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Report critically discussing the current and future structure of the music industry in the United Kingdom.
In this written report I shall be critically discussing the current and future structure of the music industry in the United Kingdom.
The current structure can be laid out in the following manner:
Source: (Dustry, 2015)
PART 1 - Labels, publishers and the Live Sector.
Labels
Firstly the focus of this report will be on the roles and the position of music labels. There are two types of music label; a “major” label and an “indie” (independent label). A music label is a separate entity which will supply an agreement between the artist and the label for a certain number of tracks to be recorded, manufactured
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Following on further from this, the label then pays the artist royalties from sales. In more recent times, both indie and major labels are including what is known as “Ancillary Rights”. Essentially, this is a clause that labels add into a contract that states that they receive a cut of artist’s earnings which aren’t directly related to the recording and release process. For example, should the artist sell out and perform a huge capacity venue, the label would then expect a percentage of that live income.
Writing about “indie” labels in “The Music Industry handbook”, Rutter states “Historically, many ‘indies’ have grown to become larger corporate structures, whereby their artists have become successful through healthy consumer interest. Major music companies also work with successful independents to ‘upscale’ their operations; the major’s powerful promotion and distributions mechanisms facilitate greater product exposure for a percentage of the proceedings” (Rutter, 2011)
Publishers
Publishers, or the act of publishing, entails an organisations acquirement of the copyrights to an artist’s material. We can look at the role of a publisher for both a songwriter, a performer, and an artist who both writes their music and goes out to perform. Publishers will dedicate time, money, energy and passion into an artist’s career and help them to develop their songs into the industry.
Once a writer has completed a piece of music, there are
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.
1.1Summarise the development of the UK popular music recording industry from the 1950’s to the present day.
The music industry is an oligopoly. Since the late 1800’s people like Thomas Edison have been buying up patents in communication technology, forming monopolies, leading to a non-competitive entertainment industry. With only a handful of corporations controlling all aspects of acquisition, distribution and marketing of music, harsh business principles create an exploitative industry that takes the best of what artists have to offer and leaves many of them unable to support themselves. Beginning in the 1950’s with payola and white cover music and ultimately evolving into iTunes and Spotify, the music industry has grown into a billion dollar industry with far-reaching influence and control. Contracts rarely serve the artists’ best interest and many are left out to dry when their usefulness has expired.
Over the past fifty years, the British Music Publishing industry has undergone dramatic changes. It has evolved as an entity with innovations in technology, changes and creations of laws and new mediums to promote and exploit songs to a wider audience. Therefore, the way in which the music publishing industry operates and exploits its assets has completely transformed, and continues to do so at a rapid pace. This paper will attempt to explore the ways in which publishers exploit song copyrights and the way in which this has changed over the past 60 years. It is important to define what is meant by copyright and its role within the industry. The Performing Right Society website states: “Copyright
I propose that all unsigned rising artist should target the business side of the music industry to be successful in the entertainment business because it allows the artist to be taken seriously and make solid connections that can further his/her career. Learning the works of the music industry also enables a new artist to be further successful and profitable. Recent studies show that most new artists without professional representation and a business mindset have a slimmer chance in getting signed to major or independent labels (Lowry, 2011). Overall, the specific change needed is that unsigned artists should be concentrating on their careers as professionals and not amateurs, thus focusing on the ins and outs of the music business and
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Introduction: Setting the trend for the future, the distribution and consumption of recorded music transformed dramatically with the launching of Apple’s iTunes in 2001. The proliferation of online music subscription services and other music sharing services exerted a great pressure on the conventional music distribution business model. Combined with this transformation, piracy of digital music had a profound impact on the whole industry. These worsening conditions in the market place for recorded music forced both established and upcoming new artists to experiment with new ways of selling their music.
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