Review #2 (Music Business)

The Music Telegraph | Text 2019/01/07 [11:32]

Review #2 (Music Business)

The Music Telegraph| 입력 : 2019/01/07 [11:32]

 

 



Review (2)

 

 

Performance Royalties

- $ earned each time a song is played on Broadcast Media (Radio, TV, Cable, Internet, Satellite, etc.)

 

 

 

Mechanical (Publishing) Statutory rate

- 1.75c (2006~2007) per minute or fraction

- Average 4 minute song = 9.1c

- Before 1976: 2c per song

- Rate updates every 2 years

 

 

 

Advance

- Prepayment of royalties (loan to be repaid or recouped)

 

 

 

Dream team

- Lawyers (flat rate, hourly, percentage, deferred, retainer), Manager (personal & business), Booking agent, Accountant

 

 

 

Harry Fox Agency

- An independent company that will audit record companies for you for a fee of 6.75% of what they recover on your behalf

 

 

 

Producer’s role in studio

1) Pre-production: budget, scheduling, studio, song writing, rehearsals, equipment, musicians, travel&accommodation, relationship with artist, engineer, singers, hiring personnel, paper work (taxes, track sheet, liner notes, payroll, receipts), cartage

 

2) Production: Recording, basic tracking, reference vocal, overdubs, background vocals, lead vocal, mixing

 

3) Post-Production: Mixing, editing, remixing, mastering

 

 

 

Production company role to artist

- Record your demo, ship it to major labels to get you signed a deal

 

 

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