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Music Business Flashcards | StudBud
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Music Business
Music Business
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What every artist and songwriter should know to avoid getting ripped off!
Flashcards
31 cards
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Practice quiz
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Questions
31
Answers
1
If the major label does move the distribution to its major distributor...
it will take over the function of manufacturing
All of the above
it will take over the marketing
it will take over the promotioning
2
How many types of deals are there between independent and major labels?
6
10
3
4
3
Napster blew up due to...
Marketing and Ad space
By hiring marketers
By the word of mouth
Just Ad space
4
Who was one of the most important people that contributed to the rise of digital music?
Lance Stevens
Steve Jobs
David Naggar
Jimmy Lovine
5
Define Upstream Deals?
Under rated distribution
Deal that major and independent and how they function
A variation of a straight distribution deal
Under rated distribution between major and independent
6
What does A&R stand for?
Artists & Repertorie
Artist & Records
Awareness & Representives
Artists & Records
7
The vast majority of personal managers receive what kind of percentage from their artist?
15%-20%
20%-22%
10%-12%
20%-30%
8
Items that are not truly income are called?
under-ground-money
Good money
managers fees
pass-throughs
9
What is Profit-Splitting?
when the major & independent label split workload & profit
when the independent labels decides to split
when the major label decided to split
when the major & independent split the profit
10
What's the average royalty percentage for an artist?
5%
14%
85%
10%
11
What's the average cost of an attorney?
$250
$485
$155
$300
12
What does AFM?
American Family Managers
Artist Family Manufactures
Artist Family Maintenance
American Federation of Musicians
13
Define Straight Distribution Deals
Records are distributed through major labels
Records are sold to major distributor at a wholesale price
Records are sold to a larger factory for under whole sale
Records are distributed through independent labels
14
In the past what did major labels do?
Bought most of them
They merged with smaller labels
They decided to do business with them
Didn't work with them at all
15
What's the average percentage of an Artist?
70%
50%
75%
60%
16
What do companies fear from an artist giving them music?
they are not signed
they have not asked for it
material will not be good
they don't own an agent
17
When was your textbook written?
2010
2013
2015
2011
18
When you become highly successful and the total dollars you earn grow wildly than...
you can negotiate to lower the percentage from the manager
you can negotiate to higher precetnage
you can finally hire a new manager
you can negotiate any precentage
19
As the industry matures to use different business models, most major labels are looking to...
find artist that are unique
an artist that has around 4 records
find a group of artist
sign artist who have already established record sales
20
The 3 groups important in the music industry?
Advisor, Account, Manager
Attorneys, Account, Agents
Managers, Attorneys, Agents
Agents, Coaches, Lawer
21
Personal managers are responsible for...
promoting you, advising you in records and hiring, contracts
business ventures
promoting you and finding good food
finding the best jobs for the artist
22
Agreements to these major labels give the independent label what percentage?
1%-2%
5%-6%
8%-10%
1%-4%
23
What's the buzz?
the communication between artist and manager
how the artist looks
how the artist sounds to the audience
is what will bring record industry people to hear you
24
What does AFTRA mean?
American Federation of Television and Radio Americans
Artists Federation of Television and Radio Artists
Artists Federation of Television and Radio Americans
American Federation of Television and Radio Artists
25
What is an independent production agreement?
agreement to help their own vanity labels
agreement to help work for a major label
agreement with a major label to manufacture, distribute etc
agreement to help production on both ends of the spectrum
26
Whats the author of Music Business?
David Naggar
David Naghar
Dave Nagar
Daved Naagar
27
What is the saying that Joni Mitchell say?
Stoking the star-maker machinery behind the popular song
none of the above
he loves the true popular song
he is the true star-maker
28
What does music agents do?
book concerts and other personal appearances
spend time in the office making phone calls
calling and opening doors for their clients
Book engagements and music videos
29
What is the fee from concert income?
4%-5%
2%-4%
13%-15%
12%-14%
30
What killed CD sales in the early 2000's
iTunes
Amazon Music
Napster
Artist touring more
31
Who is Clive Davis?
A chief executive that hires screen talented artist
A chief executive songwriter
A chief executive of major independent label
A chief executive of a major local label
