MUSIC
BIZ 2
So, what does this all mean for a young person starting out in music?
I hope you use the BIZ 101 information to properly set your goals. Do
not assume that just because you pack your local bar on a weekend, that
you can make a living. You WILL make a great living for the bar OWNER.
He or she will LOVE you! But you may not make a very good living for
yourself.
Your goal if you are interested in music biz, should focus on sales
of product, acquiring publishing rights and receiving copyright royalties.
This is how musicians make money. They (w/ VERY rare exceptions-and
I can't even think of one) do not make money by playing a musical instrument,
no matter how well they may play it. John Lennon is considered
a great musician along with Jimi Hendrix. Both played guitar, but neither
one received money for playing their guitars. Lennon got rich from SELLING
records and from songwriter royalties. Hendrix also made money
from SELLING records and to a much lesser extent, songwriter royalties.
Both of these guys (and countless others) got royally screwed out of
the big money which comes from the leasing of publishing rights. This
is how record producers and some artists (Jackson, McCartney) really
do become rich.
Publishing rights means (and I am simplifying, please email me if you
really want to get into this subject) that if you own the rights to
a copyrighted work, you will receive a fee EVERY time that work is performed
or published, That means when someone buys the sheet music to "Feelings',
the guy who owns those rights gets a fee. Every time it's played on
the radio--cha-ching! Fee! When u hear Zeppelins "Rock and Roll" on
the Cadillac commercial- FEE! The artist is NOT usually the one who
owns these rights!!!!!!! I don't know who owns "Rock and Roll" but they
are making a FORTUNE from those commercials-and you can bet the house
it's NOT anyone who was in Led Zeppelin. The artist who created the
work often does not understand that this is "where the REAL money is"
in the music biz and often gives up these rights. It's not in touring
or being cool or famous. It's in the publishing! The Beatles never owned
their publishing and got NONE of that money. Michael Jackson now
owns most of the Beatles catalog and leases those rights out to companies
(like apple computers..."It's getting Better all the time") for fees.
He also owns many other catalogs (for one, he owns the entire Sly and
the Family Stone catalog) as does McCartney. McCartney (who says
he could not afford the Beatles catalog when it went up for sale in
the early 80s) does own many Broadway show rights like Hello Dolly.
He owns the Buddy Holly catalog and reaped great rewards when "the Buddy
Holly Story' movie came out and a lot of major artists of the day (like
Linda Ronstant) were covering Holly tunes. Most of that money went to
Paul because he owned that publishing. You would never live long enough
to play enough gigs to equal the cash flow from publishing. So, if you
are ever facing a table of lawyers while signing a record distribution
deal (soon to be a thing of the past), be sure YOUR lawyer included
publishing rights in your deal. If he didn't bring this issue to you,
you picked the WRONG lawyer.
I would like to conclude the discussion of the biz by mentioning P2P.
I am an artist offering my work on the net for a price in order to make
a profit. I'm not at all ashamed of this. But I will tell you that I
have not paid for a CD since I got my new computer and hooked up to
Lime Wire. I am REALLY offended by the record companies suing folks
for downloading music in the name of fairness. I totally agree that
it is stealing and it should NOT be done. But for the record companies
to sue people after ALL THE RIPPING OFF OF ARTISTS THAT THEY ARE KNOWN
FOR, is really too much. If the record compaines want to be "fair and
equitable' then maybe they should pay back the royalties they stole
from all of the black artists of the 50s WHO FU%$ng INVENTED rock and
roll, but who the compaines could not market because the artists were
black. People like Chuck Berry, Little Richard, Sam and Dave,
Holland & Dozier and ALL of the artists that recorded for Excello records
and I don't have enough meg space to complete this list! They would
swindle the songwriters out of their rights to collect royalties, give
the songs to people like Elvis for delivery, and keep the profits. In
many cases the original artist's name was taken off the copyright altogether.
Don't get me started on the Jazz artists. Charlie Parker never made more
than $300 a week time during his lifetime and he was one of the
most creative musicians to ever walk on this or any other planet. And
that would have been a GOOD week.
Hey Sony Corp. I DOWNLOAD! Sue me.
But folks, don't listen to what I just said, as I have a recording available
for sale and would MUCH prefer you to BUY it from me than to burn copies
and give them out free. THANKS!
I would love to hear your thoughts and questions on this (to me) interesting
topic.
Please
email me