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A Cautionary Tale About The Music Industry

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Sad story about an old friend of mine, Artie Wayne, who was responsible for millions of record sales (and dollars) as a writer, producer, song plugger and was my old boss at A&M’s publishing company, Almo Irving, back in the 70s.

Sadder still is that he’s had two songs recorded by Michael Jackson that have been re-released a number of times and his last BMI statement was $0! A number of folks have come to his aid and are starting a class action law suit against Motown and Universal Music Group.

Moral of the story? Don’t count on anyone to have your back. Especially in the music business!

Artie is a great guy and has had an amazing life. Read the full story here: http://www.examiner.com/classic-rock-music-in-national/artie-wayne-vs-the-music-industry-can-a-nice-guy-finish-first#ixzz1bME2zPo7

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MUSIC BUSINESS INSTITUTE LAUNCHED

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I just received this e-mail today so I thought I’d pass it on. Two of the instructors are Mark Northam and Gael MacGregor. I know them both and they are extremely knowledgeable as well as nice folks. I don’t think you can go wrong here. Most long time readers know Gael from her many postings on MLR. I have no vested interest, just passing the news on.

MUSIC BUSINESS COURSES NOW AVAILABLE ONLINE

Featuring Online Courses in Music Supervision and Licensing, Music Royalties, Composer Contracts and Agreements, Accounting and Bookkeeping for Musicians, and more.

Global Media Online is excited to announce the launch of The Music Business Institute (http://www.mbischool.com), a new online learning destination featuring music business courses designed to deliver practical, usable knowledge and cutting-edge industry experience from industry pros to participants worldwide interested in working in the film and television music business. MBI is launching with 5 core online music business courses, with more planned in coming months. All courses can be taken by participants on their own schedule, at their own pace, from their own location.

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Music Library POV

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I would like to add a new feature to MusicLibraryReport.com called “Music Library POV”. It would offer the opportunity for music libraries to discuss their “Point Of View” on their company’s philosophy and business model and to comment on other aspects of the music library business. I think this would be an excellent way for both the music creators and the library owners to better understand each others needs and requirements.

Some points might be (in no particular order):

1.) Your company’s philosophy.
2.) Type of business model (royalty free, traditional) and why you chose it.
3.) How long you have been in business.
4.) Credits
5.) Your history in the music business.
6.) How do you feel about re-titling.
7.) What is the average income a user makes with your company.
8.) Do you specialize in one particular genre of music.
9.) Does the proliferation of so much music and so many music libraries online detract from anyone making a decent income.
10.) Best “format” to follow when creating a cue.

If you have any ideas on what you would like addressed please leave your comments.

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