diff --git a/_subsections/dailies/ten thousand dollar fundamentals.org b/_subsections/dailies/ten thousand dollar fundamentals.org new file mode 100644 index 0000000..f810fc6 --- /dev/null +++ b/_subsections/dailies/ten thousand dollar fundamentals.org @@ -0,0 +1,40 @@ +#+title: $10,000 Fundamentals they won't tell new Artists but I will! +#+HTML_HEAD: + +* Links +#+attr_html: :class links +- [[../../toc.org][TOC - Music Money Makeover]] +- [[https://www.youtube.com/watch?v=o7nRACqrOq0][youtube video]] + +* Notes + +1. Funding source +2. Systems and Structures + - manage time well + - utilize resources efficiently + - building these systems is crucial + - outsiders won't understand why you failed if you don't have this + - when artists can rise fast and fall fast, it's bc they didn't have the systems they needed + - managers are brought in to manage systems + - if the systems are in place you can bring in new managers +3. Marketing Strategy + - develop a strategy first + - which market are we targeting + - when do we enter + - what results are we seeking + - what marketing methods will we use + - advertising + - promotion + - publicity + - public relationos + - sales + - when do we conclude the campaign + - get the planning phase right + - there is more to being an artist than content + - this is a business + +** how do you build a system +- create a checklist + +** do I need a marketing strategy if I'm starting out +- yes diff --git a/_subsections/music-production-company/v01-build-production-1.org b/_subsections/music-production-company/v01-build-production-1.org index 349daba..d90c10a 100644 --- a/_subsections/music-production-company/v01-build-production-1.org +++ b/_subsections/music-production-company/v01-build-production-1.org @@ -1,4 +1,4 @@ -#+title: Start a Music Production Company: Build an LLC pt1 +#+title: How to Build a Production Company LLC for Music Producers #+HTML_HEAD: * Links @@ -7,3 +7,123 @@ - [[https://youtu.be/oxHJ5uVe-ss?si=NF9vkZjPifMt0m-5][youtube video]] * Notes +** intro +- casey graham + - book "The Musicians Guide to Self Publishing" + - for texting + - 470 - 291 - 5767 + - add name or he will not reply +- how to build a production company LLC as an artist +- one way producers can build a production company for themselves + +** copyright explained +two main rights of copy in the music industry +1. "masters" +2. publishing + +*** masters +**** sound recording copyright of the composition and or song + - sound recordings include + - records + - masters + - phonogram ℗ (sound recording copyright symbol) + - audio recording files + - wav, mp3, aiff + - master recoring royalties + +**** master recording royalties +1. through the distributor + - tunecore + - distrokid +2. major label + +**** performance royalties +- soundexchange (US based) +- PPL (UK based) +- collection companies outside the US are referred to as "neighboring rights" + +*** Publishing +- performing arts copyright + - composition + - sheet music + - midi files + - publishing + - song to be performed + +**** collect performance royalties for the composition +- [[https://www.bmi.com/][BMI]] +- [[https://www.sesac.com/][SESAC]] +- [[https://www.ascap.com/][ASCAP]] + - The American Society of Composers, Authors and Publishers + - US based +- [[https://www.prsformusic.com/][PRS for Music]] + - (UK based) + +**** mechanical rights collections +- [[https://www.harryfox.com/][HFA]] - Harry Fox Agency +- [[https://www.musicreports.com/][Music Reports]] +- [[https://www.themlc.com/][The MLC]] - Mechancical Licensing Collective + +**** lyric display royalties +- [[https://www.lyricfind.com/][LyricFind]] +- [[https://www.musixmatch.com/][musixmatch]] + + +*** 6 Rights of Copyright +United States Code title 17 + +1. Right to Reproduce +2. Right to Prepare Derivative Works +3. Right to Distribute +4. Right to Public Performance +5. Right to Public Display +6. Right to Digital Performance + +** Creating Structure +*** preface of needs +- 2 LLCs +- 2 EIN numbers +- Bank Account (business) +- Accountant +- Corporate Attorney +- Tax Attorney + +*** book +- The Musicians Guide to Self Publishing +- "being on your way to being investible" + +** Ultimate Company Setup +*** LLCs +- Operations +- Asset Holdings + +*** Operations LLC +- Physical Labor (income) + - Leasing + - Beat Sales + - exchanging of master rights to new owner in exchange for producer advance + - Publishing Royalties + - Endorsements + - Producer Royalties + - master royalties owed from record company when you sold the beat + + +*** Asset Holding LLC +**** What its for +- where copyrights are held + - $50 - $100 a year + +- the more valuable assets you have in the company the easier it will be to do a publishing deal with you as an asset owner. + +**** Income + - direct income into this company, NOT royalties + - the only transaction you make is when you do a publishing deal advance as a lump sum + +**** Caution + - don't infringe on any compositional or master rights when signing service contracts under this business + + - otherwise the LLC will get sued for everything it has + - *KNOW* when you are sampling something + - educate on what a sample is + - WHEN you are sampling + - CLEAR YOUR SAMPLES diff --git a/toc.org b/toc.org index c849e59..08d5599 100644 --- a/toc.org +++ b/toc.org @@ -13,6 +13,7 @@ * Dailies #+attr_html :class contents-overview - [[./_subsections/dailies/legally-print-1k-in-7-days.org][LEGALLY PRINT $1K in 7 DAYS on YouTube as an Artist! (No Money Needed)]] +- [[./_subsections/dailies/ten thousand dollar fundamentals.org][$10,000 fundamentals they wont tell new artists but I will!]] * How to start a Music Production Company #+attr_html: :class contents-overview