Consistency and Music Business Management Lectures

 

Strive for consistency. This advice I got in time when I was studying in the law school. Now, almost 30 years from that, I still find new meanings for consistency. I decided to upgrade the ‘consistency points’ for the next autumn’s lectures. How to facilitate a foundation at which the students are able to embrace everything needed – also the important detailed parts. You need a frame against which everything presented can be reflected. Especially in a music business, where situations develop with a pace, with new business and promotion opportunities lurking behind every corner. Before I go to that job, I decided to write this overview, to myself. This is a moment before I decide the route – and the direction. Such a starting point is also one expression of consistency.

Consistency in creating lectures is of importance in this picture

 

 

 

 

 

 

 

 

The knowledge of the music business contains many different themes and subject areas, some of which are more important. The most important business conditions are, of course, copyright. Without it this would not be a business. The autumn’s first lecture kit is dealing precisely with this very topic. For this reason, this article is good to reflect against that background.

Being patient is something that is needed here. Not only because of the number of taught material, but also for your own adoption and adoption style. Copyright is the fundamental of this sector and just a good reason to learn it with care. Due to derivative of this business, every agreement has to, in one way or another, take a position on copyright. This, in turn, also increases the knowledge of contracts – at least indirectly. Consequently, when you study copyright, you also study contracts. Two birds with one stone.

That’s also the reason why copyright and contracts walk hand in hand.

This is the point where consistency steps into the picture, as well as patience. You don’t have to learn everything at once. Think about a long distance runner who starts the competition too fast. It is likely that he or she gets tired before the finish line. Also ,you get the experience yes, but can’t enjoy the run. Save the best for last, when you are ready for it.

More important than to succeed in the exam is to adopt this information for the rest of the life. Then the subject is no longer needed to return again. The fundamentals are in hand and you already know when you need repetition.

It is nice to ride on a wave and be involved in trendy. Currently, NFT (non-fungible token) is a thing that attracts. Without a doubt, it has opportunities – and a lot. However, before you start offering your own digital products there, you should find out what it means to your copyright. And for artists – to their story.

Copyrights are not just a financial thing – how much of the total income owner gets. It is also about control. It is not impossible that when you own 75 percent of the output of the work, who owns 25 percent has the final decision on the use and exploitation of the work. It depends entirely on the contract and in this case on the conditions of issuance in which the work is made available to the public.

There is a lot of writing and electronic content on copyright. This is likely to hinder the maintenance of consistency. For this purpose books and lecture series are needed to systematically present these underlying legalities. They tend to remain the same. New information has only a little value if one doesn’t understand its significance in the overall picture.

I actually use the books I have written on lectures. This is how I ensure the lessons to advance consistently. I replenish them with Songtrust‘s material that is diligently updated. This is because I am regularly dealing with them and thus aware of their content and practices. This makes it easier to maintain the overall picture. In studying copyright, there’s no reason to carry coals to Newcastle. If you are looking for material too far, there’s a risk that the systematic is suffering. Always teach what you control, this was a note to myself :).

Anyway, when you know how this has come, it’s easier to understand this day and the future. Mechanical royalties, for example, are an ever-seasonal term. Who knows that their origin is related to piano rolls used back in the days. Afterwards, the term is adopted in a digital environment. However, the basic idea is still the same – to ‘store’ music into some listenable format and get paid for it.

And so it happened again. When you just start writing, without an effort – you may come up with an idea. Now I know how I am going to structure these lectures. Thank you for sharing this moment with me.

-Mika