Music Business 101 for Artists
with Featured Artist Coalition
- Sample Lesson Free
- Management
- Meet the managers, why you need them and what they do
- Getting managed, what managers look for
- The nature of the Artist-Manager relationship
- Acting professionally
- Who next? Building your team
- Typical commission for managers
- Finance & Funding
- Understanding your business and its investors
- Friends and family funding
- Grant Funding
- Crowd Funding
- The Pledge Music Model
- Sponsorship and Brand Partnerships
- Debt Financing
- Equity Investment
- Accounting
- Accounting Basics
- Tax
- Where to find accounting advice
- How to choose your accountant
- What counts as an allowable expense
- VAT
- Royalty Statements
- The essentials of a contract - discussion with Katie Melua and Lucie Caswell
- Intro what is a contract for
- Structure of a contract and how to read it
- Contract ground rules and money
- Golden rules of negotiation and jargon busting
- Legal - Basics
- Introduction and the importance of having a lawyer
- Where to find a lawyer
- What to look for in a lawyer
- Fees
- When do you need a lawyer
- Legal - Deal making
- Negotiating Principles
- The nature of any contract or agreement
- Band Agreement
- Management Agreement
- Record Deal
- Publishing Deal
- Legal - Understanding Rights
- Copyright Basics
- Types of Copyright
- Who owns what rights?
- Ancillary rights
- Wellbeing
- Being true to yourself as an artist
- Building a supportive team
- Dealing with conflict & toxic relationships
- Managing your creativity
Lesson plan (2h 11m)
The modern music business is more diverse and innovative than ever, there are many ways to forge a succesful career beyond going through the traditional gatekeepers of the industry. But the business has never been more complicated and fast-changing. The Featured Artist Coalition (FAC) is dedicated to helping artists take ownership of their careers. The FAC has brought together a range of trusted industry experts to give you the facts and advice you need on the topics essential to an artists' business.
Experts in management, marketing, law, funding, accounting and wellbeing provide a comprehensive guide to the modern music industry and a roadmap to how to succeed, according to your own artistic goals. The Featured Artist Coalition board is comprised of artists such as Annie Lennox, Ed O'Brien (Radiohead), Fran Healy (Travis), Jeremy Pritchard (Everything Everything), and Nick Mason (Pink Floyd). This course contains the advice they wish they had access to when coming up in the industry. If you want to craft a sustainable and successful career as an aritst, you need to take the FAC's Music Business 101