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CMUdiy.com
CMUdiy.com
A BEGINNER’S
GUIDE TO
THE MUSIC
INDUSTRY
CMUdiy.com
The music industry consists of
companies and individuals who
work with artists to help them
turn what they do into money
CMUdiy.com
MAKE:MONEY
CMUdiy.com
HOW DO YOU MAKE MONEY FROM MUSIC?
INTELLECTUAL PROPERTY
LIVE PERFORMANCE
FAN RELATIONSHIP
CMUdiy.com
HOW DO YOU MAKE MONEY FROM MUSIC?
INTELLECTUAL PROPERTY
LIVE PERFORMANCE
FAN RELATIONSHIP
CMUdiy.com
INTELLECTUAL PROPERTY – AKA CONTENT
©SONGS ©RECORDS
CMUdiy.com
THE DIGITAL MUSIC MARKET
 Digital now the biggest revenue stream for recorded music.
 But also: CD, vinyl, radio, public performance, synchronisation.
CMUdiy.com
INTELLECTUAL PROPERTY
©SONGS ©RECORDS
©MERCH ®BRAND
EXTENSIONS
CMUdiy.com
HOW DO YOU MAKE MONEY FROM MUSIC?
INTELLECTUAL PROPERTY
LIVE PERFORMANCE
FAN RELATIONSHIP
CMUdiy.com
HOW DO YOU MAKE MONEY FROM MUSIC?
INTELLECTUAL PROPERTY
LIVE PERFORMANCE
FAN RELATIONSHIP
CMUdiy.com
YOUR FAN BUSINESS
you + your music + your shows
your fanbase
SELL THEM STUFF!
Recordings TicketsMerch
Premium Products SubscriptionsVIP Experiences
CMUdiy.com
MUSIC:INDUSTRY
CMUdiy.com
MEET THE MUSIC BUSINESS
 The music industry consists of companies and individuals who work
with artists to help them turn what they do into money.
 Most music companies specialise in one music revenue stream.
 This means the wider industry can be split up, commonly…
• Those which work in music rights v those that work in live.
• Those which exploit recording rights v those which exploit song rights.
 Artists usually have relationships with multiple companies,
doing a different deal for each of their revenue streams.
CMUdiy.com
MEET THE MUSIC BUSINESS
THE MUSIC INDUSTRY
MUSIC RIGHTS
Record Label
Merchandiser
Music Publisher
LIVE INDUSTRY
Booking Agent
Promoter
Ticket Agent
FAN BUSINESS
Direct To Fan
Brand Agency
CMUdiy.com
THE MUSIC INDUSTRY
THE MUSIC RIGHTS INDUSTRY
MUSIC RIGHTS
Record Label
Merchandiser
Music Publisher
Label exploits sound recording rights.
Creates and distributes recorded content.
Works with studios, producers etc.
Traditionally leads on artist marketing.
CMUdiy.com
THE MUSIC RIGHTS INDUSTRY
THE MUSIC INDUSTRY
MUSIC RIGHTS
Record Label
Merchandiser
Music Publisher
Publisher exploits song rights.
Handles licensing of songs and royalties.
May seek sync deals/song commissions.
Traditionally published sheet music.
CMUdiy.com
THE MUSIC RIGHTS INDUSTRY
THE MUSIC INDUSTRY
MUSIC RIGHTS
Record Label
Merchandiser
Music Publisher
Production of merchandise.
Sales and distribution of products.
Maybe license artwork to third parties.
License trademark for product extensions.
CMUdiy.com
THE LIVE INDUSTRY
THE MUSIC INDUSTRY
LIVE INDUSTRY
Booking Agent
Promoter
Ticket Agent
Stages the gigs,
tours, festivals.
Hires event
production staff.
CMUdiy.com
THE LIVE INDUSTRY
THE MUSIC INDUSTRY
LIVE INDUSTRY
Booking Agent
Promoter
Ticket Agent
Sits between
artists and
promoter.
Negotiates deals.
CMUdiy.com
THE LIVE INDUSTRY
THE MUSIC INDUSTRY
LIVE INDUSTRY
Booking Agent
Promoter
Ticket Agent
Sells tickets.
May also provide
cash flow.
CMUdiy.com
THE FAN BUSINESS
THE MUSIC INDUSTRY
FAN BUSINESS
Direct To Fan
Brand Agency
Newest part of the industry.
May provide online platform for capturing,
analysing and selling to fans.
Also need people to manage all this.
CMUdiy.com
THE FAN BUSINESS
THE MUSIC INDUSTRY
FAN BUSINESS
Direct To Fan
Brand Agency
These agencies negotiate and manage
brand partnerships for artists.
Labels and promoters also operating
in this domain.
CMUdiy.com
THE IMPORTANCE OF ARTIST MANAGEMENT
THE MUSIC INDUSTRY
MUSIC RIGHTS
Record Label
Merchandiser
Music Publisher
LIVE INDUSTRY
Booking Agent
Promoter
Ticket Agent
FAN BUSINESS
Direct To Fan
Brand Agency
MANAGEMENT (+ lawyer and accountant)
CMUdiy.com
CMU
cmusignup.com
CMU
cmudiy.com
CMU
cmuinsights.com
CMUdiy.com
CMUdiy.com

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CMU:DIY x Urban Development All Dayer: A Beginner's Guide To The Music Industry

  • 3. CMUdiy.com The music industry consists of companies and individuals who work with artists to help them turn what they do into money
  • 5. CMUdiy.com HOW DO YOU MAKE MONEY FROM MUSIC? INTELLECTUAL PROPERTY LIVE PERFORMANCE FAN RELATIONSHIP
  • 6. CMUdiy.com HOW DO YOU MAKE MONEY FROM MUSIC? INTELLECTUAL PROPERTY LIVE PERFORMANCE FAN RELATIONSHIP
  • 7. CMUdiy.com INTELLECTUAL PROPERTY – AKA CONTENT ©SONGS ©RECORDS
  • 8. CMUdiy.com THE DIGITAL MUSIC MARKET  Digital now the biggest revenue stream for recorded music.  But also: CD, vinyl, radio, public performance, synchronisation.
  • 10. CMUdiy.com HOW DO YOU MAKE MONEY FROM MUSIC? INTELLECTUAL PROPERTY LIVE PERFORMANCE FAN RELATIONSHIP
  • 11. CMUdiy.com HOW DO YOU MAKE MONEY FROM MUSIC? INTELLECTUAL PROPERTY LIVE PERFORMANCE FAN RELATIONSHIP
  • 12. CMUdiy.com YOUR FAN BUSINESS you + your music + your shows your fanbase SELL THEM STUFF! Recordings TicketsMerch Premium Products SubscriptionsVIP Experiences
  • 14. CMUdiy.com MEET THE MUSIC BUSINESS  The music industry consists of companies and individuals who work with artists to help them turn what they do into money.  Most music companies specialise in one music revenue stream.  This means the wider industry can be split up, commonly… • Those which work in music rights v those that work in live. • Those which exploit recording rights v those which exploit song rights.  Artists usually have relationships with multiple companies, doing a different deal for each of their revenue streams.
  • 15. CMUdiy.com MEET THE MUSIC BUSINESS THE MUSIC INDUSTRY MUSIC RIGHTS Record Label Merchandiser Music Publisher LIVE INDUSTRY Booking Agent Promoter Ticket Agent FAN BUSINESS Direct To Fan Brand Agency
  • 16. CMUdiy.com THE MUSIC INDUSTRY THE MUSIC RIGHTS INDUSTRY MUSIC RIGHTS Record Label Merchandiser Music Publisher Label exploits sound recording rights. Creates and distributes recorded content. Works with studios, producers etc. Traditionally leads on artist marketing.
  • 17. CMUdiy.com THE MUSIC RIGHTS INDUSTRY THE MUSIC INDUSTRY MUSIC RIGHTS Record Label Merchandiser Music Publisher Publisher exploits song rights. Handles licensing of songs and royalties. May seek sync deals/song commissions. Traditionally published sheet music.
  • 18. CMUdiy.com THE MUSIC RIGHTS INDUSTRY THE MUSIC INDUSTRY MUSIC RIGHTS Record Label Merchandiser Music Publisher Production of merchandise. Sales and distribution of products. Maybe license artwork to third parties. License trademark for product extensions.
  • 19. CMUdiy.com THE LIVE INDUSTRY THE MUSIC INDUSTRY LIVE INDUSTRY Booking Agent Promoter Ticket Agent Stages the gigs, tours, festivals. Hires event production staff.
  • 20. CMUdiy.com THE LIVE INDUSTRY THE MUSIC INDUSTRY LIVE INDUSTRY Booking Agent Promoter Ticket Agent Sits between artists and promoter. Negotiates deals.
  • 21. CMUdiy.com THE LIVE INDUSTRY THE MUSIC INDUSTRY LIVE INDUSTRY Booking Agent Promoter Ticket Agent Sells tickets. May also provide cash flow.
  • 22. CMUdiy.com THE FAN BUSINESS THE MUSIC INDUSTRY FAN BUSINESS Direct To Fan Brand Agency Newest part of the industry. May provide online platform for capturing, analysing and selling to fans. Also need people to manage all this.
  • 23. CMUdiy.com THE FAN BUSINESS THE MUSIC INDUSTRY FAN BUSINESS Direct To Fan Brand Agency These agencies negotiate and manage brand partnerships for artists. Labels and promoters also operating in this domain.
  • 24. CMUdiy.com THE IMPORTANCE OF ARTIST MANAGEMENT THE MUSIC INDUSTRY MUSIC RIGHTS Record Label Merchandiser Music Publisher LIVE INDUSTRY Booking Agent Promoter Ticket Agent FAN BUSINESS Direct To Fan Brand Agency MANAGEMENT (+ lawyer and accountant)