David Purcell from NYU gives insight into the future of the music industry as it relates to file sharing and digital distribution online.

Peter Shukat, an entertainment lawyer with Shukat, Arrow, Hafer, Weber & Herbsman in New York City,  discusses key issues in a recording contract such as the amount of product the label agrees to give and what kind of advance/royalty is going to be paid. He also covers the restrictions and limitations an artist can put on a record company and the mechanical royalty clause.

In this video, Janet Kleinbaum, Senior VP of Artist Marketing and Video Production for Jive Records, gives some sound advice for entering the music business. Some of the points she makes in this video could apply to any business you decide to enter into.

Jay Cooper, a music lawyer based in Los Angeles breaks down the importance of educating yourself about the music business and cites some examples on how that can greatly benefit how you get paid.

The formula for success in this game right now is simple. Your following is your value. Period. Creating income streams from that influence then becomes just a matter of creating partnerships with other businesses or developing a business plan of your own.

Whether you know it or not, you are a business, And  you can diversify your income in a number of Read the rest of this entry »

Nuff said!

via Mike Hudack

Hard work, authenticity, and a love for what you do is a winning formula for having a lasting career in the music business. This holds true whether you’re on the creative or the business side of music. How these attributes work together to put you on that path is expressed superbly by Randy Lennox, the President and CEO of Universal Music Canada.

Kevin Shine is an A&R consultant for Jive Records. Kevin has dedicated a large part of his time to teaching up and coming artists about the inner workings of the music business. In this video, he makes it plain about what an A&R does and shares his distaste for those who abuse the position.

Tommy Boy Records’ role in the history of hip hop has been of great significance. From the very beginning, artists on that label defined the very core of hip hop culture. Some of the most notable artists were, Afrika Bambaataa, Queen Latifah, De La Soul, Naughty by Nature, Digital Underground, and many, many more. I caught up with founder and CEO, Tom Silverman, to talk about his thoughts on the future of the music business and The New Music Seminar, an event Tom created to educate aspiring artist by bringing them together with music industry professionals and visionaries that are shaping the future of the business.