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LESSON 1 · How the Music Business Works

What Artists Need to Know

In this business, knowing the rules matters as much as talent. Three things protect an artist's income:

  • Own your masters — controlling your recordings means controlling your money for life
  • Publishing — songwriting royalties are a whole separate paycheck; register songs with a PRO (ASCAP, BMI, or SESAC) early
  • 360 deals — these give the label a cut of everything: recordings, touring, merch, and endorsements