalogs; how artist access to streaming media, and particularly TikTok, has completely reshaped the music business; the latest on music created by AI; and a full update of the latest numbers and trends. For more than thirty 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 eleventh edition, 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: streaming. For the first time in history, music is no longer monetized by selling something?it?s monetized by how many times a listener streams a song. And also, for the first time, artists can get their music to listeners without a record company gatekeeper, creating a new democracy for music.

The ?industry bible? (Los Angeles Times), now updated, is essential for anyone in the music business?musicians, songwriters, lawyers, agents, promoters, publishers, executives, and managers?and the definitive guide for anyone who wants to be in the business. So, whether you are?or aspire to be?in the music industry, veteran music lawyer Passman?s comprehensive guide is an indispensable tool. He offers timely information about the latest trends, including the reasons why artists have more clout than ever in history, the massive influence of TikTok, the mega million dollar sales of artists? songs and record catalogs, music in Web3 and the Metaverse, music created by AI, and a full update of the latest numbers and practices.

CONTENIDO:

1. First steps

Part I. Your team of advirsors
2. How to pick a team
3. Personal managers
4. Business managers
5. Attorneys
6. Agents

Part II. Record deals
7. Broad-strokes overview of the record business
8. Advances and recoupment
9. Real-life numbers
10. Other major deal points
11. Producer and mixer deals
12. Advanced royalty computations
13. Advanced record deal points
14. Independent production, label, and distribution deals

Part III. Songwriting and music publishing
15. Copyright basics
16. Publishing companies and major income sources
17. Even more publishing income
18. Songwriter, co-publishing, and administration deals
19. Advanced copyright concepts
20. Even more advanced copyright concepts

Part IV. Group issues
21. Groups
22. What's in a name

Part V. Touring
23. Personal appearances - touring

Part VI. Merchandising
24. Tour merchandising
25. Retail, direct to consumer (D2C) merchandising, and fan clubs

Part VII. Classical music
26. Classical music

Part VIII. Motion picture music
27. Overview to motion picture music
28. Performer deals
29. Film songwriter deals
30. Composer agreements
31. Licensing existing recordings and existing songs for motion pictures
32. Music supervisors
33. Soundtrack record deals

Appendix: Ye olde royalty calculations

Conclusion

Index