All You Need to Know About the Music Business : 10th Edition

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... "For more than twenty-five years, All you need to know about the music business has been 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: streaming. 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's completely changed the ecosystem of the business. Executives, professionals, and artists alike will benefit from Passman's detailed yet easy-to-understand explanations of the latest technology, legalities, and practices shaping the music business, such as: what the music business looks like in the streaming age, and how best to benefit from it; the latest in deal structures and financial terms; a breakdown of the 2018 Music Modernization Act, and what it means to the industry; high-profile copyright infringement litigation, and what to do if someone steals your work. He also gives guidance on the basics, such as how to: select and hire a winning team of advisors--personal and business managers, agents, and attorneys--and structure their commissions, percentages, and fees in a way that will protect you; master the major and finer points of contract negotiations; navigate the ins and outs of songwriting and music publishing; maximize concert, touring, and merchandising monies. Passman's comprehensive guide--which has sold hundreds of thousands of copies--draws on his unparalleled experience and up-to-the-minute knowledge of industry trends to give readers the ultimate inside look at how the music business operates. 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"--Publisher's description "For more than twenty-five years, All you need to know about the music business has been 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: streaming. 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's completely changed the ecosystem of the business. Executives, professionals, and artists alike will benefit from Passman's detailed yet easy-to-understand explanations of the latest technology, legalities, and practices shaping the music business, such as: what the music business looks like in the streaming age, and how best to benefit from it; the latest in deal structures and financial terms; a breakdown of the 2018 Music Modernization Act, and what it means to the industry; high-profile copyright infringement litigation, and what to do if someone steals your work. He also gives guidance on the basics, such as how to: select and hire a winning team of advisors--personal and business managers, agents, and attorneys--and structure their commissions, percentages, and fees in a way that will protect you; master the major and finer points of contract negotiations; navigate the ins and outs of songwriting and music publishing; maximize concert, touring, and merchandising monies. Passman's comprehensive guide--which has sold hundreds of thousands of copies--draws on his unparalleled experience and up-to-the-minute knowledge of industry trends to give readers the ultimate inside look at how the music business operates. 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."--Site web de l'éditeur "For more than twenty-five years, All you need to know about the music business has been 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: streaming. 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's completely changed the ecosystem of the business. Executives, professionals, and artists alike will benefit from Passman's detailed yet easy-to-understand explanations of the latest technology, legalities, and practices shaping the music business, such as: what the music business looks like in the streaming age, and how best to benefit from it; the latest in deal structures and financial terms; a breakdown of the 2018 Music Modernization Act, and what it means to the industry; high-profile copyright infringement litigation, and what to do if someone steals your work. He also gives guidance on the basics, such as how to: select and hire a winning team of advisors--personal and business managers, agents, and attorneys--and structure their commissions, percentages, and fees in a way that will protect you; master the major and finer points of contract negotiations; navigate the ins and outs of songwriting and music publishing; maximize concert, touring, and merchandising monies. Passman's comprehensive guide--which has sold hundreds of thousands of copies--draws on his unparalleled experience and up-to-the-minute knowledge of industry trends to give readers the ultimate inside look at how the music business operates. 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"--Dust jacket flap 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. "The industry bible" (Los Angeles Times), now updated, essential for anyone in the music business-musicians, songwriters, lawyers, agents, promoters, publishers, executives, and managers-trying to navigate the rapid transformation of the industry. For more than twenty 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 ninth edition, this latest edition leads novices and experts alike through the crucial, up-to-the-minute information on the industry's major changes in response to today's rapid technological advances and uncertain economy. Whether you are-or aspire to be-a performer, writer, or executive, veteran music lawyer Donald Passman's comprehensive guide is an indispensable tool. He 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; understand the digital streaming services; and how to take a comprehensive look at the rapidly transforming landscape of the music business as a whole. The music industry is in the eye of the storm, when everyone in the business is scrambling to figure out what's going to happen to the major labels and what it will mean for the careers of artists and business professionals. No musician, songwriter, entertainment lawyer, agent, promoter, publisher, manager, or record company executive-anyone who makes their living from music-can afford to be without All You Need to Know About the Music Business. As Adam Levine, lead singer and guitarist of Maroon 5, says, "If you want to be in music, you have to read this book." Everyone in the business has had to adapt to the new filesharing technology, whether they're a record-company executive or a creative artist. No one understands the industry and the changes it's undergone better than lawyer Donald Passman.