Hal Leonard 00331238

In the music business, the key to success lies in knowing how to protect yourself. Whether you are a performer, writer or executive, Passman's revered and exhaustive guide to the legal and financial aspects of the music world is an essential tool, offering authoritative, up-to-the-minute information.

You'll learn how to:

• select and hire a winning team of advisors
• master the big picture and the finer points of record deals
• navigate the ins and outs of songwriting, music publishing and copyrights
• and maximize concert, touring and merchandising deals

This fifth edition also includes information on:

• music downloads and streaming
• how royalties are computed in the digital age
• why record companies are hemorrhaging money
• new laws on copyright infringement, illegal downloads and challenges to intellectual property rights
• industry strategies to combat piracy
• and the new model for record deals