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Entries in finances (6)

Tuesday
Aug082017

Negotiating A Music Producer Agreement: 7 Key Issues

This post by Canadian entertainment lawyer Byron Pascoe originally appeared on the Bandzoogle Blog

Whether you’re a music producer, or a performing artist working with a producer, it’s important to discuss the terms of your arrangement with each other.

While it’s better late than never to formalize the artist-producer relationship, it’s easier to start the conversation before heading into the studio, and much easier before the music generates interest and money.

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Tuesday
Aug022016

A Day In The Life Of A Full-Time Musician

This post was written by Joy Ike ​and originally appeared on the Bandzoogle Blog.

If you ask any full-time artist, they’ll probably admit that their daily schedule is an ever-changing, overwhelming wild beast that can’t be tamed.

As someone who has been living as a full-time artist for the last 8 years, I’ve established somewhat of a routine, but it’s constantly changing based on outside factors, how I feel, or a last-minute gig opportunity that completely derails my to-do list for the day.

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Tuesday
Oct272015

The 6 Things This Unknown Band Did To Make A Sizable Profit From A Short Tour

I’m talking with Rolfe Briney IV, lead guitarist for Birmingham, AL, garage rockers Freaky Deakys. He and Trevor Dane, the group’s lead singer and other guitarist, recently returned home from a brief yet busy tour that found them playing 12 shows over 10 days. After talking about the crazy things that happen on tour, there was one thing that totally shocked me: they made a sizable profit.

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Friday
Oct162015

The 5 Most Important Questions Every Serious Musician Needs To Ask Themselves

At some point, every musician hits a wall. The worst part is, sometimes you don’t even realize it. You’re trudging along, so stuck in the day to day and what you need to do to keep your head above water that any room for growth is instantly stunted. And before you know it, you’re beating your head against the wall trying to figure out why there hasn’t been any real progress in six months.

When a venture is new and everything is still fresh and exciting, it’s easy to get swept up in the potential of it all. But when dreaming turns to reality, and the stress of day-to-day life hits us, we forget how essential it is to step back and really focus on the future – not just the now. So before you go throwing in the towel, try asking yourself these five questions.

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Saturday
Oct032015

How To Be A Successful Performing Artist In The New Millennium - Part Two

Last month, in Part One, we established that the only money in the music business right now is in performing your own songs and owning your own publishing and merch. We looked at the eleven things an aspiring singer/songwriter needed to do in order to be able to take the next step into learning how to become an entertainer and communicate and connect with an audience. Part One involved a lot of hard work and long, boring hours of practice and re-writes with little to no payoff. Now it gets interesting, although there’s still plenty of hard work ahead. Part Two assumes that the artist has completed all the steps in Part One.

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Wednesday
Sep022015

How To Pre-Plan & Manage Your Band's Tour Finances

When indie music duo Pomplamoose went on 28-day tour in fall 2014, they sold just under $100,000 in tickets. With merchandise sales and a sponsorship from Lenovo, they pulled in a total of $135,983. However, after paying for publicity, payroll, production, hotels, food, travel, commissions, merchandise manufacturing, and other costs, total tour expenses added up to $147,802. Pomplamoose ended up putting $11,819 on credit cards to cover the cost of their own tour.

Fortunately, Pomplamoose was expecting a loss

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