All You Need to Know About the Music Business - 5th Edition Book

In the music business, the key to success lies in knowing how to protect yourself. Whether you are a performer, writer or executive, Passman's revered and exhaustive guide to the legal and financial aspects of the music world is an essential tool, offering authoritative, up-to-the-minute information. You'll learn how to: select and hire a winning team of advisors; master the big picture and the finer points of record deals; navigate the ins and outs of songwriting, music publishing and copyrights; and maximize concert, touring and merchandising deals. This fifth edition also includes information on: music downloads and streaming; how royalties are computed in the digital age; why record companies are hemorrhaging money; new laws on copyright infringement, illegal downloads and challenges to intellectual property rights; industry strategies to combat piracy; and the new model for record deals. Should be required reading for anyone planning or enduring a career in the biz. Rolling Stone