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    profound impact on the industry. In fact, catalog sales of legacy artists were reported by music industry officials as comprising 49% of album sales and 55% of single sales as recently as 2012. This means that billions of dollars are on the line for record labels, music publishers, and musicians. Background Once an author independently creates a work, copyright ownership is immediately

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    bookings and accommodation. Artist managers are important for bands. They do many things for the band to help them; they take care of the business side of things like contacting record companies. The manager makes sure that everyone involved in the band is doing their job. The manager might be on the phone with a record label asking about advertising campaigns or on the phone with an agent discussing upcoming gigs. Tour managers make sure that tours go smoothly. They manage the tour finances, deal

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    Music Industry Financials

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    making within the music & entertainment industry. The concept of marginal costing is concerned with the treatment of fixed costs and the relationship that exists between sales, variable costs and contribution. This technique is often used by record labels to estimate the costs which they will incur & profits they will earn per unit which is manufactured and sold. Cost behaviour – we need to understand how costs behave at different levels of activity so that we can determine what costs should

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    Music Business Assignment Part A (1.1) For the past decades the music industry has changed a lot. The old music business module, where the artist hands over his music to the record label and through the record label the artists’ music is sold on a high street to consumers, is not as efficient and profitable as it used to be. The internet changed the way how people consume music. With the internet along came music streaming that opened new ways for upcoming artists and songwriters to share their

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    felt as though the entire music business was against us” (JoeBonamassaTV 2013). The role of an artist manager like Roy is to bring together the aspects required in order to meet the specific criteria set out by the artist (and if applicable, their record company). Ultimately they handle the artists business affairs, make sure that projects are running efficiently and most importantly coordinate the different areas of the industry to ensure that the end goal is being met. It is paramount that the manager

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    As a Independent label Executive; I am in a constant game of playing the sheep in a padded room surrounded by Elephants. I prepare for the abuse of being trampled upon, but hope that my coyness will somehow make me invisible. I for one can honestly say that I receive thousands of phone calls during a typical week from independent label owners and execs with the same sentiments. "How can I avoid being Robbed", I ponder? I understand the position of the Majors and furthermore realize that the consumers

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    dominated by record labels beginning in the 1950s. According to Aspray, the original structure of the recording industry stood as an oligopoly controlled by the six major record labels: Warner Music Group (WMG), Electrical and Music Industries Group (EMI), Bertelsmann Music Group (BMG), Universal Music Group (UMG), Sony Music Group (SMG) and PolyGram (PMG). The Big 6 controlled all promotional and distributional efforts of recorded music and this control allowed them to dominate over smaller record labels

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    Business, I have learned that there are a multitude of rules and regulations that musical acts and artists must adhere to and, in some circumstances, sadly abide by in order to make the most out of their profession. Although signing to a major label record contract appears to be the best way for musicians to get their music out there to larger audiences, more problems by agreeing to “unfair” terms seem more prevalent in this particular contract then there are favorable ones. Artists royalty rates

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    modern world. In this case, I will choose an American rock band Paramore as a case study. I will first start with an overview and a brief history of the band, afterwards I will focus on the main four music business areas, which are Artist Management, Record Companies, Music Publishing and Live Performance, examining how they operate in the industry and their relationship between each area and with the band. Finally, I will finish up with a conclusion and my own views. Body Text: The American alternative

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    Making It: Success in the Music Industry Essay

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    abilities develop. Another way of gaining knowledge of music and to get experience is to start touring with a band and get used to coming up with ideas for records. Brandon Boyd makes another statement in the article, “Brandon Boyd of Incubus” by Jancee Dunn, writer for Rolling Stone magazine. Brandon explains, “We fight a lot when we’re writing our records. You know, it’s five different opinions trying to make their way into one… Bands break up for stupid reasons” (Dunn 26). Experience is a valuable advantage

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