13min chapter

How to Build a Sustainable Music Career and Collect All Revenue Streams cover image

S4.3/E59: Get Your Business Affairs Together w/ Rough Trade & EYRE LLEW's Sam Heaton

How to Build a Sustainable Music Career and Collect All Revenue Streams

CHAPTER

Sorting Out Business Affairs in Music and Entertainment

The chapter highlights the importance of legal accounting in the music industry, stressing the need to sort out compensation agreements before recording to prevent complications. It covers various aspects such as the division of compensation between recording owners and songwriters, payment structures for producers, using work-for-hire agreements to secure ownership rights, discussing songwriting splits, and the significance of hiring a specialized music attorney for complex agreements.

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