MUSI3000 - Careers In Music

These flashcards cover concepts and roles outlined in the 'MUSI3000 - Careers In Music' lecture notes, focusing on actionable career strategies, team-building essentials, and industry insights.

What does a dream written down with a date become according to Greg Reid?

A goal.

What are the components of a SMART goal?

Specific, Measurable, Achievable, Realistic, Time-bound.

What is an example of a SMART goal for a musician?

Selling out Club Saw for an album release show.

How should musicians create their goals?

By creating a list in increments of 6 months, 1 year, 3 years, and 25 years.

What does the term 'team' signify in a music career?

That you are a business and need to think of yourself as one.

What position is now considered essential for every artist?

Graphic Designer.

What software is suggested for basic graphic design tasks?

Canva and Photoshop.

What role does a recording engineer play in a musician's team?

Helps produce regular releases and manage the technical aspects of recording.

Why are short videos important for musicians today?

They are necessary for engagement on social media.

What should a photographer provide for a musician's brand?

High quality photos for promotions, album covers, and performances.

What is a key quality to look for in potential team members?

Communication, trust, and mutual benefit.

Who is often the first person on a musician's team?

The artist manager.

What is one of the primary responsibilities of an artist manager?

To handle business decisions and relationships.

How much do managers typically charge new artists?

15% to 20% of earnings.

What is the difference between gross earnings and net earnings as it relates to managers?

Gross earnings are before expenses, while net earnings are after expenses.

What can affect a manager's commission rate?

Performance milestones, like a certain dollar amount earned.

What should music managers not take commissions on?

Recording costs or producer payments.

What is a common duration for management agreements?

3 to 5 years.

Why is it advantageous to have a business manager?

They handle all financial aspects and help keep track of income and expenses.

What is a typical payment structure for a business manager?

Percentage (5%), hourly rate, flat fee, or a combination.

What do attorneys in the music industry do?

Advise on deals and contracts, and shape artists' business lives.

What is the typical charging method for most music attorneys?

Typically a percentage, retainer, or value billing.

What primary task do booking agents handle?

They handle booking live performances.

What percentage do booking agents typically charge?

10%-15% of gross revenue from live performances.

How do booking agents mitigate challenges when multiple artists want the same date?

They issue a challenge giving the other artists an opportunity to confirm their show.

What types of campaigns do publicists usually require?

2-4 months depending on the project.

What is a crucial element that publicists provide?

Relationships with media and influence.

What is unique about Bandcamp compared to traditional digital distribution?

It allows direct music sales to fans with smaller commissions.

What benefit does Bandcamp offer regarding sales on specific days?

They forgo their commission on Bandcamp Fridays.

What is a way to capture emails of fans on Bandcamp?

Utilizing the platform's features to collect email lists.

What is essential for a team structure in music careers?

All relationships should be built on communication, trust, and mutual benefit.

What do digital distributors do for artists?

Distribute their music to platforms like Spotify and Apple Music.

What should artists consider when choosing a digital distributor?

Cost, commission, speed, and payment frequency.

What challenges do publicists face in the current music industry environment?

The decline in press influence and the need for buzz creation.

Why is it important to have a diverse team in music?

Each member brings expertise that supports the artist's vision and sustains their career.