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All You Need to Know About the Music Business 6th Edition

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All You Need to Know About the Music Business 6th Edition

(93 customer reviews)

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2151481424

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For fifteen years, All You Need to Know About the Music Business has been universally regarded as the definitive, essential guide to the music industry. Now in its sixth edition, it has been completely revised and updated with crucial, up-to-the-minute information on the industry's major changes in response to today's rapid technological advances and uncertain economy. Veteran music lawyer Donald Passman is in the thick of this transformation and understands that anyone involved in the music business is feeling the deep, far-reaching effects of it. This latest edition of what the Los Angeles Times called "the industry bible" will lead novices and experts alike through the fundamental practices as well as the new, uncharted territory of one of this country's most dynamic industries.
In the music business, the key to success lies in knowing how to protect yourself. To do that, you need the best and most up-to-date advice available. Whether you are -- or aspire to be -- a performer, writer, or executive, Passman's comprehensive guide to the legal and financial aspects of the music world is an indispensable tool. Drawing on his unique professional experience as one of the most trusted advisors in the industry, Passman offers authoritative information on 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 big picture and the finer points of record deals
Navigate the ins and outs of songwriting, music publishing, and copyrights
Maximize concert, touring, and merchandising deals
This latest edition also includes information on:
Music downloads, webcasting, streaming-on-demand, and podcasting
The new video streaming services
How royalties are computed in the digital age
The latest developments in deals with independent labels, including upstream deals
Updates on all the traditional industry matters, such as royalties, advances, video budgets, and copyright law
In All You Need to Know About the Music Business, one of the industry's most influential figures shows you how to thrive in the most exciting business in the world. It's a book that no musician, entertainment lawyer, agent, promoter, publisher, manager, record company executive -- anyone who makes their living from music -- can afford to be without.

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Product Details

Author:	Donald S. Passman
Hardcover:	442 pages
Publisher:	Hal Leonard Corp
Publication Date:	2006
Language:	English
ISBN:	0743293185
Package Length:	9.4 inches
Package Width:	6.4 inches
Package Height:	1.4 inches
Package Weight:	1.45 pounds
Average Customer Rating:	based on 93 reviews

Customer Reviews

Average Customer Review: 4.5

( 93 customer reviews )
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Most Helpful Customer Reviews

86 of 89 found the following review helpful:

Good Book, But New Edition Falls Short Jan 19, 2007 By James J. Sowers "dj_spincycle"
I bought this book as soon as I saw it's release, figuring that Don Passman would have had significant updates regarding digital distribution. Specifically I expected a detailed analysis of iTunes's agreement with artists/labels as it currently sells about 80% of purchased digital downloads (also not a mention of CD Baby). I also expected some analysis of the ins and outs of digital distribution agreements, as there are now many digital music aggregators, such as IODA and DMGI. No such luck. While there are some updates, they were pretty light, and this book is still mired in the mainstream music business. Worse, it apparently assumes the bricks-and-mortar world of music selling will continue to be the norm.

Mr. Passman seems to dismiss the brevity of his coverage by explaining that digital sales still represent less than 10% of the sales market. Even so, look at the trend lines -- digital sales has moved from early adopters to mainstream; CD sales are dropping (and sales no longer tell the big story in music -- file-trading probably rivals CD sales in volume of music distributed). There is a difference between technological innovations and a paradigm shift--most people recognize we are in the latter with respect to music.

The earlier editions were comprehensive at the times of their releases; but this edition is not, in my humble opinion, justified as a new edition. What is particularly disappointing is that the music market has been going through dramatic changes since the release of the previous edition; but you wouldn't know it by this book--which has very little in the way of new content. Alas, there is no mention of Creative Commons licensing -- this is a huge, worldwide phenomenon.

It would get 5 stars if the title were "All You Need to Know about the Traditional Music Business", but it terms of addressing the leading-edge trends that will be of interest to most artists starting out, this book falls short.

If you don't have a previous edition, this is still a GREAT book to get you started. Mr. Passman covers a lot of territory and has a friendly, familiar writing style. However, this book is not nearly as valuable, nor comprehensive in terms of being an updated new edition.

61 of 64 found the following review helpful:

COCKY TITLE DELIVERS WHAT IT PROMISES Jan 11, 2000 By Ron Simpson
Author Passman has created something of a journalistic feat: his book is an attorney's look at the mechanisms of the music industry-usually not a particularly fascinating subject-yet he's made it great fun to read. An LA-based music attorney since the seventies, Passman is boyishly enthusiastic about his subject, and says the book is an outgrowth of his professional need to explain the basic workings of the industry to his artist clients. Though he says he is not writing technically (as if for fellow attorneys), he has nevertheless included virtually all of the checkpoints, or "deal points," that come up in contract negotiations today. The point of view being marketed here is that it pays to be an informed artist or songwriter, even if you think you don't care that much about the business side. Passman's "blurbs," or endorsements, are almost overkill: the likes of artist Don Henley, producer Quincy Jones, and longtime Warner Communications Chairman Mo Ostin. In the light of all this prestige (even the publisher, Prentice Hall, is an old-guard New York house), I couldn't believe that beneath Joe Smith's back- cover endorsement, Capitol-EMI, of which Smith was chair, was misspelled as "Capital." Minor flaw, all things considered, and happily not a predictor of sloppy work inside. Passman is an excellent choice for either personal learning or university-level classroom study. On first hearing, the title seems a bit arrogant, but Passman just about does cover it all. The 1994 second edition is virtually identical to the first, except for a welcome expansion of the opening "First Steps" section, and a detailed explanation of legislation the entire music industry lobbied long and hard to achieve: the Audio Home Recording Act of 1992 (the "home taping" legislation). Passman explains the projected flow of revenues from this act back into the music industry: one third to songwriters and publishers, and two thirds to record companies. Among the nineties books on the business of the music industry, this is one of the very best. Ron Simpson, School of Music, Brigham Young University. Author of MASTERING THE MUSIC BUSINESS.

35 of 35 found the following review helpful:

PROTECTION Oct 26, 2002 By S. Crudup "Sid"
All You Need to Know About the Music Business by Donald S. Passman is by far the best book to read for insight into the pros and the cons of the music business. Passman's knowledge is superior to any other music book that I have had the pleasure of reading. Many authors have released pertinent information about the realities of the business but Passman's approach is not only insightful but it is relaxing as well. His knowledge coupled with his humor, wit and enthusiasm soothes the anxiety of the reader. Instead of the reader being bombarded with only facts and figures, Donald Passman appears to display a more personal address. In reading All You Need to Know About the Music Business, I felt it was more of a close consultation instead of a structured manuscript. This is why this book is so powerful! It is wonderfully structured to assist the aspiring musician to take control of his or her own career. He reveals the dangers & advantages of advances, royalties, cross-collateralization, publishing, merchandising and touring. Passman gives the reader tips on getting the best record deal possible. He teaches us how to protect our passion, production, music and money! I highly recommend that all aspiring songwriters, producers and musicians read this book. Kudos!

9 of 9 found the following review helpful:

THE BIBLE OF MUSIC May 19, 2000 By JELLA
I am an artist about to release an album. Even before I started venturing into self-producing my first album along w/ my producer/friend , I was reading this book nite & day & I even lent it to my manager since we're really not that knowledgeable in the business yet. It really is a must for someone to treat the music industry as business or else , if u don't know how to play the game, the ins-outs of this industry - u must read this book or else you're gonna sink. Donald is an industry professional whom I believe wants to share his knowledge to struggling & aspiring artists/musicians/managers/etc. like me. I highly recommend this book to new artists & those who have plans of crossing over the US music industry. Even if I'm a Filipino living in Manila , the knowledge that this book has given me is worth so much.

18 of 21 found the following review helpful:

#2 on my Required Reading list for Music Biz Success Mar 30, 2001 By Stephen Sherrard "musictech"
This book used to be at #1 on my required reading list until I recently read "Confessions Of A Record Producer" by Moses Avalon (also available here on Amazon.Com). The two books compliment each other very well, and they really should be tied for #1 on my list. This book is written by a music biz attorney, Donald Passman, but it doesn't read like it was written by an attorney. Easy enough to read and follow that you will want to read the whole book. I won't bother detailing what the book talks about, since you can find that through the description. I will say that it is very comprehensive and doesn't leave anything out. It's a practical guide to how the music business works that no musician should be without. Combine this with "Confessions Of a Record Producer" to learn all about the bad side of the biz, and you will have a very strong foundation to get you started!

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