The completely revised and expanded edition of What They’ll Never Tell You About the Music Business is a must-have reference. You’ll learn: - How many musicians have seized do-it-yourself internet opportunities to create successful business models, - How the royalty pie is sliced—and who gets the pieces, - How the fundamentals of music publishing, producing, managing, touring, and the record industry apply more than ever, - Why this book is the indispensable guide to the worldwide music industry, - How corporate general counsels can educate their employees (and themselves) to understand the strictures of copyright law and to avoid trouble, - And much more.

The music industry is at a turning point. Over the next decade, global controversies over complex copyright and royalty issues brought about by changes in technology and by the Internet will continue to rage, and the resolution of those conflicts will have profound consequences. Never has it been more important for the millions of people worldwide who care about music -- both music business professionals and consumers -- to have at their fingertips the facts necessary for making informed decisions that will bring the promises of the future to fruition. Book jacket.

Understanding the Music Business offers students a current overview of the music business. Going beyond what most music business texts offer, Weismann delivers a contemporary approach that addresses the unanswered questions for today's music students, such as, "Is it really possible to make a living as musician?" Understanding the Music Business covers the basics in the first part of the text. This first section deals with the fundamentals of the industry, including recording, music publishing, agents, managers, radio and television, unions, the internet and new technology, and regional and international music markets. However, it is the second half of the text that breaks new ground by covering the career paths of new artists in the industry, the development and need for entrepreneurial skills, and the ways that individuals forge careers in the industry.