Jay Frank and I were chatting not long ago about concert ticket pricing and margin for large touring acts. He and I have both managed bands, booked bands, and booked venues, so we’ve seen this from both sides: Nearly every venue contract sets revenue share based on a fixed set of ticket prices. (For instance: […]
Music Marketing
Putting the Wolf at the Door: Setting Hard Goals for Your Music Business Career
At the start of every new year, plenty of us resolve to lose weight, to get our finances in order, and to generally get our asses in gear. Ian Ayres, author of Carrots and Sticks: Unlock the Power of Incentives to Get Things Done, chronicled this kind of behavior in a blog post for the New […]
How Much Do Musicians Really Make from Record Deals?
After yesterday’s mailbag entry on royalties, our friend Ken Muse pointed me to a great breakdown of the current record deal math done by Cord Jefferson at The Root. By the math in the article, the average “signed” musician makes $23.40 for every $1,000 of revenue earned by the label. Think about it in terms […]
Mailbag: Royalties vs. Publishing
From the mailbag, Mark wants to know about different kinds of royalties: hey whats the diffrence between royalties and publishing revenue.. Cashmoneyrecords sighned a deal with Unviersal Music They keep 85% if tge royalties 50% publishing revenues and all master.. i dont get the diffrencce…….if you sell 1000000 ringtones, do you recive 85% of […]
Forbes: Jill Sobule Raised More Than Public Enemy
Katie Evans uses her entertainment column in Forbes to explore some of the ways that bands raise money from fans beyond traditional CD sales. (And, as I’ve been writing about for the last ten years, CD sales are just about the last thing you want to rely on as an artist to keep your bills […]
