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All You Need to Know About the Music Business: Fifth Edition

All You Need to Know About the Music Business: Fifth Edition
By Donald S. Passman

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Product Description

Universally regarded as the definitive and indispensable guide to the music industry and now in its fifth edition, All You Need to Know About the Music Business has undergone its most extensive overhaul to date. Veteran music lawyer Donald Passman sees a major change in the way record labels are doing business in response to today's numerous technological advances and uncertain post-boom economy. Anyone involved in the business is feeling the deep, far-reaching effects of these changes. This latest edition of what the Los Angeles Times called "the industry bible" will lead novices and experts alike through the fundamental practices as well as the new, uncharted territory of one of this country's most dynamic fields.

In the music business, the key to success lies in knowing how to protect yourself. To do that, you need the best and most up-to-date advice available. Whether you are -- or want to be -- a performer, writer, or executive, Passman's exhaustive guide to the legal and financial aspects of the music world is an essential tool. Drawing on his unique professional experience as one of the most trusted advisors in the industry, Passman offers authoritative, up-to-the-minute information. You'll learn 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 and maximize these relationships
  • Master the big picture and the finer points of record deals
  • Navigate the ins and outs of songwriting, music publishing, and copyrights
  • Maximize concert, touring, and merchandising deals

    This latest edition also includes information on:

  • Music downloads and streaming
  • How royalties are computed in the digital age
  • Why the record companies are hemorrhaging money
  • New laws of the electronic frontier, including copyright infringement, illegal downloads, and challenges to intellectual property rights
  • Industry strategies to combat piracy
  • The new model of record deals, in which the companies want to share in songwriting, touring, merchandising, etc.

    In addition, there are updates on traditional industry matters such as royalties, advances, video budgets, and copyright law.

    All You Need to Know About the Music Business shows you how, by investing a little bit of time in learning the business, you can reap huge benefits.

    • Product Details

    • Amazon Sales Rank: #345443 in Books
    • Published on: 2003-09-30
    • Original language: English
    • Number of items: 1
    • Binding: Hardcover
    • 464 pages

    Editorial Reviews

    From Library Journal
    An entertainment lawyer whose clients include many from the top of the music charts, Passman has written a book that sets out to give musicians, performers, and songwriters the tools to hire advisers, market their careers, protect their creative works, and generally cope with a complex industry in a state of flux. Passman explains boilerplate language, the complexities of royalties and advances, and label and distribution deals; a section on record deals begins with an overview of the business and works through all the steps. The "Adventures in Cyberspace" chapter is a helpful summary of the way CD-ROMs and the Internet are affecting the business. Included here is information on recent legislation and a look at how digitizing music delivery will continue to change things. Packed with illustrations, sample calculations, and definitions, All You Need To Know is humorous and accessible enough for those who just want to understand the business while being detailed and documented enough for those who make a living from it.
    Copyright 2000 Reed Business Information, Inc.

    Review
    Michael Eisner Chairman and CEO, the Walt Disney Company An entertaining and professionally written primer on the music business.

    Book Info
    Definitive guide to the music industry. Filled with vital information on the technological advances that are reshaping the business, and how novices and experts alike should manage such changes. Revised and expanded. DLC: Music trade--United States.

    Customer Reviews

    Nothing special3
    This book is not too useful, but not useless, either. At least one can see, that the author enjoyed his life in the music business. And this is something. From a professional point of view the reader does not get much to work with.

    The bible of the music business 5
    Don't get taken for due your du-diligence and read this book whether your putting out your own record or shopping for a record deal. This book is a must. Need I say more.

    Kind of cool and has some okay tips3
    Has some insight about how to get put on, but not much more than I already knew about.