Understanding the Music Business

P2P | 19 March 2018 | 1.54 GB

This course will examine the music industry in the United States, with the unique perspective gained by Vanderbilt University’s location in Nashville, TN. Nashville is a major center of music in the Uni ted States, and the music created here has a global reach, particularly in the country, rock, pop, singer-songwriter, and Americana genres. However, students will learn that the basic principles of recording, marketing, copyright, licensing, and live performance are the same, regardless of musical style or genre.The music business is one of the most rapidly changing industries in the US today. It is also an industry filled with contradiction, and media headlines and anecdotal stories often add to the confusion.

Here are just a few statements paraphrased from recent news stories:
•The music business has collapsed
•Demand for music is expanding at the greatest rate in history
•Historic recording studios are closing at an alarming rate
•More people are making recordings than ever before
•Musicians usually lose money touring
•Musicians usually make money touring
•Major artist pulls songs off streaming services because they don’t pay fairly
•Major artist makes a fortune from streaming services
•People won’t buy records anymore
•Vinyl record sales are soaring

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