Dubbed "the industry bible" by the Los Angeles Times , All You Need to Know About the Music Business by veteran music lawyer Donald Passman is the go-to guide for everyone in the music business through ten editions, over thirty years, and over a half a million copies sold. Now with updates explaining why musicians have more power today than ever in history; discussion of the mega-million-dollar sales of artists' songs and record catalogs; how artist access to streaming media, and particularly TikTok, has completely reshaped the music business; the latest on music created by AI; and a full update of the latest numbers and trends. For more than thirty years, All You Need to Know About the Music Business has been universally regarded as the definitive guide to the music industry. Now in its eleventh edition, Passman leads novices and experts alike through what has been the most profound change in the music business since the days of wax cylinders and piano streaming. For the first time in history, music is no longer monetized by selling something--it's monetized by how many times a listener streams a song. And also, for the first time, artists can get their music to listeners without a record company gatekeeper, creating a new democracy for music. The "industry bible" ( Los Angeles Times ), now updated, is essential for anyone in the music business--musicians, songwriters, lawyers, agents, promoters, publishers, executives, and managers--and the definitive guide for anyone who wants to be in the business. So, whether you are--or aspire to be--in the music industry, veteran music lawyer Passman's comprehensive guide is an indispensable tool. He offers timely information about the latest trends, including the reasons why artists have more clout than ever in history, the massive influence of TikTok, the mega million dollar sales of artists' songs and record catalogs, music in Web3 and the Metaverse, music created by AI, and a full update of the latest numbers and practices.
More of a reference book than anything else, this lays out the basics of how much of the music industry works. There are lots of sources for this sort of information, but this book has become the industry bible because Passman is so entertaining.
This is a good book to read through if you want general knowledge of different areas of the music industry. There may be more options than people realize! It’s also a good resource if you’re unsure of where you’d like to aim your music industry career or would like to piece together the different areas of the industry, especially as they pertain to the business side of things.