A career coach recommended me this book 10 years ago. I bought it. I was 22 and felt it was too boring. Now I’m 30 I’m like tell me everything please 😅😂
Isn't it fascinating how our perspectives change as we grow? What seemed boring at 22 suddenly becomes gold at 30. It's like we unlock new levels of understanding with each year. Now that you're all ears, dive into that book! You might find it holds exactly what you need at this point in your journey. Get his brand new 11th edition out now here... amzn.to/3sdgrja And thanks for being an 'Insider' MUBUTV 📚
Indeed we are! It is perfect timing and we’re glad that you’re enjoying the channel. Don’t forget to subscribe and hit the notification bell to be notified when new videos are released. And thanks for being an ‘Insider’. MUBUTV
Absolutely Redd! That’s what you need to do commit things to memory that things become second nature. We’re glad you’re getting great value out of the video. Check out tons of others on our channel and don’t forget to subscribe, and thanks for being an ‘Insider’. MUBUTV!
I'm using a new blog account here, but I just oredered the book. I'm an artist manager and event producer. "Never stop learning" is something that works in theory and in practice.
Hello soundcandy1! We're glad you did order it. It's a great book to learn about the business in an easy to digest format. Absolutely always being a student, will serve everyone well. Thanks for your comment and don't forget to subscribe and hit the notification bell to be notified when new videos are released. Thanks for being an 'Insider'. MUBUTV
Appreciate that fellas! I'm Dj Richiemixx from Florida. Got my first set of digital decks not long ago. So I want to do everything. DJ live events, streaming and create music. I've loved music my whole life. It's time to take it to the next level. And I really would like to know everything I need to know to make that happen. Nvidia's like this one are very important and full of professionalism and knowledge! Thank you very much. I'll stay tuned.
Hey DJ Richiemixx! That's awesome to hear you're diving into the DJ scene with your new digital decks. It sounds like you've got a great journey ahead in live events, streaming, and music creation. If you have any specific questions or need tips on getting started, feel free to drop them here. Keep up the passion, and we're excited to see where your music will take you! Stay tuned indeed! MUBUTV 🎧🎶
🎯 Key Takeaways for quick navigation: 04:58 *🎶 Don Passman's journey into music law and writing "All You Need to Know About the Music Business" stemmed from his childhood love for music.* 10:33 *🔄 Passman updated his book to reflect streaming's impact on the music industry, including changes in revenue models.* 19:23 *💰 TH-cam negotiated royalties with record labels amid copyright challenges.* 25:24 *📈 Record companies now prioritize artists' online presence and data before signing deals.* 32:11 *💼 The controversial "360 deal" emerged to share artists' revenue streams beyond music sales.* 41:41 *🎶 Artists now have more control over their music with platforms like AWAL.* 47:05 *📜 The Music Modernization Act simplifies royalty collection for digital service providers.* 53:55 *🎵 ASCAP and BMI's consent decrees affect licenses beyond terrestrial radio.* 56:12 *📻 Traditional radio faces challenges from streaming services' popularity.* 01:02:05 *🎤 Millennials prioritize experiences, influencing trends like virtual reality concerts.* 01:03:24 *💫 Hologram tours raise legal and ethical concerns about posthumous representation.*
Hi Garfield! And thanks so much for your comment. Yes, indeed a lot has changed since then and continue to change and evolve as you know. Here's a link to the latest edition in case your interested... amzn.to/3lPNSp0 Thanks again and welcome aboard. Don't forget to subscribe and hit the notification bell to be notified when new videos are released. Thanks for being an 'Insider'. MUBUTV
WOW, I can't believe you got Don to talk! I first read this book in 1993. I need to buy an updated edition for sure. Thanks so much for this!!! Have a great day!
We're so glad you enjoyed it! It's amazing how timeless some books can be. Definitely worth getting the updated edition-there might be some new insights waiting for you. Thanks for sharing your excitement and thanks for being an 'Insider'. MUBUTV
1:07:51 I was listening to hear what was the biggest differences of this edition and the original !! A lot of common information involved ! I’ll probably grab the newest edition
We're so glad that you were able to establish that. Hold on though, he's got a new version coming out in October and we'll be sharing some more news about that soon. Thanks for being an "Insider'. MUBUTV
Insiders! Pre-order his brand new 11th Edition of the book out on 10/24/2023. Here’s the link to order… amzn.to/3sdgrja Get our FREE A&R Guide: The Art & Etiquette of Reaching A&R here... www.mubutv.com/contact/mubutv-free-guides/a-r-free-guide
Hi Lic, we’re glad that you’re getting great value out of this interview, you’re very welcome. Yes please do, it’s a great book filled with tons of great info and easy to understand. Don’t forget to subscribe and thanks for being an ‘Insider’. MUBUTV
@@MUBUTV Thanks for the attention of replying, my husband and I are musicians and producers; I got the book is going to get here next Tuesday, we are both reading it and I’ll be leaving my feedbacks. Awesome channel by the way! Have Great day!
Thank you for watching! We're glad you found this video helpful in your pursuit of success in the industry. Keep pushing forward and never stop learning! MUBUTV
Glad you found it. Do you have the new edition that just came out a couple of months ago? If not you can pick it up here. amzn.to/3sdgrja thanks for watching. MUBUTV
That's awesome! You're going to love the new insights and updates in the 11th Edition. Can't wait to hear what you think about it. Happy reading! 📚 MUBUTV
Great innerview guys. I bought don book back in 1999. And been hooked every since I even had the opportunity to talk to him on a phone call. 😊😊😊😊 great work guys
Thanks so much Nicholas, we really appreciate it. That’s great that you spoke with him on that call. You can Pre-order his new 11th edition of the book out 10/24/2023. Here’s the link… amzn.to/3sdgrja
You're welcome Nikolas! We're thrilled to hear that you found the interview both useful and interesting. If there are any particular topics or guests you'd like to see in future content, feel free to let us know. Your support is greatly appreciated! MUBUTV
Thanks for checking out the video. You can Pre-order the new book out 10/24. Here’s the link… amzn.to/3sdgrja Thanks for watching and thanks for being an ‘Insider’. MUBUTV
Oh, that sounds like such a nostalgic moment! It's amazing how certain places can trigger memories of people and experiences. Thanks for watching and being an 'Insider'. MUBUTV
Pardon my confusion 😳… I have this 10th edition of Passmans book. Same cover as shown on this podcast. But the last copyright date is 2019. Is 2019 what you’re calling recent? A rewrite from four years ago isn’t what I’d call recent. Is there a 2023 edition? 🤔
Fantastic! We're so glad that you enjoyed the interview. Don is the best and we're glad that you're picking up the book. Here's the direct link to it amzn.to/3KGLawx. Welcome aboard and thanks for being an 'Insider' MUBUTV
This is a great conversation about the Music Industry 🎶 🎵 👌 i want to be in the music business i wanna learn to write ✍ songs producing music in the Recording Studio 🎙
Indeed Sasha it is great! Thanks so much for your message and thanks to you for all of your help with MUBUTV. You're a part of the reason why we're here today. Thank you!
One of the questions I wished you asked which may be dumb but at the same time I feel like could make sense is if there is a circumstance where signing a 360 could be a good idea. Like for example he said they take parts of everything but is there any rate and circumstance where he would say yea this may be a good deal. I’m in school so I think of it like in terms of that way. A comp sci major may take out 40k in loans but one year will make 70k out of school possibly and then more over the long haul. Is there any approach with a 360 like that. Like yea their going to take 10 percent out of your tour but it’s possible you make 80k from the tour. Like I said may be a dumb question but I’m just not sure
Signing a 360 deal can be beneficial under certain circumstances. If an artist is early in their career and doesn't have the capital or connections to promote their work, a 360 deal can provide the necessary resources and support to build their brand and reach a larger audience. The label's involvement in multiple revenue streams means they have an incentive to promote the artist aggressively. Consider the deal's terms carefully-what percentage they take, for how long, and what they're offering in terms of advance, marketing, touring support, etc. Also, assess whether the label has a solid track record with other artists in similar deals. If you're confident the label will significantly boost your earnings and career prospects, and the terms are fair, a 360 deal might be a good investment in your future, much like taking out a loan for education in anticipation of higher earnings later on. Always consult with a lawyer experienced in entertainment law before signing any contract. Thanks for your insight and for being an 'Insider'. MUBUTV
So you're telling me that I need to pay some type of fee to access a database of contact info that may or may not pick up the phone or respond back to you if you're trying to take your music career to the next level? And if you have to work so hard just to attract the attention of a record company, what the hell is the point of having a recording contract in the first place?
Hi Bradley! We totally get where you're coming from, and it can indeed feel a bit frustrating. Paying for access to a database for contacts does seem like a leap of faith, especially when responses aren't guaranteed. However, you can think of it as an investment in your music career. It's all about getting your foot in the door and creating opportunities that wouldn't exist otherwise. Attracting the attention of a record company [if that is in fact what you want to pursue] often requires a lot of effort and persistence, but the potential rewards can be significant. A recording contract can provide resources, support, and a platform that might be challenging to achieve on your own. It's about partnership and amplification of your talent. Remember, every successful artist started somewhere, facing similar challenges and uncertainties. The key is to stay passionate, keep pushing forward, and explore every avenue to get your music heard. Who knows? The next contact you reach out to might just be the one that propels your career to new heights. Flipping that coin, maybe going after a record deal is not the way to go for you and it's about building a sustainable business for your career. A lot of acts and artists are doing just that without the help of a record company. So just some food for thought. Thanks for your comments, and thanks for being an 'Insider'. MUBUTV
@@MUBUTV I would love to get a recording contract but I've heard so many horror stories about people who signed to record companies and their music getting shelved. I would never sign a 360 deal.
the point is basically just an investment, & to open some doors you could theoretically open yourself, but would have much more difficulty in doing. on top of that you have a more well established company (departments & teams), however the tradeoff is they work for several artists, not just you.
Thanks so much for your kind words! We're thrilled to hear you enjoyed the podcast. If you have any favorite moments or topics you'd love for us to explore further, feel free to share. Your feedback is always welcome! MUBUTV
Definitely misspoke, Spotify free service has been available on mobile forever and why no one caught that during the podcast is beyond me but this is a great podcast otherwise 🔥🙌🏽🎧🦾
Spotify free version is actually available on mobile also ,so maybe this video is old & at them time Spotify free version wasn’t available. Either way very good video I’m listening & enjoying the content
Hello there and thanks so much for your comment. When Don is referring to "we" during the interview, he's referring to everyone working in the industry. Since he's a music attorney I guess he's using that language to encapsulate everyone that works within the industry. Thanks so much for checking it out and thanks for being an 'Insider'. MUBUTV
We don’t think it would apply there unless there is a translation of the book available there in your country. You would need to research that. It has come out in several countries in the past. Thank for your question and being an ‘Insider’. MUBUTV
His premise that 40-50 dollars per year in the heyday of the music business to 84 dollars per year spent per person per year on music is flawed. Firstly 44 dollars adjusted for inflation from 1995 to 2023 is about 84 dollars. Secondly the 44 dollars spent in ‘95 would have been three or four CDs. That revenue was produced by 1-4 artists in 1995. The 84 present day dollars produced by streaming is produced by music from all of the artists available on all streaming services. So there is no revenue gain industry wide. Streaming just made robbing artists of their cut a lot easier by using the shell game the music business has created. I can stream Jelly Roll to todays latest release for a subscription fee. In the 90s I listened to what I owned or was exposed to on the radio.
The inflation adjustment you've mentioned is a valid point; $44 in 1995 does have a very different value compared to 2023. It's also a fair observation that the revenue from music purchases in the '90s would be distributed among fewer artists compared to today's streaming model, where revenue is spread across many more artists. This indeed highlights how the shift to streaming has changed the dynamics of revenue distribution in the music industry. Thanks for your comments Eric and thanks for being an 'Insider'. MUBUTV
Please upgrade and show us videos not still picture and sound only..on introductions..that's why we are watching TH-cam we want to see videos not pictures...
If you're going put your art in someone else's hands after the last eighty years of theft and abuse, I'm sorry. Evil doesn't have a leg to stand on without stupid people buying in
A Songwriter spends his or her entire life working and creating music. Only to turn around and have to compete over art with other people to gain fractions of penny's from stream listens? Steaming is NOT revolutionary. Its a goddamn curse! This book so far has taught me one thing. The music business is completely ass backwards which is why so many quit. Better laws need to be put in place. Remember Spotify is Napster. Same asshole, same concept, different company. People need to get back to buying albums or buying music. They need to own it so they will appreciate it more. In their car / on their music player / on their record player. You don't fall in love with songs that are streamed. You forget about them and then you rabbit hole to the next like a slot machine fixation. Songwriters and musicians don't spend countless months creating just so they can be a slot machine. They want people to at least appreciate it. Streaming will NEVER Let you appreciate anything.
Hi John and thanks for your comments. We understand your frustration and the sentiment you're expressing. It's clear you have a deep passion for the value of music and the artistry behind it. The transition from traditional music purchasing to streaming has indeed shifted how artists are compensated, often emphasizing quantity over quality in terms of streams versus deep engagement with the music. However, it's also worth considering that streaming has democratized access to music, allowing listeners worldwide to explore a vast array of genres and artists they might never have encountered otherwise. This exposure can lead to more live show attendance, merchandise sales, and direct support through platforms that allow fans to contribute directly to their favorite artists. The conversation around fair compensation for artists is crucial, and advocating for better royalty rates and support structures is important. Bringing attention to the value of owning music is a valid point-ownership can foster a deeper connection to the work. Your passion for seeing artists appreciated and compensated fairly is shared by many. It's a complex issue that requires ongoing dialogue between streaming platforms, artists, lawmakers, and fans to find a more equitable solution. MUBUTV
I paid for premium TH-cam to be bombarded with ads disguised as sponsors every 10 minutes. They are just as long if not longer than TH-cam ads. Fuck it annoys me cause I wanted to watch this content. I hope someone reads this and sees what I am talking about.
Sorry about all the annoying ads you received. You can listen to the episode here. podcasts.apple.com/us/podcast/music-business-insider-podcast/id1671955825?i=1000602015477
@@MUBUTV nah I don’t listen to podcasts either. A lot of them have ads disguised as sponsorships. I understand you guys need money and they help, they just take attention away from the topic being discussed. It’s not just you guys. It’s everyone that has a sponsorship ad like Joe and his alpha brain ad after every 10 minutes. I will just buy the book and read it. I don’t need to listen to an interview. I was interested but lost interest after sponsorship gap.
![All You Need To Know About The Music Business 11th edition With Don Passman [Update 2024]](http://i.ytimg.com/vi/FG8VfGfoqgY/mqdefault.jpg)
![All You Need To Know About The Music Business 11th edition With Don Passman [Update 2024]](/img/tr.png)
i'm one of the lucky ones who found this content
Excellent! We’re glad you found us. Thanks so much for being an ‘Insider’. MUBUTV
Thanks Aro-z - So glad to have you as an insider.
@@musicbizregistry s
Me toooo 🥰 just now. I googled the book off of a random reel of ludachris
Please record our kids need this 🙏🏾 ❤️
A career coach recommended me this book 10 years ago. I bought it. I was 22 and felt it was too boring. Now I’m 30 I’m like tell me everything please 😅😂
Isn't it fascinating how our perspectives change as we grow? What seemed boring at 22 suddenly becomes gold at 30. It's like we unlock new levels of understanding with each year. Now that you're all ears, dive into that book! You might find it holds exactly what you need at this point in your journey. Get his brand new 11th edition out now here... amzn.to/3sdgrja And thanks for being an 'Insider' MUBUTV 📚
You guys are making a comeback after 4 years 🤩 perfect timing I barely discovered this goldmine of a channel around 10 days ago 🤭
Indeed we are! It is perfect timing and we’re glad that you’re enjoying the channel. Don’t forget to subscribe and hit the notification bell to be notified when new videos are released. And thanks for being an ‘Insider’. MUBUTV
@@MUBUTV It's been a long journey OG, but we're back and we're staying!
These guys are great! Giving back to those who need advice and help. Love them!
I literally just finished the book today but this interview is priceless.Great job guys!!
Fantastic! We’re glad you read it and glad you checked out our interview, we really appreciate the kind words. Thanks for being an ‘Insider’. MUBUTV
A student as an upcoming rap artist. Great video. I’ll keep listening until it’s stuck in me.
Absolutely Redd! That’s what you need to do commit things to memory that things become second nature. We’re glad you’re getting great value out of the video. Check out tons of others on our channel and don’t forget to subscribe, and thanks for being an ‘Insider’. MUBUTV!
I'm using a new blog account here, but I just oredered the book. I'm an artist manager and event producer. "Never stop learning" is something that works in theory and in practice.
Hello soundcandy1! We're glad you did order it. It's a great book to learn about the business in an easy to digest format. Absolutely always being a student, will serve everyone well. Thanks for your comment and don't forget to subscribe and hit the notification bell to be notified when new videos are released. Thanks for being an 'Insider'. MUBUTV
Appreciate that fellas! I'm Dj Richiemixx from Florida. Got my first set of digital decks not long ago. So I want to do everything. DJ live events, streaming and create music. I've loved music my whole life. It's time to take it to the next level. And I really would like to know everything I need to know to make that happen. Nvidia's like this one are very important and full of professionalism and knowledge! Thank you very much. I'll stay tuned.
Hey DJ Richiemixx! That's awesome to hear you're diving into the DJ scene with your new digital decks. It sounds like you've got a great journey ahead in live events, streaming, and music creation. If you have any specific questions or need tips on getting started, feel free to drop them here. Keep up the passion, and we're excited to see where your music will take you! Stay tuned indeed! MUBUTV 🎧🎶
@@MUBUTV
Yes I do. I do, freakin excited too! Thanks!
🎯 Key Takeaways for quick navigation:
04:58 *🎶 Don Passman's journey into music law and writing "All You Need to Know About the Music Business" stemmed from his childhood love for music.*
10:33 *🔄 Passman updated his book to reflect streaming's impact on the music industry, including changes in revenue models.*
19:23 *💰 TH-cam negotiated royalties with record labels amid copyright challenges.*
25:24 *📈 Record companies now prioritize artists' online presence and data before signing deals.*
32:11 *💼 The controversial "360 deal" emerged to share artists' revenue streams beyond music sales.*
41:41 *🎶 Artists now have more control over their music with platforms like AWAL.*
47:05 *📜 The Music Modernization Act simplifies royalty collection for digital service providers.*
53:55 *🎵 ASCAP and BMI's consent decrees affect licenses beyond terrestrial radio.*
56:12 *📻 Traditional radio faces challenges from streaming services' popularity.*
01:02:05 *🎤 Millennials prioritize experiences, influencing trends like virtual reality concerts.*
01:03:24 *💫 Hologram tours raise legal and ethical concerns about posthumous representation.*
Thanks
I have the Sixth edition..that's crazy how much has changed since then..Crazy!!
Hi Garfield! And thanks so much for your comment. Yes, indeed a lot has changed since then and continue to change and evolve as you know. Here's a link to the latest edition in case your interested... amzn.to/3lPNSp0 Thanks again and welcome aboard. Don't forget to subscribe and hit the notification bell to be notified when new videos are released. Thanks for being an 'Insider'. MUBUTV
WOW, I can't believe you got Don to talk! I first read this book in 1993. I need to buy an updated edition for sure. Thanks so much for this!!! Have a great day!
We're so glad you enjoyed it! It's amazing how timeless some books can be. Definitely worth getting the updated edition-there might be some new insights waiting for you. Thanks for sharing your excitement and thanks for being an 'Insider'. MUBUTV
@@MUBUTV I ordered edition 11 as I was watching your video :)
I'm thrilled and excited reading 📖 the Book 📙 10th Edition
You guys are a fucken blessing...from South Afrika with love
Thank you Mr. Milla! It sour pleasure. Welcome aboard. MUBUTV!
1:07:51 I was listening to hear what was the biggest differences of this edition and the original !! A lot of common information involved ! I’ll probably grab the newest edition
We're so glad that you were able to establish that. Hold on though, he's got a new version coming out in October and we'll be sharing some more news about that soon. Thanks for being an "Insider'. MUBUTV
@@MUBUTV thank you for the heads up! #215salute #respect
Insiders! Pre-order his brand new 11th Edition of the book out on 10/24/2023. Here’s the link to order… amzn.to/3sdgrja
Get our FREE A&R Guide: The Art & Etiquette of Reaching A&R here... www.mubutv.com/contact/mubutv-free-guides/a-r-free-guide
Amazing
Within seconds he shows a lot of good information well done
That’s great we’re so glad you’re getting great value right out of the gate. Thanks for watching! MUBUTV
Thanks for all the valuable information; I’ll be getting the book soon!
Hi Lic, we’re glad that you’re getting great value out of this interview, you’re very welcome. Yes please do, it’s a great book filled with tons of great info and easy to understand. Don’t forget to subscribe and thanks for being an ‘Insider’. MUBUTV
@@MUBUTV Thanks for the attention of replying, my husband and I are musicians and producers; I got the book is going to get here next Tuesday, we are both reading it and I’ll be leaving my feedbacks. Awesome channel by the way! Have Great day!
Will order this bookNOW!!
Great! Here is the link... amzn.to/3lPNSp0
Been making music for years…how tf did i not hear of this book haha
Side note- ive also read quite a few books on the music biz!!
Everything I need to know to be successful in the industry in one video!
Thank you for watching! We're glad you found this video helpful in your pursuit of success in the industry. Keep pushing forward and never stop learning! MUBUTV
Thank you guys! Very interesting! I purchased the 11th edition yesterday ;)
Excellent Tatiana! We hope that you’re enjoying the book and thanks so much for listening, and thanks for being an ‘Insider’. MUBUTV
Never knew this was out here. I have at least 3 copies of this book!
Glad you found it. Do you have the new edition that just came out a couple of months ago? If not you can pick it up here. amzn.to/3sdgrja thanks for watching. MUBUTV
I found gold in this channel
Wow, that's awesome to hear! So glad you found value in it. Thanks for sharing your excitement with us! MUBUTV
JUst ordered the 11th Edition! 🤩
That's awesome! You're going to love the new insights and updates in the 11th Edition. Can't wait to hear what you think about it. Happy reading! 📚 MUBUTV
Me too.😮
Great innerview guys. I bought don book back in 1999. And been hooked every since I even had the opportunity to talk to him on a phone call. 😊😊😊😊 great work guys
Thanks so much Nicholas, we really appreciate it. That’s great that you spoke with him on that call. You can Pre-order his new 11th edition of the book out 10/24/2023. Here’s the link… amzn.to/3sdgrja
Great interview. Thanks for making this type of content available, it's remarkably useful and interesting.
You're welcome Nikolas! We're thrilled to hear that you found the interview both useful and interesting. If there are any particular topics or guests you'd like to see in future content, feel free to let us know. Your support is greatly appreciated! MUBUTV
I bought the book in the early 2000s and most of it in today's world is obsolete, I need to buy the latest version.
Thanks for checking out the video. You can Pre-order the new book out 10/24. Here’s the link… amzn.to/3sdgrja
Thanks for watching and thanks for being an ‘Insider’. MUBUTV
😂😂😂. Yeah❗️
I was thinking about him a few days ago when I was at the #FarmersBranch Branch! 😂😂
Oh, that sounds like such a nostalgic moment! It's amazing how certain places can trigger memories of people and experiences. Thanks for watching and being an 'Insider'. MUBUTV
Pardon my confusion 😳… I have this 10th edition of Passmans book. Same cover as shown on this podcast. But the last copyright date is 2019. Is 2019 what you’re calling recent? A rewrite from four years ago isn’t what I’d call recent. Is there a 2023 edition? 🤔
Hi Glenda, yes there is and it's out on 10/24. You can pre-order the book here...amzn.to/3KGLawx
What an interview, so many nuggets. Mr. Passman's book is now on my shopping list, much thanks 🙏🏾
Fantastic! We're so glad that you enjoyed the interview. Don is the best and we're glad that you're picking up the book. Here's the direct link to it amzn.to/3KGLawx. Welcome aboard and thanks for being an 'Insider' MUBUTV
4:50 interview begins here
This is a great conversation about the Music Industry 🎶 🎵 👌 i want to be in the music business i wanna learn to write ✍ songs producing music in the Recording Studio 🎙
Fantastic! Keep watching the channel to learn more about the industry and good luck on pursuing your dream of being in the industry. MUBUTV!
This is a great book!
Indeed Sasha it is great! Thanks so much for your message and thanks to you for all of your help with MUBUTV. You're a part of the reason why we're here today. Thank you!
Thanks so much Sasha. Be sure to let us know what topics or subjects that you would like to see on the channell
Amazing.
Brilliant listen x
Thanks and we're glad you enjoyed it. You can pre-order the new book coming out on 10/24. Here's the link... amzn.to/3KGLawx
I need this book!
Hey Richard! The new edition just came out today. You can order it here.. amzn.to/3sdgrja
One of the questions I wished you asked which may be dumb but at the same time I feel like could make sense is if there is a circumstance where signing a 360 could be a good idea. Like for example he said they take parts of everything but is there any rate and circumstance where he would say yea this may be a good deal. I’m in school so I think of it like in terms of that way. A comp sci major may take out 40k in loans but one year will make 70k out of school possibly and then more over the long haul. Is there any approach with a 360 like that. Like yea their going to take 10 percent out of your tour but it’s possible you make 80k from the tour. Like I said may be a dumb question but I’m just not sure
Signing a 360 deal can be beneficial under certain circumstances. If an artist is early in their career and doesn't have the capital or connections to promote their work, a 360 deal can provide the necessary resources and support to build their brand and reach a larger audience. The label's involvement in multiple revenue streams means they have an incentive to promote the artist aggressively.
Consider the deal's terms carefully-what percentage they take, for how long, and what they're offering in terms of advance, marketing, touring support, etc. Also, assess whether the label has a solid track record with other artists in similar deals.
If you're confident the label will significantly boost your earnings and career prospects, and the terms are fair, a 360 deal might be a good investment in your future, much like taking out a loan for education in anticipation of higher earnings later on. Always consult with a lawyer experienced in entertainment law before signing any contract. Thanks for your insight and for being an 'Insider'. MUBUTV
💯
We're glad you enjoyed the episode. Thanks for being an 'Insider'. MUBUTV
So you're telling me that I need to pay some type of fee to access a database of contact info that may or may not pick up the phone or respond back to you if you're trying to take your music career to the next level? And if you have to work so hard just to attract the attention of a record company, what the hell is the point of having a recording contract in the first place?
Hi Bradley! We totally get where you're coming from, and it can indeed feel a bit frustrating. Paying for access to a database for contacts does seem like a leap of faith, especially when responses aren't guaranteed. However, you can think of it as an investment in your music career. It's all about getting your foot in the door and creating opportunities that wouldn't exist otherwise.
Attracting the attention of a record company [if that is in fact what you want to pursue] often requires a lot of effort and persistence, but the potential rewards can be significant. A recording contract can provide resources, support, and a platform that might be challenging to achieve on your own. It's about partnership and amplification of your talent.
Remember, every successful artist started somewhere, facing similar challenges and uncertainties. The key is to stay passionate, keep pushing forward, and explore every avenue to get your music heard. Who knows? The next contact you reach out to might just be the one that propels your career to new heights.
Flipping that coin, maybe going after a record deal is not the way to go for you and it's about building a sustainable business for your career. A lot of acts and artists are doing just that without the help of a record company. So just some food for thought.
Thanks for your comments, and thanks for being an 'Insider'. MUBUTV
@@MUBUTV I would love to get a recording contract but I've heard so many horror stories about people who signed to record companies and their music getting shelved. I would never sign a 360 deal.
@@MUBUTV😊
the point is basically just an investment, & to open some doors you could theoretically open yourself, but would have much more difficulty in doing. on top of that you have a more well established company (departments & teams), however the tradeoff is they work for several artists, not just you.
Pure gravy!
Can someone explain when he says Spotify is not available on mobile devices? I have the app, was there something I missed?
That was an error on his part. Thanks for the question and thanks for being an 'Insider'. MUBUTV
Great stuff. Thanks
Great! We're so glad that you're getting great value out of our conversation with Don. Thanks for being an 'Insider'. MUBUTV
@@MUBUTV I need to get that book. I just got another good book to read but must add this one as well. Will continue to tune in!
@@doce.c.1365 Here's the link to the pre-order for the new edition. It comes out next month on 10/24. amzn.to/3sdgrja
LETS GOOOOOOOOO THANKYOU
Excellent Podcast ❤
Thanks so much for your kind words! We're thrilled to hear you enjoyed the podcast. If you have any favorite moments or topics you'd love for us to explore further, feel free to share. Your feedback is always welcome! MUBUTV
Did I mishear this .... did Don say, the Spotify free service is not available on mobile devices ?
I think he may have misspoken. We hope you enjoyed the episode.
Definitely misspoke, Spotify free service has been available on mobile forever and why no one caught that during the podcast is beyond me but this is a great podcast otherwise 🔥🙌🏽🎧🦾
He might have meant that Spotify on demand is not free on Mobile, but TH-cam is
@@JuliaHernandezRuza true
Spotify free version is actually available on mobile also ,so maybe this video is old & at them time Spotify free version wasn’t available. Either way very good video I’m listening & enjoying the content
Thanks
Thank you
You're welcome! If you have any more questions or need further information, feel free to ask. Thanks for being an 'Insider'! MUBUTV
Excellent video, & much appreciated, as I'm sure many can concur 👍🏽 . . .but, how are u gonna pronounce "2Pac" so incorrectly?! 😆😅
Why does Don keep saying "we" when referring to the music industry?
Hello there and thanks so much for your comment. When Don is referring to "we" during the interview, he's referring to everyone working in the industry. Since he's a music attorney I guess he's using that language to encapsulate everyone that works within the industry. Thanks so much for checking it out and thanks for being an 'Insider'. MUBUTV
❤
Glad you enjoyed the interview. MUBUTV
I’m sorry this book was written by an Artist Named Kashif he wrote the first book called everything you better know about the Music industry
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Great! Glad you’re getting value out of these. MUBUTV
Is it applicable in the Philippines?
We don’t think it would apply there unless there is a translation of the book available there in your country. You would need to research that. It has come out in several countries in the past. Thank for your question and being an ‘Insider’. MUBUTV
His premise that 40-50 dollars per year in the heyday of the music business to 84 dollars per year spent per person per year on music is flawed. Firstly 44 dollars adjusted for inflation from 1995 to 2023 is about 84 dollars. Secondly the 44 dollars spent in ‘95 would have been three or four CDs. That revenue was produced by 1-4 artists in 1995. The 84 present day dollars produced by streaming is produced by music from all of the artists available on all streaming services. So there is no revenue gain industry wide. Streaming just made robbing artists of their cut a lot easier by using the shell game the music business has created. I can stream Jelly Roll to todays latest release for a subscription fee. In the 90s I listened to what I owned or was exposed to on the radio.
The inflation adjustment you've mentioned is a valid point; $44 in 1995 does have a very different value compared to 2023. It's also a fair observation that the revenue from music purchases in the '90s would be distributed among fewer artists compared to today's streaming model, where revenue is spread across many more artists. This indeed highlights how the shift to streaming has changed the dynamics of revenue distribution in the music industry. Thanks for your comments Eric and thanks for being an 'Insider'. MUBUTV
Vampire for long time
Please upgrade and show us videos not still picture and sound only..on introductions..that's why we are watching TH-cam we want to see videos not pictures...
If you're going put your art in someone else's hands after the last eighty years of theft and abuse, I'm sorry. Evil doesn't have a leg to stand on without stupid people buying in
A Songwriter spends his or her entire life working and creating music. Only to turn around and have to compete over art with other people to gain fractions of penny's from stream listens? Steaming is NOT revolutionary. Its a goddamn curse! This book so far has taught me one thing. The music business is completely ass backwards which is why so many quit. Better laws need to be put in place. Remember Spotify is Napster. Same asshole, same concept, different company. People need to get back to buying albums or buying music. They need to own it so they will appreciate it more. In their car / on their music player / on their record player. You don't fall in love with songs that are streamed. You forget about them and then you rabbit hole to the next like a slot machine fixation. Songwriters and musicians don't spend countless months creating just so they can be a slot machine. They want people to at least appreciate it. Streaming will NEVER Let you appreciate anything.
Hi John and thanks for your comments. We understand your frustration and the sentiment you're expressing. It's clear you have a deep passion for the value of music and the artistry behind it. The transition from traditional music purchasing to streaming has indeed shifted how artists are compensated, often emphasizing quantity over quality in terms of streams versus deep engagement with the music.
However, it's also worth considering that streaming has democratized access to music, allowing listeners worldwide to explore a vast array of genres and artists they might never have encountered otherwise. This exposure can lead to more live show attendance, merchandise sales, and direct support through platforms that allow fans to contribute directly to their favorite artists.
The conversation around fair compensation for artists is crucial, and advocating for better royalty rates and support structures is important. Bringing attention to the value of owning music is a valid point-ownership can foster a deeper connection to the work.
Your passion for seeing artists appreciated and compensated fairly is shared by many. It's a complex issue that requires ongoing dialogue between streaming platforms, artists, lawmakers, and fans to find a more equitable solution. MUBUTV
I paid for premium TH-cam to be bombarded with ads disguised as sponsors every 10 minutes. They are just as long if not longer than TH-cam ads. Fuck it annoys me cause I wanted to watch this content. I hope someone reads this and sees what I am talking about.
Sorry about all the annoying ads you received. You can listen to the episode here. podcasts.apple.com/us/podcast/music-business-insider-podcast/id1671955825?i=1000602015477
@@MUBUTV nah I don’t listen to podcasts either. A lot of them have ads disguised as sponsorships. I understand you guys need money and they help, they just take attention away from the topic being discussed. It’s not just you guys. It’s everyone that has a sponsorship ad like Joe and his alpha brain ad after every 10 minutes.
I will just buy the book and read it. I don’t need to listen to an interview. I was interested but lost interest after sponsorship gap.
@MUBUTV No good deed goes unpunished
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Usher brought me here.
Hey there! It's awesome that Usher's music has guided you to this video. Thanks for listening and thanks for being an 'Insider'. MUBUTV