All You Need to Know About the Music Business

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"I almost hesitate to recommend Don s
book—it gives away more inside
information than it should."
—Mo Ostin, Chairman of the
Board, DreamWorks Records
Everything you've ever heard about the music
business is true. It's a world where the rewards
can be enormous, but the risks even greater. The
key to success is knowing how the business works so
you can protect yourself—since no one will take as
good care of your career as you.
That's where Donald S. Passman comes in.
Because if you want the best advice, it pays to turn to
the best in the business. His star-spangled list of
clients shows that his advice is the best that money
can buy. Now, from one of the music industry's most
sought-after lawyers, here is the third revised and
expanded edition of the book that the Los Angeles
Times has proclaimed "the industry bible"—the savvy
insider's guide to every legal and financial facet of the
business. Whether you want a career as a performer,
writer, producer, or executive, or whether you are just
curious about the fascinating multibillion-dollar
music industry, you will benefit enormously from
this fully updated, comprehensive, and easy-to-read
overview of the entire business.
Drawing on his unique professional experience,
as well as many humorous and illustrative anecdotes,
Passman gives you the music business from the
ground up. You'll learn how to:
• Select and hire a winning team of advisors—
personal and business managers, agents, and
attorneys—and structure their commissions,
percentages, and fees in a way that will protect
you and maximize your success
• Master the big picture and the finer points of
record deals, including demos, compact discs,
and music videos
• Understand the ins and outs of songwriting, music
publishing, royalties, advances, and copyrights
• Maximize concert, touring, and merchandising
deals
• Secure the rights to your band's name—and find
out if someone else is using it
(continued from front flap)
You will also learn about:
• The multimillion-dollar megadeals
• New developments regarding sampling
• How a company called SoundScan is changing
the music business
• The 1992 Audio Home Recording Act, which
taxes digital tapes and recorders
The NEW MATERIAL covered in this edition
includes:
• The most up-to-date financial information about
royalties, advances, etc.
• The use of music on the Internet
• On-line services, CD-ROMs, and other new media
• Classical music
• The Digital Performance Act
• New industry trends in all areas
The music industry can be a gold mine, a mine-
field, or both, but with a small investment of time in
learning the business, you can reap huge benefits.
Donald S. Passman gives you the confidence and
know-how you need to negotiate your way past the
pitfalls and build a solid professional reputation and
career. Fresh, practical, and full of insights, All You
Need to Know About the Music Business can help put
you on the inside track to success. Vissza