All You Need to Know about the Music Business

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9780130269157: All You Need to Know about the Music Business

For fifteen years, All You Need to Know About the Music Business has been universally regarded as the definitive, essential guide to the music industry. Now in its sixth edition, it has been completely revised and updated with crucial, up-to-the-minute information on the industry's major changes in response to today's rapid technological advances and uncertain economy. Veteran music lawyer Donald Passman is in the thick of this transformation and understands that anyone involved in the music business is feeling the deep, far-reaching effects of it. 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 industries.

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 aspire to be -- a performer, writer, or executive, Passman's comprehensive guide to the legal and financial aspects of the music world is an indispensable tool. Drawing on his unique professional experience as one of the most trusted advisors in the industry, Passman offers authoritative information on 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, webcasting, streaming-on-demand, and podcasting
  • The new video streaming services
  • How royalties are computed in the digital age
  • The latest developments in deals with independent labels, including upstream deals
  • Updates on all the traditional industry matters, such as royalties, advances, video budgets, and copyright law

In All You Need to Know About the Music Business, one of the industry's most influential figures shows you how to thrive in the most exciting business in the world. It's a book that no musician, entertainment lawyer, agent, promoter, publisher, manager, record company executive -- anyone who makes their living from music -- can afford to be without.

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From the Publisher:

Everything you've ever heard about the music business is true. It's a world where the rewards can be enormous, but the risks even greater. The key to success is knowing how the business works so you can protect yourself -- since no one will take as good care of your career as you.

That's where Donald S. Passman comes in. Because if you want the best advice, it pays to turn to the best in the business. His star-spangled list of clients shows that his advice is the best that money can buy. Now, from one of the music industry's most sought-after lawyers, here is the third revised and expanded edition of the book that the Los Angeles Times has proclaimed "the industry bible" -- the savvy insider's guide to every legal and financial facet of the business.

Whether you want a career as a performer, writer, producer, or executive, or whether you are just curious about the fascinating multibillion-dollar music industry, you will benefit enormously from this fully updated, comprehensive, and easy-to-read overview of the entire business.

About the Author:

Donald Passman is a Phi Beta Kappa graduate of the University of Texas and a Cum Laude graduate of Harvard Law School. He is a prominent entertainment lawyer with the firm Gang, Tyre, Ramer & Brown, and his clients include such major entertainers as Tina Turner, Janet Jackson, Quincy Jones, Don Henley, Tom Waits, and Randy Newman. In addition, he represents many music publishers, producers, record companies, songwriters, industry executives, and film companies. He is frequently listed as one of the fifty most influential people in the entertainment industry, and is commonly credited with having won Janet Jackson her $40 million megadeal with Virgin Records. He has taught and lectured extensively, and has been teaching a course on the music industry at the University of Southern California Law School's Advanced Professional Program since 1978. He lives in Los Angeles, California, with his wife and family.

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Passman, Donald S.
Published by Prentice Hall (1991)
ISBN 10: 0130269158 ISBN 13: 9780130269157
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Passman, Donald S.
Published by Prentice Hall (1991)
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