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#+title: $10,000 Fundamentals they won't tell new Artists but I will!
#+HTML_HEAD: <link rel="stylesheet" type="text/css" href="../../../../_share/media/css/music.css" />
* 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

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#+title: Start a Music Production Company: Build an LLC pt1
#+title: How to Build a Production Company LLC for Music Producers
#+HTML_HEAD: <link rel="stylesheet" type="text/css" href="../../../../_share/media/css/music.css" />
* Links
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- [[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

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* 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