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Midterm Study Guide MTM

by: ljackson60 Notetaker

Midterm Study Guide MTM MTM 3010

Marketplace > Georgia State University > Music > MTM 3010 > Midterm Study Guide MTM
ljackson60 Notetaker
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About this Document

Completed definitions of most important terms for the exam on Wednesday.
Steve Jones (P)
Study Guide
Intro To Music Industry
50 ?





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This 10 page Study Guide was uploaded by ljackson60 Notetaker on Monday February 22, 2016. The Study Guide belongs to MTM 3010 at Georgia State University taught by Steve Jones (P) in Spring 2016. Since its upload, it has received 249 views. For similar materials see INTRO TO MUSIC INDUSTRY in Music at Georgia State University.


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Date Created: 02/22/16
SONGWRITING, PUBLISHING, COPYRIGHT,  LICENSING Airplay­ this is just when a song is being broadcasted on radio. Hook­ the hook is the part of the song that is a melodic, lyrical  line(s) or phrase(s) that makes the song memorable. Lead­sheet­ is a form of musical notation that specifies the melody, lyrics, and harmony of a song. Tin Pan Alley­ nickname given to a group of New York City music publishers and songwriters who dominated the music industry in  the late 19  and early 20  century. Brill Building­ building located at 1619 Broadway in New York  where in the 1950s & 1960s songwriters, publishers, artists, and  record companies gathered and this building help define the era of  music during that time. Mechanical royalties­ a songwriter’s money (royalty) from when  the song they wrote is sold by either CD, digital download, or  stream.  Statutory rate – $0.091 per song under 5 min; $0.0175 each  additional min Controlled composition clause­ a clause in a contract where it  limits how much a label has to pay an artist in royalties for a song  if the artist owns or controls the song. Song sharks­ name for a person who tries to basically trick a  songwriter with false claims of getting their song out or played.  Contests­ contests where an artist can go to perform or display  their skills. First recording mechanical­ the approval rights over the first  recorded and released version of a newly written composition. Collaborations­ when artists and other artists/producers work  together to produce music. Split sheet (collaboration agreement)­ agreements that musicians  can sign that establish everyone’s percentage of publishing  depending on their involvement in the song.  SGA­ Sales, General & Administrative expenses are direct and  indirect expenses that a company has. Work for hire­ a company hires someone to create some work and  usually after the work is created the company or commissioner  becomes the owner of the product. Copyright Law of 1976­ copyright law that says a copyright can  last until last person who helped create song dies plus 50 years. Fixed in a tangible medium­ a song has to have a physical medium  from which to base ownership of a song off of. Copyright lasts life of author + 70 years Copyright infringement­ use of copyrighted work without  permission Poor man’s copyright­ when someone mails a copy of their work  to themselves to have a federal seal and show some sort of  ownership for their work. PRO­ Performance rights organizations that controls who can get a license to play music publicly. ASCAP­ American Society of Composers, Authors, and  Publishers, which is the biggest form of a PRO. BMI­ Broadcast Music, Inc. is another of the big three PROs. SESAC­ Society of European Stage Authors and Composers which is one of the big three PROs. CCLI – churches form of a PRO. SoundExchange – A PRO that collects and distributes royalties  based on digital performances and satellite radio for copyright  owners. BDS, Mediabase­ services that track radio, television, and Internet  airplay of songs. Blanket license­ a license that allows a music user to play songs  covered by a PRO for one fee. Musical work vs. sound recording­ A musical work would be the  actual noting of the song on paper whereas a sound recording  literally a recording of the sound. Performance royalties­ money that is owed to an artist when music  is performed publicly. Licensing fees­ fees paid for the privilege of performing a certain  service or doing a certain kind of business. Publishing deal – publishing deal where writer gets 50% and  publisher gets 50%. Co­publishing deal – publishing deal where writer gets 75% and  publisher gets 25%. Sub­publishing deal – deal where one publisher creates a  publishing deal with publishers in other countries. Administration deal – publishing deal where publisher gets 10%,  but doesn’t try to expose the music. Mechanicals – most likely physical copies of an album or song;  hardest hit by digital explosion HFA – Harry Fox Agency where a vast majority of mechanical  licenses are cleared and granted. Compulsory license­ mechanical license that is issued to a  songwriter to record their song and you would pay them for it. DPD license­ license to sell music digitally.  Printed music­ composition of music on paper MFN – most favored nation clause­ when a seller promises a buyer that it won’t offer better terms to another buyer before that buyer  gets the offer first. Sync license­ a music license that allows the license holder to sync  music with some sort of media output (television, films,  videogames, etc.) Master use license­ the owner of a sound recording grants  permission to someone else to use it in a visual work. Music supervisors­ the people who oversee the music in a visual  work like a movie or a commercial. Fair Use Doctrine­ limited use of a copyrighted material without  acquiring permission from the right holders. Samples­ taking a portion of one song and reusing it in another  song. When to clear a sample­ a sample needs to be cleared when  someone wants to use a portion of another song. Cover song­ a new recording of a previously recorded song. MANAGING ARTIST RELATIONSHIPS Booking agent­ a person who makes arrangements for concerts or  club engagements for performers. Personal manager­ a person who guides artists careers, work with  agents, help trying to find artists a record deal and get a publishing  deal. Business manager­ a person who handles all the revenue streams  for an artist and manages their income. Generally take 2%­4%. Self­booking­ you yourself will contact venues and book a  performance. Exclusive agreements­ an agreement where a person is made the  sole agent for a product in a market. Theatrical agent­ a business agent for an actor. Commission­ a percentage of money paid to someone for their  services. NACA – National Association for Campus Activities­ an  organization of groups from colleges that put on shows for their  respective colleges.  Showcase­ an occasion where someone or something is being  displayed. Block booking­ booking several shows for a discounted price. Power of attorney (POA)­ the authority to act for another person in legal matters. Sunset clause­ outlines compensation a manager receives if they  get let go. AFM – American Federation of Musicians­ a labor union that  represents musicians in the U.S. and Canada. AFTRA – American Federation of Television and Radio Artists­ a  labor union that represents background performers, journalists, and radio personalities. Right to work states­ law that guarantees that no person has to join  or pay dues to a labor union. A&R­ people who scout for artists and songwriters and oversee  their artistic deveoplment.  Deal memo­ an agreement where the label pays for a demo and  decides whether or not to sign the artist. Long form­ a long­term recording contract. Advance­ money paid before it is due or work is partially  completed. Signing bonus­ money paid to a new artist when they join a label. Exclusivity­ the artist is an exclusive artist for the label. Territory­ major labels sign their artists on a worldwide deal. Rerecord clause­ prevents artists from re­recording their music for  another label for a certain amount of years. Individually and severally Key man clause­ when an artist’s “champion” gets fired for no  cause then the artist can get out of a contract. Royalties­ payment to an artist off of plays or sales of their work. Recoupment­ when the label makes back the money they made  supporting the artist’s work. Profit split­ an artist and label split profits 50/50 after the label  deducts expenses. Royalty discounts 360 deal­ a deal where the label takes a percentage of all an artist’ Cross­collateralization­ when one loan is used as collateral for  another loan. File Sharing­ public or private sharing or offering of access to  digital information with various levels of access privilege. LIVE MUSIC Concert Promotion­ self­explanatory Live Nation­ the largest entertainment company that promotes  concerts and provides tickets through Ticketmaster. AEG­ another live­entertainment company that handles tours,  festivals, etc. and promotion. Pollstar­ a trade publication that covers the worldwide concert  industry. Stadium­ holds 30,000 or more people Amphitheaters­ capacity ranges from 5k­30k people Festival sites­ capacity is 10k or more people Arenas­ capacity ranges from 5k­20k people Theaters­ capacity is typically less than 5k people Mid­sized music venues­ capacity ranges from 1k­5k people  Clubs/small­sized music venues­ capacity usually goes up to 1k  people. Flat fee deal­ when the artist gets a one time, straight up payment. Guarantee + percentage­ the artist is guaranteed a straight fee and a percentage of the proceeds. Flat fee + bonus­ the artist receives a flat fee and a bonus for  performing. Straight percentage deal­ artist receives just a percentage of money based on how the show does. Paybacks­ amount of money that a company will receive after a  project has been completed. Back end­ royalty percentages paid after a show has been  performed. Gross potential­ the most an event can earn based on ticket prices,  seating capacity, and number of performances. Net potential­ money an event earned after subtracting expenses. Split point­ the split of overage money from a show that a  performer and producer negotiate.  Technical rider­ an amendment to a contract that describes the  technical requirements of the show. Pre­sales­ ticket sales for an event before the event actually  happens. Deadwood­ term meaning unsold tickets. Scaling the house­ when there are different prices for different  seats at an event. Scalping­ this term refers to the second­hand sales of tickets for a  show. Pay for play­ a band or artist pays a promoter to play at a venue. Papering the house­ when a promoter gives tickets away to get  people to the show. Music Merchandising Big box stores­ stores that are literally look like big boxes. Think  like Best Buy. Mass merchants­ the biggest stores that sell physical music. Think  Wal­Mart. Record store coalitions­ groups of record stores that band together  to compete with larger retailers of music. CIMS – Coalition of Independent Music Stores MMN – Music Monitor Network AIMS – Association of Independent Music Stores Music products retailers­ retailers that sell full­line music products. Full line store­ stores that sell full lines of goods or services for  various things. Think guitar center. Specialty shops­ specialty shops are stores that specialize in one or  limited goods and offer services around that good. NAMM – National Association of Music Merchants­ hosts some  of the largest music product trade shows in the world.


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