Your Music Biz 101 Wrap Up: Week of August 14

Your Professor David Kirk Philp reads the back of his Managing Your Band – 6th Edition cereal box. You know, Managing Your Band provides nutrients and knowledge for every artist, exec, student or manager to start their busy day. Carpe that diem!

Wassup?!?

Our next Music Biz 101 & More radio show is a brand new show, pre-recorded at Music Biz in Nashville last month.  We interview Peter Jenner, the original manager of Pink Floyd.  Why did he and his partner stop managing the band?  What can we learn from this?  Jenner also managed The Clash, so there’s a lot here.  Listen to this on Wednesday at 8pm and expand your cranial capacity.

In the meantime, listen all of our other on-demand podcasts HERE – and we’re always open to answer your tweets, so ask away.

Now scroll down for those articles that make the most sense of your sensibilities.

Adios!
Your Professor David Kirk Philp

Do Classic Rock Artists Make Any Money Anymore?

I came across an article last weekend in which Donald Fagen, one half of Classic Rock band Steely Dan, was complaining that he didn’t make enough money from his recording royalties anymore to make more records.  So, he had to tour as a necessity.

I thought this was B.S.  Here’s a guy who has made millions over the years off of his music, and now he’s crying poverty?  I took a deep dive HERE into the numbers and found out…he’s right.  When it comes to royalties that would be paid to him from his record label and publisher, there’s not as much there as you would think.

Sure, he can make quite a bit from the road, but you’ll be surprised why he doesn’t make as much from, say, cover songs, as other artists.  There’s a lot here with quite a bit of detail.

For those of you trying to get a handle on streaming revenue and other potential income sources, this article covers much of how those calculations can be made.  Click and read the article.  Then let us know what you think.

 Your Knowledge Presented By:

The book is out!  Did you buy it?!?

Order & memorize this masterpiece HERE.  Note how Marla Cassenti brings the book with her to every beach that offers her a low-priced tan.  She won’t lend you her copy, so buy yours now!

What is the single most important aspect of the music industry an artist manager needs to understand?

This Week’s Response: Chris Hufford – Courtyard Management (Radiohead)

 Human beings.”

I replied: Do you mean that your artists are human beings? That the fans are human beings? That everyone in the industry is a human being who has egos and flaws and passions and frailties? He said:

“Exactly……..as is the manager…….& trying to understand/work with one’s own issues is equally important. The potential for human/human interaction to fuck up cos of misunderstanding/miscommunication/jealousy/greed/laziness/over-striving/just even daft body language/etc/etc is always there!!!”

Podcast of the Week: Tour Manager Charity Lomax

“This was one of the most informative podcasts you have had. Sooo much practical knowledge, delivered in a fun, no-nonsense way,” wrote Mehmet Dede, Programming Director at DROM, a cool, eclectic club in NYC.

We interviewed Charity back in May and, if you missed last week’s radio show, you can catch her words of wisdom here.  Do you really know the ins and outs of being a tour manager?  Possibly not in this detail.  Give it some time.

You’ll be glad you did!

What Do Record Labels Look For When Hiring Interns? 
After emails, podcasts, and hallway discussions, we’ve put together this complete guide to what record labels (and probably, most entertainment companies) are looking for when hiring interns.  We specifically focus on the Warner Music Group and include links to two internship opportunities they’re offering in the fall.

This is a long-read, but if you’re someone who wants an internship, or even a full-time job in the biz, read this over and see how you can make your resume and LinkedIn profile full of exactly what will make you stand out.

5 New Partnerships That Brought Brands & Music Together
Back in the day, that called partnerships like this “selling out.”  But those days are gone.  History.  Adios, “good old days.”  Just like I wrote in the Donald Fagen/Classic Rock money article above, we have to live in the now.

Forget about selling out.  Most artists don’t have the luxury.  Hey, most artists would sell all they have to sell out.  So this article is pretty doggone relevant (Pardon the bad word – oh, and pardon the bad word above by Radiohead’s manager, Chris Hufford.  He couldn’t help himself.).

So, click on the link and read 5 quick blurbs about some recent artist/brand partnerships.  Use these to inspire you to come up with something on your own.  Not every artist has to work with international brands like Starbucks and Jaguar.  Start small.  Start local.  Get your feet wet and figure it out.  Then, after you figure out how to make the brand happy, step it up a bit.  You’ll hopefully grow enough to get bigger and bigger brands to care about you.  But just remember – it’s not about you.  It’s always – ALWAYS – about them!

The Sacrifices Of Running A Music Festival
You may or may not have heard of the indie artist Murs and the LA-based music festival he used to help run called Paid Dues. This is a good interview with the artist who talks about what he gave up, as an artist, in order to run the festival (which is coming back after a 4-year absence).

Click to read about how hard festivals are to run, how the indie scene works in LA, and more.

What Music Do Americans Love The Most? 50 Fan Maps
The NY Times worked looked at reams of YouTube data to determine what the most popular artists are in the country, based upon YouTube plays.  So if you type in your zip code, you’ll get to click on the town and see a video pop up.  The artist in that video is the most popular artist in that zip code.

In addition, the Times also looks at 50 top artists and, with some cool color-coded maps, shows where in America those artist are most popular (and also not so popular).  Here’s a party game.  Pick an artist, like Migos, and have people guess where most of their fans are.  Let us know how it goes.

Is YouTube evil?

What Music Do Americans Love The Most? 50 Fan Maps
The NY Times worked looked at reams of YouTube data to determine what the most popular artists are in the country, based upon YouTube plays.  So if you type in your zip code, you’ll get to click on the town and see a video pop up.  The artist in that video is the most popular artist in that zip code.

In addition, the Times also looks at 50 top artists and, with some cool color-coded maps, shows where in America those artist are most popular (and also not so popular).  Here’s a party game.  Pick an artist, like Migos, and have people guess where most of their fans are.  Let us know how it goes.

Q&A: I Was Asked To Manage Someone. How Do I Get Started?
When somebody asks for advice that you think other people want to know, why not share it with others.  Click on this link to read about the unique aspect of this question and how we answered it.

Then, think about it and let us know what else you would add.  You’ve got opinions.  We’d like to know.  Hopefully, you can teach us a thing or two.

Music Biz 101 & More Podcasts: Stream Us 24/7

Our 2017 schedule looks like this:

August 16 – Peter Jenner – Former Manager for Pink Floyd and The Clash

August 23 – James Stewart – Director of Marketing at em.CO (Tim McGraw’s management company)

August 30 – Caylnn Green – Warner Chappell Songwriter

September 6 – Brian Schechter – Former Manager My Chemical Romance/Current Manager Palisades

Mark those dates on your calendar; 8 PM on Wednesdays.  What do you want to know?  Who do you want to hear from?  Let us know!  The best part?  It’s FREE music biz talk.

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For full details about the Music Management Program, including courses, the minor, and our MBA, click HERE.

For full details about the WPU Pop Music Studies Program, including courses and audition requirements, click HERE.

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Professor David Philp is Assistant Professor Music Management & Popular Music Studies at William Paterson University. He is the co-host of the only FREE advice college radio-based music & entertainment industry talk show in America, Music Biz 101 & More, which airs live most Wednesday nights and is available as a podcast HERE every night (days too).  Your favorite professor is also co-author (with Dr. Steve Marcone) of Managing Your Band – 6th Edition.  Reach him at PhilpD@wpunj.edu or find him on LinkedIn HERE.

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