Songwriters – or more correctly, copyright holders – have always been compensated for the use of their songs, whether it was via traditional radio or new streaming services. With the rise of more and more new outlets for music consumption, master rights are an essential asset to leverage for artists and labels to earn money. This brings up the question, “Should an artist try to hold on to his master rights, or sign them over to a label to secure a deal?” Read more.
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In part two of Echoes’ interview with renowned live performance producer Tom Jackson, we learn a simple rule: sing fewer songs, create more moments. When asked to play a half hour set, most bands immediately think, "How many songs can we fit in?" Instead, if they thought "How many moments can we develop?" they’d be much further along.
In part one of our interview with live performance producer Tom Jackson, we learn that most artists never learn to see themselves from the audience perspective. Once a record is done, the focus shifts to hitting the road. When that artist hits the stage, adrenaline is pumping, the band sounds tight, everyone is locked in, so it’s natural to think, “Everything is good.” That’s not always the case.
Who are the buyers for your original music? The short answer is they are incredibly diverse, and include everything from video game production companies to late night TV variety shows. And while the enormous range of buyers is encouraging, they mainly operate in a closed loop of industry contacts, so gaining access can be difficult. That why knowing the ground rules and how value is perceived by the buyers is crucial before attempting to break in to the loop.
When striving to understand how the music licensing business operates, one key fact is that the music licensing marketplace determines value on a daily basis. What this means is that to make any money licensing your music, your songs must have value in the eyes of the marketplace. The following qualities will help determine a piece of music’s relative licensing value.
To develop an adequate understanding of the path to earning money with your original music, four essential areas make up the key foundational knowledge, and we’ll explore them in three posts. In this first post, we’ll look at the different copyrights and the basic blueprint for how revenue is generated by licensing your music. Part two will address creating value and earning income through licensed music. In part three, we’ll explore the diversity of buyers for original music, and the all-important connections you will need to develop to begin to make money from your original music.
Late last year, at the urging of Pandora radio and other tech industry players, Congressman Jason Chaffetz (R-Utah) and Jared Polis (D-Colo.) co-sponsored the Internet Radio Fairness Act (IRFA). The bill got such a late start that it failed to make it out of committee during the 2012 Congressional year. It also fared poorly at a Congressional hearing in late November 2012, but sources such as Billboard warn that the bill isn’t dead so much as “hibernating.”
Take for instance the Kalamazoo line of student instruments from Gibson. Manufactured in the 1960s, the KG-1 (single pickup) and KG-2 (dual pickup) solid body guitars first featured a Fender Mustang style body and then morphed to an SG-style body. They featured a Fender style headstock, rosewood fretboard, and maple neck, with all the tuners on one side. They were built using regular Gibson components as a budget line instrument to hook young players on the Gibson style and sound. Nearly 24,000 of the KG-1 and -2 were manufactured, so they are not so rare as to be impossible to find.
Michael Jackson had traveled to London to contribute to McCartney’s Pipes of Pan album. One night Paul brought out a thick notebook that had copies of all the songs he had begun to acquire through his own post-Beatles publishing company. Jackson was floored by the concept that one could own song copyrights as an investment. Taking the idea back home, he told his attorney, John Branca, to be on the lookout for song catalogs to purchase. Soon after, one of his first acquisitions was a number of songs written by Sly Stewart of Sly and the Family Stone. 










