Financial Requirements For Sony Music Entertainment

Starting a career in the music industry is a difficult task. There are many important steps that you need to take along the way, and the path is often long and confusing. The people that you meet along the way will guide you along this path, and hopefully help you become a music industry success story. The goal is to not let your message get jumbled and distorted beyond your control and lead you to disaster.

The occupation or role that will be discussed is the publisher. Publishers take a song that has been already been composer and attempt to persuade various artists or producers to record the song. Publishers also register copyrights, file mechanical and performing rights to the respective organizations, audit record companies, and collect royalties and payment.

The current music industry is a hard business for all musicians, whether they are a new artist or even a popular radio artist. Modern times have radically changed the way that musicians now make money. Past musicians used to be able to make a living simply by selling their music and playing a few major concerts to survive and even lives some luxurious lives and not really have to focus on anything except the art that they were creating. The music industry has transformed from being an art to becoming a challenging business job for anyone involved. Today, most musicians have to also be able to handle managerial business to get anywhere and make money or find someone to help them. Current musicians need to do more than just sell music

My target industry is Roca-A-Fella Records aka Rocnation. They are founded by Damon”Dame” Dash, Shawn “Jay-Z Carter, and Kareem”Biggs”Burke. They founded the company in 1995. It is the subsidiary of Universal Music Group and they are being distributed by Def Jam Records. They are Located in New York City, New York. There notable artist includes Amil, Aztek Escobar, Beanie Sigel, Bink, Cam’ron Christon, The Diplomats, DJ Clue, Diamonds in Da rough, Foxy Brown, Freeway, Freekey Zekey, Jadakiss, Jim Jones, N.O.R.E. There are no longer with the company. They only have three active artist Vic Mensa, Kanye west, and of course

First, the company will have to study the current state of the music industry and the economy as well. A struggling economy will bring record sales down, because people are budgeting their income a lot tighter and music will not be among one of the items they need to purchase. If people do not have enough money to purchase the music, chances are they will find other ways to get the audio through illegal links or burning compact discs. A struggling music industry can be caused by a bad economy, but another key factor is poor music quality. If the music is not good, then chances are the songs will not get purchased. Sales have been on the decline in recent years due to technology advances and lack of artist development is the main problems to this epidemic. The labels have been putting out manufactured music for the past few years and the consumers are unhappy. The next step is for the label to use its assets, such as an artist and labels to attract fans. More than likely, each big label company has a fair share of stars that can generate sales, so these releases need to be timed properly. Thirdly, the strategy must be selected for these stars to succeed. The final step would be for upper management of the record label, to use their highest selling acts to increase profit potential and create new trends. Universal Music Group has to come up with

Transfer of copyright is referred to in section 101 of the Copyright Act of 1976 as “an assignment, mortgage, exclusive license, or any other conveyance, alienation, or hypothecation of a copyright or of any of the exclusive rights comprised in a copyright, whether or not it is limited in time or place of effect but not including a non exclusive license.” Songwriters will give away ownership to the copyright of their compositions to music publishers while recording artists will grant copyright ownership of their records to their respective labels enabling the companies to receive a larger stream of royalties. The size of this stream depends on the deal signed.

Cusic begins his paper with the effect of co-writing asserting that the artist loses much more money when they could have earned more if they had created a song themselves. He then goes on to explain how fans and critics feel the need for a song to be legitimate and that if a singer doesn’t create his or her own song they are seen as an invalid artist. However, Cusic asserts that fans and critics do not care for the artist’s reason for creating the song, and that the audience’s connection to the song is the reason why it is even purchased or seen as real music. Cusic affirms that singers who create cover songs are not any less legitimate compared to artists who create original music and that singers have their own way of describing what a song means to them.

6. ADDITIONAL MUSICIANS. Company shall compensate any additional musicians that the Artist chooses to feature on the Record, limited to one (1) guest artist per song. Company may recover such costs pursuant to Section B3. herein.

Now that the song has been cleared the record label can produce the dance compilation album and pay the artist royalties. If the royalties go towards a band then the money is split equally amongst members although in many cases the songwriter will have a major percentage.

However, there are many other alternatives to solve financial issues besides giving a corporation complete control of a person's music. "While touring and selling merchandise have always been tried-and-true revenue streams, one major shift in recent years has been the growth in partnership between artists and businesses. Corporate sponsorship can be a risky option for musicians" (Carter). Going on tour is one way that a musician can make more money because thousands of people go to concerts even though they could easily stream music from various albums. Selling merchandise and other objects is another way a musician can make money and interact with his or her

Gig Arrange will keep the right to use the performer's name and likeness in advertisements and promotion, and use any recordings or photography as it wishes.

Artist advertising their music can bring them more money and fans. According to the article, "The New Necessity in the Music Business," it states that it is "necessary, for bands to put their music in commercials or promote products for sponsors in order to sustain a career in the music business. " If artist want to continue to make more money and maintain a career it is necessary for them to sponsor and put their music in ads. In another titled "The Changing

understand what you're signing up , labels and manager will try to take advantage of the artist,it’s

The role of a music publisher, whether it is a single person or company, is to ensure that the songwriters and composers of the track/album receive the correct payments when their work is used commercially. When signing a contract with a music publisher, the composer or songwriter will assign the copyrights of their production. In return the company will then licence out the rights and help monitor where the composition is used and then in turn will collect royalties and then send them to the original producers.

What value does Hit Song Science create? If you were Mike McCready, CEO of Polyphonic, which target market – unsigned artists, producers, or record companies would you pursue?