Book

This Business of Music

by M. William Krasilovsky, Sidney Shemel

📖 Overview

This Business of Music stands as a comprehensive guide to the music industry's legal, financial, and practical aspects. The book covers topics ranging from recording contracts and publishing rights to touring logistics and digital distribution. The text breaks down complex industry concepts into digestible segments for musicians, managers, and industry professionals. Written by legal and music business experts, it provides contract templates, royalty breakdowns, and detailed explanations of industry standards and practices. Each chapter focuses on a specific area of the music business, including copyright law, licensing, merchandising, and international rights. The book maintains regular updates through new editions to reflect the evolving music industry landscape and technological changes. This reference work serves as both a practical manual and a broader examination of how creative and commercial interests intersect in the music business. Its enduring relevance speaks to the fundamental principles that continue to govern the industry despite ongoing transformations in how music is produced, distributed, and consumed.

👀 Reviews

Readers describe this as a comprehensive reference book for understanding music industry contracts, licensing, and business operations. Many note it serves as a textbook in entertainment law and music business courses. Likes: - Depth of legal and technical details - Clear explanations of royalties and revenue streams - Useful sample contracts and agreements - Strong coverage of digital music issues Dislikes: - Dense, dry writing style - Complex legal terminology can be overwhelming - Some readers found later editions less organized - Digital content becomes outdated quickly A reviewer on Amazon noted: "It's like reading an instruction manual for a nuclear reactor - thorough but requires serious concentration." Ratings: Amazon: 4.4/5 (127 reviews) Goodreads: 4.1/5 (198 ratings) Multiple readers recommended reading it in sections rather than cover-to-cover, using it as a reference guide when specific issues arise in their music careers.

📚 Similar books

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Music Money and Success by Jeffrey Brabec, Todd Brabec A detailed examination of revenue streams in the music industry, from sync licensing to streaming to performance rights.

Music Marketing for the DIY Musician by Bobby Borg The text presents step-by-step business strategies for independent musicians to build and monetize their careers.

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🤔 Interesting facts

📚 The first edition of this book was published in 1964 and has since become known as "the industry bible" for music business professionals 🎵 The book has been updated ten times over five decades to keep pace with music industry changes, including the rise of streaming platforms and digital distribution ⚖️ Author M. William Krasilovsky served as special counsel to the United Nations and helped draft international copyright conventions 💡 The book was one of the first comprehensive guides to address sampling rights and digital licensing in the music industry when these concepts were still new 🏛️ Co-author Sidney Shemel worked as Vice President of Music at United Artists and MGM, bringing real-world executive experience to the book's content