The growth of music streaming has dramatically changed the business of recorded music. Instead of sharing in the proceeds of a physical or digital sale, music makers and rights holders are now participating in new commercial models based on revenue share and micro-payments. 'Dissecting The Digital Dollar' explains how the streaming business works, how the music industry has licensed the digital platforms and how digital royalties flow through the system. To help you understand this complex licensing model, it also provides a beginner's guide to music copyright, record and publishing contracts, and the collective licensing system. When first published as a report by the UK's Music Mangers Forum in 2015, 'Dissecting The Digital Dollar' also raised a number of issues which were subsequently discussed at a series of roundtables in 2016 involving artists, songwriters, labels, publishers, lawyers, accountants and managers. This Second Edition includes an updated version of the original report, a summary of the roundtable discussions, and two new guides providing further insight on label deals and the transparency debate.
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Chris Cooke is MD and Business Editor of CMU, writing for its media, co-hosting its podcast, and leading on the CMU Insights training and consultancy projects. He also heads up the CMU:DIY education programme for young artists. CMU is part of Chris’s company 3CM UnLimited, through which he also publishes cultural recommendations service ThisWeek London and its sister magazine ThreeWeeks Edinburgh; and helps to run award winning PR training charity the Taylor Bennett Foundation. With degrees in English and Law, Chris regularly writes about, discusses and comments on the music business, intellectual property matters, and the media and communication sectors.
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