Hidden Hands EP 7 (Laney Stewart Pt.2) | Industry Dynamics, Up and Coming Talent, and More
Aug 15, 2023
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Laney Stewart, an A&R executive, talks about industry dynamics, up and coming talent, and music production tips. They also discuss the influence of Eddie Riley and the Isley Brothers, the role of producers, and the importance of playing different roles in the music industry.
Education and self-awareness are crucial in the music industry, including understanding contracts, marketing, and streaming payments.
Collaboration and building a strong team contribute to success in the music industry by sharing knowledge, pooling resources, and supporting each other's endeavors.
Financial literacy and long-term planning are essential, emphasizing the need to understand contracts, fees, ownership rights, and building multiple streams of income.
Deep dives
The Importance of Education and Self-Awareness in the Music Business
In this podcast episode, the speakers emphasize the value of education and self-awareness in the music industry. They highlight the need for artists and producers to understand the business side of their craft, including contracts, marketing, and streaming payments. They discuss the importance of developing a strong work ethic, being self-sufficient, and learning from the experiences of those who came before them. They also stress the significance of building a loyal fan base, embracing multiple genres, and balancing commercial success with artistic integrity. Overall, they advocate for taking control of one's career and investing in oneself to achieve long-term success.
The Power of Collaboration and Building a Team
Another key point discussed in this episode is the power of collaboration and building a strong team. The speakers emphasize the importance of surrounding oneself with like-minded individuals who can contribute their specific skills and expertise to the overall success of a project. They highlight the value of teamwork, sharing knowledge, and working towards a common goal. They discuss the benefits of learning from each other, pooling resources, and supporting each other's creative endeavors. By collaborating and utilizing the strengths of each team member, artists and producers can enhance their chances of success in the music industry.
The Need for Financial Literacy and Long-Term Planning
The podcast episode also emphasizes the need for financial literacy and long-term planning in the music business. The speakers discuss the challenges and realities of streaming payments, record deals, and royalties. They stress the importance of understanding contracts, fees, and ownership rights. They advocate for artists and producers to take control of their finances, educate themselves about the business side of the industry, and make informed decisions about their careers. They emphasize the value of investing in oneself, building multiple streams of income, and planning for long-term financial stability in a rapidly changing music landscape.
The Changing Landscape of Music Streaming
The podcast episode discusses the challenges and changes in the music streaming industry today. It highlights the discrepancy between the number of streams an artist receives and the actual royalties they earn. The episode emphasizes the importance of understanding the complex payment structures across different streaming platforms, as well as the significance of owning one's masters and releasing music independently. It also touches upon the need for artists and producers to form partnerships and collaborations to maximize their earnings and create long-term financial stability.
Maximizing Income and Building Success in the Music Industry
The podcast delves into strategies for maximizing income and achieving success in the music industry. It stresses the importance of investing in oneself, constantly creating and releasing content, and building a loyal fan base. The episode also emphasizes the need for artists, producers, and other industry professionals to learn various aspects of the business, such as marketing and PR, in order to take control of their careers. Additionally, it highlights the significance of partnerships and collaborations, where everyone involved shares in the financial success and growth of the venture.
We're continuing our talk with A&R with Laney Stewart as he talks more on the dynamics of the industry and key insights on up and coming talent. Get exclusive insights into music production tips and tricks, and learn what goes on behind the scenes in the music industry!
Tap in with Travis @trvoski
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Tap in with Laney @thelaneystewart
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