Donald S. Passman - Author & Lawyer - All You Need to Know About the Music Business
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Donald S. Passman - Author & Lawyer - All You Need to Know About the Music Business
The money flowing to recording artists dropped 65% in 15 years between 1999 and 2014 because digital music technology disrupted the mechanism the recording labels had for collecting money from consumers. With streaming technologies on the rise, and now NFTs, the tide has turned in the last 7 years. Same skills. Same inherent joy for the music maker... See more
James Currier • The Economics of Creativity: Who Gets Paid and Why
Okay, here’s the secret: Many of the top managers have absolutely no written contracts with their artists. It’s all done on a handshake, and the only discussion is the percentage.
Donald S. Passman • All You Need to Know About the Music Business: 10th Edition
Consumers transitioned from the ownership of physical CDs and Digital MP3s to accessing an unlimited catalog of music, for $9.99 / month (a price that has not changed almost 13 years later).