All you need to know about the music business

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For over twenty-five years, this guide has been the go-to resource for understanding the music industry. In its tenth edition, Donald Passman addresses the most significant shift in the business since the era of wax cylinders: the rise of streaming. Music is now monetized by the number of times a song is streamed, fundamentally altering the industry's ecosystem. Passman offers clear explanations of the latest technologies, legalities, and practices, including the landscape of the streaming age, updated deal structures, and the implications of the 2018 Music Modernization Act. He covers high-profile copyright infringement cases and provides strategies for protecting your work. Additionally, readers will find essential advice on selecting and hiring a winning team of advisors—managers, agents, and attorneys—and structuring their compensation to safeguard interests. The guide also delves into contract negotiations, songwriting, music publishing, and maximizing revenue from concerts and merchandise. With its extensive knowledge and insights into current trends, this updated edition remains crucial for musicians, songwriters, lawyers, agents, promoters, publishers, executives, and managers navigating the evolving music industry.