Yes, the music business is complicated, and that’s why so many musicians are unsuspectedly ripped off by the savvy executives that control the industry. But thankfully there’s a remedy. It’s called education! Because even though your music rights are protected by federal law, it’s up to you to understand the law and the different ways you can monetize your music to take advantage of those federal rights!
In this second course in our Music Business series, Dr. Paul Bissell teaches us about the financial firepower waiting to be unleashed by simply knowing about Mechanical Royalties and Licensing. You’ll understand the all important facts and implications of getting a royalty deal or getting a flat fee for your hard work! You’ll learn about the Four Income Streams and how they are collected and divided between between the artist, composer and publisher.
From there Dr. Paul plows into the power of publishing. He explains the differences between being your own publisher and/or landing a publishing deal so you can decide what path works best for you. Next you learn about Advance and Recoupment and all the different kinds of royalty deals that can be constructed in this crazy business!
So whether you’re a songwriter, recording artist, game music composer, film composer or even a bandmate, this course will help you make better deals to ensure that the music you create (or collaborate on) will reward you and your family with royalty income for years to come!
... and be sure check out all of our growing library of courses designed to help you get ahead in the music business!
Music Business 102 with Paul Bissell is the perfect follow up to the introductory 101 course. Some of the concepts presented here were complex. I needed to pause or go over parts of tutorials more than once due to the detailed intricacies of certain business scenarios involving money. I recommend this course and looks forward to seeing what Music Business 103 has to offer!
Neil wrote on May 20, 2015
Fantastic course, really useful information and a must for any artist thinking about releasing their work!
Paul wrote on March 27, 2015
Super informative and interesting side to the business I never knew about. Really good to know.
Brett Hubbs wrote on January 13, 2015
Very useful information involving details with a record contract! This course explains all of the details very well!
Technikality wrote on October 21, 2014
Knowledge is a blessing many aren't blessed with. The information is put given in a clear concise style of teaching.
Dan wrote on August 19, 2014
Well, not easy stuff in this one but it is very well explained. I will certainly have to redo some parts of this course to fully understand but this is not due to the teacher but to complexity of the subject.
kawame davis wrote on May 23, 2014
I never thought that i would have so much fun watching this course at all. it is really intense. i suggest that whoever is interest in things like this so watch it & take it in. Thats if you are that serious about it.
Mr Taylor wrote on January 28, 2014
Another very informative course in the music business series. I learned a lot and looking forward to the next class.
Dusha Holmes II wrote on September 10, 2013
Course 102 is like a cautionary tale for any would be artist that is interested in making money in the music industry and not just being famous. I recommend this as a guideline for anyone with a dream
C1ph3rd wrote on July 10, 2013
This course starts following the money and explains the basics of what makes a good or a bad deal for the artists/publishers. Also covers recoupment and how that may not always work how you expect.