Includes index

"For more than twenty years, All You Need to Know About the Music Business has been universally regarded as the definitive guide to the music industry. Now in its ninth edition, this latest edition leads novices and experts alike through the crucial, up-to-the-minute information on the industry's major changes in response to today's rapid technological advances and uncertain economy, "--Amazon.com

"The past two decades have seen file-sharing technology and digital streaming services transform the music business from top to bottom, and the changes keep coming at breakneck speed. How are record labels adapting to the demand for instantly accessible, low-cost music while coping with piracy? And what does it mean for aspiring and established artists today?...Executives and artists, experts and novices alike, will benefit from Passman's detailed yet easy-to-understand explanations of the latest technology, legalities, and practices shaping the music business, such as: royalties for music transmitted via digital downloads, streaming services, cloud lockers, and apps ; updated licensing regulations and industry agreements ; the most recent recording and music publishing deal ; the new challenges for performing rights societies. He also gives guidance on the basics, such as 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 these relationships ; master the major and finer points of contract negotiations ; navigate the ins and outs of songwriting and music publishing ; maximize concert, touring, and merchandising agreements. Anyone interested in making and marketing music - musicians, songwriters, agents, promoters, publishers, managers, and record company executives -- needs this crucial text to keep up with the frenetic pace of technological and legal change." -- Book jacket