Art and Entertainment - Music is an art, however, when one thinks of the music industry Music is about money!
If anyone or any company feels that the music won‘t get them to money, There‘ll be simply no curiosity about your music. That’s it inside the nut shell. Remember, to always remember this. The Music Industry is about Money!
You will find a few sources of cash to become made inside the music industry. They include but aren‘t limited to :
· Record sales
· Songs played on the radio
· In movies and television
· Concerts
· Song writing
· Producing
· Merchandising
· Advertising
· CD-ROMs / DVDs
If you‘re an artist and wish to get straight into the music business, you‘ll need three essential excellent people with your corner batting for you on an everyday basis. They include :
· Personal Manager – The foremost of important from the three. They ought to have contacts inside the music industry, keep on eye on all of your affairs, advise yourself on things you can do, help promote your music, producers to employ, who to sign with when to reach on tour, etc. The personal manager will receive 15% and 20% in an artist's gross earnings and also have good contacts with record companies A&R, Marketing / Sales, and Promotion departments.
· Music Attorney – A very good attorney specializing in the music will have the ability to properly negotiate and structure the deals an artist makes. They ought to have good contacts and become the trust worthy. Expect to pay out between 100 and 200 each hour for a very good music attorney. If an attorney thinks you‘ll sign, they forego a group fee and charge a percentage of artist’s earnings. In bigger cities, you’ll pay greater than in smaller cities.
· Music Agent – Book concerts and special appearances. A Personal Manager can help the artist with selecting a very good agent.
In case you blow up and begin generating the large money, then a very good Manager / Accountant will certainly be needed to handle your tax situation, review royalty statements, financing tours, offer invest advice and how you can manage your hard earned money.
Getting identified by mailing your demo to record labels isn’t impossible, however, 99. 9% of the time your material won‘t get listened to. Even if you possess the best song on the planet, it won‘t be listened to. Record labels wish to limit their liability, so they don‘t hear the unsolicited music. Record labels don’t wish to hear numerous songs after which be held liable if someone claims their material was copied.
If you undertake, choose to mail your CD to record label, send the “solicited” material. First obtain a contact, preferably a private inside the Artists & Repertoire (A&R ) department. Call and first speak to a person. After sending your CD follow-up to work out when the targeted individual received your material and another follow-up call to work out if it was eventually listened to. Submit 3 to six songs and send a bio and picture of yourself. Again this isn’t the preferred method to submit your material to major record labels.
Until you‘ve music business advisors with your corner attempting to promote you and there‘s a “buzz” going around in regards to you, your demo won‘t reach the choice makers in the record labels. Record companies on an everyday basis receive lots and lots of unsolicited CDs. Presumably, your CD will certainly be tossed into your bin located inside a remote room crammed with overflowing bins of CDs.
Record labels prefer to do business with artists that have a history of record sales. These are artist that could have produced and sold their very own CDs locally or regionally. Record labels prefer to do business with artists that have performed their material, and there‘s this “buzz” happening about them. MC Hammer, before he became famous, performed his materials and sold his records until a significant record label signed him. MC Hammer had lots of leverage in negotiating a very good contract because he already proved on the local basis he could sell records.
Record companies wish to limit their liability. If you‘re signed, you‘re considered a good investment that could require a few bucks and they would like to see a premium return on the money invested in your soul. The greater you can prove that you may sell a record, the greater chance you will get signed.
Should you get signed to some record company, you the artist will go straight into the studio and record songs to the record company. The record company makes copies from the master recording and ships it to some distributor. The distributor is a wholesaler who then sells the CDs to retail outlets like Best Buy, Sam Goody, and Tower Records. The record company then pumps money into marketing by advertising and promoting your music with hopes of selling records, thus causing you to a superstar and becoming rich!
It isn‘t as easy because it sounds. It will take lots of labor using a talented group. All of us have to labor together to make this happen. There will usually be some people behind the scenes working to make an artist a superstar.
Record companies often categorized into four groups: · Major label record companies - possess the recording and operating resources to finish all function to sell records. Major label record companies are integrated into that they‘ll handle the promotion, sales, marketing, and distribution to sell music. Major label record companies are Arista, Atlantic, Capital, and Sony.
· Major label affiliate labels – have special agreements using the major label record companies, in which the major label may fund small labels recording and operating expenses in exchange for any small portion small label profits.
· Independent labels - distributes records through major labels. Independent labels have few employees. They tend to locate talent, sign the talent, sees in with it the music is recorded and contracts with major record labels to perform the promotion, marketing, along with other functions.
· True independent labels – Has no association with a significant label and distribute their music through independent distributors.
The A&R (Artists & Repertoire ) Department
The A&R department is that the talent scout. They‘re in charge of actually finding new talents. They‘re the eyes and ears from the record company. However, not since you get signed to some record label because an A&R representative likes you, it doesn’t mean your CD will ever get produced and released. Executives higher in the corporate could cancel your deal if they feel your CD won‘t sell. A record company will need to invest several hundred lots and lots of dollars to release your CD, so they‘ll be extremely cautious on whom they release.
The Marketing and Sales Department
This department is liable for getting the general public excited concerning your music and first selling to retail stores the thought of carrying your CD. They‘re liable for promotional merchandise, advertising your CD, available displays, publicity, your CD cover, etc.
The Promotions Department
This department is liable for getting your music played on the radio. The individuals during this department will visit the different radio stations to convince them to be able to play your material. In case your material doesn’t get played, nobody will now how you‘re. People will review your CD inside the retail store and wonder who you are as a new you. There‘s also a direct correlation with CD sales vs. just how many times a song for the CD gets played on the radio. More air time upon the radio equals more CD sales to the record companies.
Remember music is art, but towards the record companies, it’s about money. Remember that it’s business. Bear in mind everyone is out to make money. The minute people believe which you won‘t make money to the confident people, you may be dropped and these same people will turn to seek other new artists they believe will get them to money. Unfortunately, the record business doesn’t believe in grooming people. In case your first CD isn’t successful, you‘re out. There will rarely be second chances. There will always be other talented people behind you who what their shot at fame.
Distribution
Most major retailers for example Tower records won‘t carry a CD unless the record includes a distributor. A robust distributor ensures that the CD will certainly be available in enough places so your CD will sell to ultimately make money. Major labels use large distributors that are better able to obtain record stores stocked. After many years of consolidation, there will be only five major national wholesale distributors inside the US that are owned by conglomerates who also own major record labels. They‘re :
· BMG (distributes Arista, BMG, and RCA )
· EMI (distributes Capital and Virg. )
· Sony Music (distributes Columbia, Epic, and Sony )
· Universal Music Group (distributes Interscope, Island / Def Jam, and MCA )
· WEA (distributes Atlantic, Elektra and Warner Bros. )
Distribution via the Internet Record labels and artists are increasingly using the online to distribute their music. However, unknown artists will still need to work hard to obtain the buzz going of their music. Ultimately, signing a contract with a significant record label is that the strategy to use. The main record labels possess the financial muscle and other people to provide you with a good shot at becoming famous.
Let’s be realistic. It’s about money! Yes, the entertainment industry seems exciting and fun, but people are actually in it to make money. Being an artist the foremost important contract inside the music industry is that the record contract. The royalty is a portion of cash from record sales paid towards the artist for their / her music. The record contract which is a negotiated legal agreement involving the record label and artist will state just simply the amount royalty an artist is eligible for among other activities.
An artist should have a very good knowledge of how royalties are calculated. A very good music attorney can help using this process by ensuring the artist is paid what he/she deserves. A 13% royalty for just one artist can be some huge cash. However, a 13% royalty for an additional may be “chump change.”
So this is how the numbers work. An artist successfully signs a record contract. The artist goes towards the studio and works diligently to produce a CD the record company fully supports. The record company via its distributor sells the CD having a suggested retail list price (SRLP ) of $17. 99 to some retailer for about $10. 99. The distributor will require 10% - 14% from the $10. 99. Therefore the record company can get about ½ the SRLP of $17. 99. Independent record companies may receive lower than ½ the SRLP. Major record companies will pay artist royalty like a percentage of SRLP.
Rates will be different for every artist depending on how successful their record sells. For a brand new artist who never experienced a record deal or has sold lower than 100, 000 albums will obtain a typical royalty rate of 12% to 14% from the SRLP. For the independent record label it maybe 10% to 14% from the SRLP. For established artists that have a track record of selling 200, 000 to 500, 000 albums the royalty rate maybe 14% to 16%. For artists that have sold over 750, 000 albums the royalty rates maybe 16% to 18%. As possible see, the greater successful the artist is, the higher the royalty. Additionally, royalty maybe based on how well the record sells. As an example, the record contract may state that an artist can get 12% for the very first 100, 000 units sold, 14% for 100, 001 to 300, 000 units sold, and 16% for more than 300, 000 units sold.
But hold your horses. In case you sell 500, 000 albums and maybe have a royalty rate of 12% doesn’t mean you‘ll 12% of 500, 000 with an SRLP of $17. 98 which might equal $1, 078, 800. The reason being as specified in the record contract, there will be deductions (expenses ) that need to be deducted.
To start out off the bat, the record company will deduct a “packaging charge” coming from the SRLP which is sometimes 20% for cassettes and 25% for CDs.
Second, more frequently the artist is liable for paying the record producer a small portion his / her royalties. Typically a producer will receive 3% of 4% from the SRLP.
Third, inside the record business, the contract may state the artists only generates royalties on 85% from the unit sales. For each 100 albums sold, 15 albums sold, the artist gets no royalty.
Fourth, the record company will hold a portion from the royalty money since the distributor typically has an agreement using the retail outlets to bring back and credit the retail store's money from unsold units. This is vital because a very good portion of your respective album could be returned towards the record company when the album doesn’t sell! The money that’s held back is known as a reserve. Reserves maybe held for two years before it’s paid towards the artist. Typically a significant record label will hold a reserve of 25% to 40% from the royalties.
Fifth, advances paid coming from the record company towards the artist are deducted coming from the artist’s royalty. Advances include but aren‘t limited towards the :
· Recording studio expenses (new artists for an independent my purchase an advancement of $0 to $80, 000, new artist to a significant record label $150, 000 to $400, 000
· Hiring independent promoters to assist sell the albums
· Price of made a music video (promotions and an inexpensive music video could cost $150, 000 to $200, 000.
When money is made to the record sales, these costs are deducted coming from the artist’s royalties. This is called recoupment. Therefore, when the artist’s record isn’t successful, the artist may never see a dime. When the royalties are lower than the deductions, they artists may well owe the record company money when you are inside the red ! This negative cost maybe carried over to another album release. A very good record contract won‘t allow a damaging cost in one album to become carried over to a different album (cross collateralization ). If there isn’t another album, the record company eats the loss.
There are a lot of other costs the record company won‘t charge the artists. Including marketing and in-house promotions (free CD give away, etc. ).
So just simply the amount does an artist make for any gold album (500, 000 albums sold ).
bCheck the math : / b
CD (suggested retail list price SRLP ) = $ 17. 99 Less CD Packaging of 20% = $ -4. 50 NET = $ 13. 49 Times : Net artist royalty rate (12% - 3% to producer ) = X 9% Gross royalty per CD (9% of $13. 48 ) = $ 1. 21 Times 500, 000 albums = $ 500, 000 SUB TOTAL = $ 605, 00 Times : Royalty bearing % (15% o = no royalty ) = X 85% Gross Royalty = $ 514, 250 Less advances : Recording, promo, music video, tour = $ -350, 000 TOTAL ROYALTY TO ARTIST = $ 164, 250 - Reserves (35% ) returned by retailer ) = $ -57, 487. 50 (1 ) ACTUAL ROYALTY PAID TO ARTIST = $ 106, 762. 50
(1 ) Reserves will certainly be paid to artist in 2 years if no CDs returned by retailer
Recall the artist still needs to pay TAXES! Don’t forget Uncle Sam has to obtain his cut! Also, don’t forget the Personal Manger, the Attorney, the Accountant, the Agent along with other numerous expenses.
However, there are a lot of other royalties that an artist can acquire. They include, Record Clubs, Compilation CDs, Samplers (low-priced albums during which a couple of artists are featured ), Premiums (albums sold along with products, for example cereal ), Film Soundtrack Album, Music Video Sales, Greatest Hit’s Album, Foreign Royalties (song played in certain foreign country radio stations pay royalties, unlike the US ), Master Use License (music used inside a movie, television, commercial, the Internet, CD-ROM and DVD ), etc.
In fact, due to the Internet, the rules royalties are changing. Some people now buy their music via the Internet. Just think, no packaging required and no distribution to traditional retail stores needed. Some websites allow customers to purchase individual songs as oppose for an album. Changes are currently happening about how royalties are calculated due to the Internet. Many attorneys are pushing to possess royalties be depending on each song sold as opposed to every album sold. So stay tuned in!
I think it's enough all about ABC's of the Music Industry. Thanks so much :)
If anyone or any company feels that the music won‘t get them to money, There‘ll be simply no curiosity about your music. That’s it inside the nut shell. Remember, to always remember this. The Music Industry is about Money!
ABC's of the Music Industry
· Record sales
· Songs played on the radio
· In movies and television
· Concerts
· Song writing
· Producing
· Merchandising
· Advertising
· CD-ROMs / DVDs
If you‘re an artist and wish to get straight into the music business, you‘ll need three essential excellent people with your corner batting for you on an everyday basis. They include :
· Personal Manager – The foremost of important from the three. They ought to have contacts inside the music industry, keep on eye on all of your affairs, advise yourself on things you can do, help promote your music, producers to employ, who to sign with when to reach on tour, etc. The personal manager will receive 15% and 20% in an artist's gross earnings and also have good contacts with record companies A&R, Marketing / Sales, and Promotion departments.
· Music Attorney – A very good attorney specializing in the music will have the ability to properly negotiate and structure the deals an artist makes. They ought to have good contacts and become the trust worthy. Expect to pay out between 100 and 200 each hour for a very good music attorney. If an attorney thinks you‘ll sign, they forego a group fee and charge a percentage of artist’s earnings. In bigger cities, you’ll pay greater than in smaller cities.
· Music Agent – Book concerts and special appearances. A Personal Manager can help the artist with selecting a very good agent.
In case you blow up and begin generating the large money, then a very good Manager / Accountant will certainly be needed to handle your tax situation, review royalty statements, financing tours, offer invest advice and how you can manage your hard earned money.
Getting identified by mailing your demo to record labels isn’t impossible, however, 99. 9% of the time your material won‘t get listened to. Even if you possess the best song on the planet, it won‘t be listened to. Record labels wish to limit their liability, so they don‘t hear the unsolicited music. Record labels don’t wish to hear numerous songs after which be held liable if someone claims their material was copied.
If you undertake, choose to mail your CD to record label, send the “solicited” material. First obtain a contact, preferably a private inside the Artists & Repertoire (A&R ) department. Call and first speak to a person. After sending your CD follow-up to work out when the targeted individual received your material and another follow-up call to work out if it was eventually listened to. Submit 3 to six songs and send a bio and picture of yourself. Again this isn’t the preferred method to submit your material to major record labels.
Until you‘ve music business advisors with your corner attempting to promote you and there‘s a “buzz” going around in regards to you, your demo won‘t reach the choice makers in the record labels. Record companies on an everyday basis receive lots and lots of unsolicited CDs. Presumably, your CD will certainly be tossed into your bin located inside a remote room crammed with overflowing bins of CDs.
Record labels prefer to do business with artists that have a history of record sales. These are artist that could have produced and sold their very own CDs locally or regionally. Record labels prefer to do business with artists that have performed their material, and there‘s this “buzz” happening about them. MC Hammer, before he became famous, performed his materials and sold his records until a significant record label signed him. MC Hammer had lots of leverage in negotiating a very good contract because he already proved on the local basis he could sell records.
Record companies wish to limit their liability. If you‘re signed, you‘re considered a good investment that could require a few bucks and they would like to see a premium return on the money invested in your soul. The greater you can prove that you may sell a record, the greater chance you will get signed.
Should you get signed to some record company, you the artist will go straight into the studio and record songs to the record company. The record company makes copies from the master recording and ships it to some distributor. The distributor is a wholesaler who then sells the CDs to retail outlets like Best Buy, Sam Goody, and Tower Records. The record company then pumps money into marketing by advertising and promoting your music with hopes of selling records, thus causing you to a superstar and becoming rich!
It isn‘t as easy because it sounds. It will take lots of labor using a talented group. All of us have to labor together to make this happen. There will usually be some people behind the scenes working to make an artist a superstar.
Record companies often categorized into four groups: · Major label record companies - possess the recording and operating resources to finish all function to sell records. Major label record companies are integrated into that they‘ll handle the promotion, sales, marketing, and distribution to sell music. Major label record companies are Arista, Atlantic, Capital, and Sony.
· Major label affiliate labels – have special agreements using the major label record companies, in which the major label may fund small labels recording and operating expenses in exchange for any small portion small label profits.
· Independent labels - distributes records through major labels. Independent labels have few employees. They tend to locate talent, sign the talent, sees in with it the music is recorded and contracts with major record labels to perform the promotion, marketing, along with other functions.
· True independent labels – Has no association with a significant label and distribute their music through independent distributors.
The A&R (Artists & Repertoire ) Department
The A&R department is that the talent scout. They‘re in charge of actually finding new talents. They‘re the eyes and ears from the record company. However, not since you get signed to some record label because an A&R representative likes you, it doesn’t mean your CD will ever get produced and released. Executives higher in the corporate could cancel your deal if they feel your CD won‘t sell. A record company will need to invest several hundred lots and lots of dollars to release your CD, so they‘ll be extremely cautious on whom they release.
The Marketing and Sales Department
This department is liable for getting the general public excited concerning your music and first selling to retail stores the thought of carrying your CD. They‘re liable for promotional merchandise, advertising your CD, available displays, publicity, your CD cover, etc.
The Promotions Department
This department is liable for getting your music played on the radio. The individuals during this department will visit the different radio stations to convince them to be able to play your material. In case your material doesn’t get played, nobody will now how you‘re. People will review your CD inside the retail store and wonder who you are as a new you. There‘s also a direct correlation with CD sales vs. just how many times a song for the CD gets played on the radio. More air time upon the radio equals more CD sales to the record companies.
Remember music is art, but towards the record companies, it’s about money. Remember that it’s business. Bear in mind everyone is out to make money. The minute people believe which you won‘t make money to the confident people, you may be dropped and these same people will turn to seek other new artists they believe will get them to money. Unfortunately, the record business doesn’t believe in grooming people. In case your first CD isn’t successful, you‘re out. There will rarely be second chances. There will always be other talented people behind you who what their shot at fame.
Distribution
Most major retailers for example Tower records won‘t carry a CD unless the record includes a distributor. A robust distributor ensures that the CD will certainly be available in enough places so your CD will sell to ultimately make money. Major labels use large distributors that are better able to obtain record stores stocked. After many years of consolidation, there will be only five major national wholesale distributors inside the US that are owned by conglomerates who also own major record labels. They‘re :
· BMG (distributes Arista, BMG, and RCA )
· EMI (distributes Capital and Virg. )
· Sony Music (distributes Columbia, Epic, and Sony )
· Universal Music Group (distributes Interscope, Island / Def Jam, and MCA )
· WEA (distributes Atlantic, Elektra and Warner Bros. )
Distribution via the Internet Record labels and artists are increasingly using the online to distribute their music. However, unknown artists will still need to work hard to obtain the buzz going of their music. Ultimately, signing a contract with a significant record label is that the strategy to use. The main record labels possess the financial muscle and other people to provide you with a good shot at becoming famous.
Let’s be realistic. It’s about money! Yes, the entertainment industry seems exciting and fun, but people are actually in it to make money. Being an artist the foremost important contract inside the music industry is that the record contract. The royalty is a portion of cash from record sales paid towards the artist for their / her music. The record contract which is a negotiated legal agreement involving the record label and artist will state just simply the amount royalty an artist is eligible for among other activities.
An artist should have a very good knowledge of how royalties are calculated. A very good music attorney can help using this process by ensuring the artist is paid what he/she deserves. A 13% royalty for just one artist can be some huge cash. However, a 13% royalty for an additional may be “chump change.”
So this is how the numbers work. An artist successfully signs a record contract. The artist goes towards the studio and works diligently to produce a CD the record company fully supports. The record company via its distributor sells the CD having a suggested retail list price (SRLP ) of $17. 99 to some retailer for about $10. 99. The distributor will require 10% - 14% from the $10. 99. Therefore the record company can get about ½ the SRLP of $17. 99. Independent record companies may receive lower than ½ the SRLP. Major record companies will pay artist royalty like a percentage of SRLP.
Rates will be different for every artist depending on how successful their record sells. For a brand new artist who never experienced a record deal or has sold lower than 100, 000 albums will obtain a typical royalty rate of 12% to 14% from the SRLP. For the independent record label it maybe 10% to 14% from the SRLP. For established artists that have a track record of selling 200, 000 to 500, 000 albums the royalty rate maybe 14% to 16%. For artists that have sold over 750, 000 albums the royalty rates maybe 16% to 18%. As possible see, the greater successful the artist is, the higher the royalty. Additionally, royalty maybe based on how well the record sells. As an example, the record contract may state that an artist can get 12% for the very first 100, 000 units sold, 14% for 100, 001 to 300, 000 units sold, and 16% for more than 300, 000 units sold.
But hold your horses. In case you sell 500, 000 albums and maybe have a royalty rate of 12% doesn’t mean you‘ll 12% of 500, 000 with an SRLP of $17. 98 which might equal $1, 078, 800. The reason being as specified in the record contract, there will be deductions (expenses ) that need to be deducted.
To start out off the bat, the record company will deduct a “packaging charge” coming from the SRLP which is sometimes 20% for cassettes and 25% for CDs.
Second, more frequently the artist is liable for paying the record producer a small portion his / her royalties. Typically a producer will receive 3% of 4% from the SRLP.
Third, inside the record business, the contract may state the artists only generates royalties on 85% from the unit sales. For each 100 albums sold, 15 albums sold, the artist gets no royalty.
Fourth, the record company will hold a portion from the royalty money since the distributor typically has an agreement using the retail outlets to bring back and credit the retail store's money from unsold units. This is vital because a very good portion of your respective album could be returned towards the record company when the album doesn’t sell! The money that’s held back is known as a reserve. Reserves maybe held for two years before it’s paid towards the artist. Typically a significant record label will hold a reserve of 25% to 40% from the royalties.
Fifth, advances paid coming from the record company towards the artist are deducted coming from the artist’s royalty. Advances include but aren‘t limited towards the :
· Recording studio expenses (new artists for an independent my purchase an advancement of $0 to $80, 000, new artist to a significant record label $150, 000 to $400, 000
· Hiring independent promoters to assist sell the albums
· Price of made a music video (promotions and an inexpensive music video could cost $150, 000 to $200, 000.
When money is made to the record sales, these costs are deducted coming from the artist’s royalties. This is called recoupment. Therefore, when the artist’s record isn’t successful, the artist may never see a dime. When the royalties are lower than the deductions, they artists may well owe the record company money when you are inside the red ! This negative cost maybe carried over to another album release. A very good record contract won‘t allow a damaging cost in one album to become carried over to a different album (cross collateralization ). If there isn’t another album, the record company eats the loss.
There are a lot of other costs the record company won‘t charge the artists. Including marketing and in-house promotions (free CD give away, etc. ).
So just simply the amount does an artist make for any gold album (500, 000 albums sold ).
bCheck the math : / b
CD (suggested retail list price SRLP ) = $ 17. 99 Less CD Packaging of 20% = $ -4. 50 NET = $ 13. 49 Times : Net artist royalty rate (12% - 3% to producer ) = X 9% Gross royalty per CD (9% of $13. 48 ) = $ 1. 21 Times 500, 000 albums = $ 500, 000 SUB TOTAL = $ 605, 00 Times : Royalty bearing % (15% o = no royalty ) = X 85% Gross Royalty = $ 514, 250 Less advances : Recording, promo, music video, tour = $ -350, 000 TOTAL ROYALTY TO ARTIST = $ 164, 250 - Reserves (35% ) returned by retailer ) = $ -57, 487. 50 (1 ) ACTUAL ROYALTY PAID TO ARTIST = $ 106, 762. 50
(1 ) Reserves will certainly be paid to artist in 2 years if no CDs returned by retailer
Recall the artist still needs to pay TAXES! Don’t forget Uncle Sam has to obtain his cut! Also, don’t forget the Personal Manger, the Attorney, the Accountant, the Agent along with other numerous expenses.
However, there are a lot of other royalties that an artist can acquire. They include, Record Clubs, Compilation CDs, Samplers (low-priced albums during which a couple of artists are featured ), Premiums (albums sold along with products, for example cereal ), Film Soundtrack Album, Music Video Sales, Greatest Hit’s Album, Foreign Royalties (song played in certain foreign country radio stations pay royalties, unlike the US ), Master Use License (music used inside a movie, television, commercial, the Internet, CD-ROM and DVD ), etc.
In fact, due to the Internet, the rules royalties are changing. Some people now buy their music via the Internet. Just think, no packaging required and no distribution to traditional retail stores needed. Some websites allow customers to purchase individual songs as oppose for an album. Changes are currently happening about how royalties are calculated due to the Internet. Many attorneys are pushing to possess royalties be depending on each song sold as opposed to every album sold. So stay tuned in!
I think it's enough all about ABC's of the Music Industry. Thanks so much :)
Comments
Post a Comment