Record Label Development

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In label partnerships, allowing one company to use one branch to support the activities of another branch is known as what?: Synergy
A systematic approach to copywright protection for digital media, designed to prevent illegal distribution of paid content over the internet is known as....: Digital Rights Management (DRM)
What are the four major label conglomerates?: Universal Music Group
Sony-BMg
Warner Music
EMI
What percentage do indie labels make up for in the market?: 20%
With regards to distribution, what are the distinctions between a major and an indie label?: Major Labels own their distrubtion company
and distribute worldwide, whereas an indie label depends on regional distribution companies oversees.
What are some publicity tools that labels use to promote their artists?: Photos, EPK,DPK, video, press release, record release.
What dept do the lawyers of the record label reside?: The Business affairs dept.
Which dept distributes the advances to the artist after they are signed?: Accounting dept/ business affairs
Which dept is resonsible for securing the talent to the label to helping the artist select material for their project?: Artist & Repertoire dept
Which dept acts as a label manager for the artist?: Artist develpoment/relations
What is the responsiblity of the creative services dept?: To manage photo and video shoots
collaborating on design ideas for the artist
Securing media exposure for the artist is the responsiblity of what dept?: Publicity dept
What is the main priority of the promotion dept?: securing radio airplay for the artist
What does the sales and marketing dept. do?: sell product into retail and create visibility of the product at consumer level
What resticts how much time and artist can perform on a song, and also does not allow the artists name or picture in the artwork?: Sideman clause
This determines if the product will be more than $3 less than SLRP and not before 36 months after the release.: The budget
What type of licensing is needed to use music in commercials, tv shows, movies, dvd's or video games?: Sync Licensing
Who owns the recording masters most of the time?: The record label
T/F : An artist must receive prior approval before delivering a multiple record set to the label.: True
Why must all advances be "paid back" to the record label?: Beacuse they are recoupable
The length of the contract is called what?: the term
The union AFTRA represents whom?: vocalists
True or false: If the producer of an album receives royalities, they are take from the artist royalties: true.
In budgeting, what is the concept in which a product is at least $2 but no more than $3 less than SRLP and the artists receive 75% of the royalties?: Mid-pricing
The AFM union represents whom?: Musicians
The record label is the author and owns the copyright because the artist is classified as what?: Work for hire
The label promises to usually only put one out during the term and one after the expiration of the contract..: Greatest hits compilation
Albums that are given away for promotional or marketing purposes is called what?: Free-goods
What is coupling?: When the label puts music on a compliation cd
What is the objective of label publicity?: to place nonpaid promotional messages into the media on behalf of the artist's project
What are the contents of a press release?: bio
press kit
photos and video
What is the goal of the finance dept?: To forecast when to release project
to project sales
to determine SRLP, discounts and budget
What are the contents of a project budget?: SRLP= suggested retail list price
discounts
projecton of sales
distribution fee
cost of sales
What are the different costs of sales in a project?: Variable costs: Production and Royalties
Recording costs
marketing costs
overhead costs
What is the formula for total net sales?: Gross sales-discounts-distribution fees-returns
What are some recoupable costs in a project?: Recording advance
tour support
music videos
indie promo&marketing
special packaging
cross-collaterlaizaiton

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Deck Info

Number of cards 36

Created By ibmzfinest