*Business
Behind The Music *
By:Elina Cruz
The word music has a whole meaning of it's own, but what's behind the music
industry is a world that has been hiding until NOW. There is a more
to music than a stage full of great dancers and a beautiful singer.
What actually makes music is what's behind the
scene, the people behind those cameras who are involved in this business.
Before our artist hit the arena they need to know about Business Law because
is a major part of the music industry from copyrights to management. Copyrights
are legal rights that are established by federal law to control an author's
Part of the music industry where an identifying name, design or sign is
considered a profitable piece of property.
This provides legal assurance to the owner's
rights to use and profit from that trademark in association with the service
or product he or she provides. A trademark allowing the owner to
prevent others from using the same type of information.
For trademark application of publication:
Websites: U.S patent and trademark office
http: www.uspto.gov.
Brain Brodeur a former studio Engineer, has done work
for Def Jam and Mercury records, said" The backbone of the music industry
is two fold. It runs on music & money.
There are billions of dollars a year spent on new
music and behind all those sales is a fundamental system of publishing
royalties. Some royalties are "ADMINISTERED" by artist rights groups like
ASCAP & BMI. There are different kinds of royalties and recording
artist have money ways to earn royalties they earn them from film soundtracks,
to TN airplays, to record sales, to live performance...
Some artist claim almost $3 -$5 per album sold (i.e.
Paul Simon) and some have multi year careers and hardly see any royalties..."
Now leading to the management, the manger in
most cases has a major role in the lives and careers of an artist.
Typically a manger will advise the artist in matters
related to
Marketing, publicity, promotion employment and image.
The terms of agreement should be discussed: how long
it will last and if the contract will extend on a regular basis.
A manager go out of his way if he see that the artist
has talent and is truly is worth a profit. Then the money comes out of
the managers pocket, but if the artist themselves see that what was promise
is not being accomplish then the contract can be dismissed. The managers
have duties and responsibilities towards the artist. The mangers
are like second guardians where they provide supervision and Coordination
of those people, offering counseling and advice.
Having a manger always brings three questions to mind:
1) How much will the manager are paid?
2) In what form will the manager be compensated?
3) Who will pay for the expenses?
Due to this, problem rises. To avoid these conflicts
there should be an agreement for a manager to receive a specific percentage.
When an artist begins and walks-in with only
their talent, they walk in with no knowledge of the recording industry.
That's why it's a good idea to have a reliable lawyer at their side.
A lawyer that would make sure there's
no fraud. There is a whole chain involved in this
business:
Lawyer > Manager > Publicist > booking management
>Tour management > Image consultant.