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Music business framework
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The American Dream Money, fame, and promiscuity are the three main components of the American Dream, and what better way to get to that level than through music? The truth is, almost any other profession has a higher statistical chance of achieving this goal. Musicianship is a nearly impossible career plan to survive with. An artist will spend incalculable hours learning and mastering their craft, only to be oppressed by the community. No matter how much time or money a musician spends on his/her creations, the world will typically find a way to avert their success. The fact is that buying a song or album won't affect the original artist in the slightest (economically speaking). If an artist is famous, it generally means that he/she is affiliated with a major record label, and therefore not autonomous. This is where the swindling comes in. Brian Reed proclaims that "A low-end royalty deal only pays 30 cents per album sale" (Who Really Profits From Your iTunes Downloads?). If one hundred full-length albums are purchased each day on this contract (which is outrageous, especially for an up-and-coming artist), the performer will make $10,950 in an entire year. If the musician is part of a band or group, then that profit still has to be split evenly amongst members. Nobody can live off of $11,000/year in the first place, so how is one supposed to support his/herself? The answer is simple: he/she must find a second job. The cost of being a successful musician is exorbitantly high. One must pay to record in a studio, to put all of his/her music on vinyl records or compact discs, to feed his/herself, etc. Sadly, a career in music will usually not give this person anywhere near the amount of money that he/she needs to survive. People often... ... middle of paper ... ...a bad decision. With that being said, one must be prepared to get knocked off the musical radar at any second, while industry workers remain without empathy. Whether it’s due to an economic, social, or physical problem, it is necessary to realize that everybody can fail in the music industry. After all, the American Dream really is just that - a dream. Works Cited Barnett, Laura. "Don't Give up the Day Job." The Guardian. Guardian News and Media, 25 Jan. 2010. Web. 26 Feb. 2014. Finberg, Lars. "How I Survived Not Making Any Money in the Music Industry" The Stranger. N.p., n.d. Web. 27 Feb. 2014. Reed, Brian. "Who Really Profits from Your ITunes Downloads?" Investment Strategies, Education & News. N.p., n.d. Web. 28 Feb. 2014. Windermere, Anna. "What Are the Advantages & Disadvantages of Being a Professional Musician?" Work.chron.com. N.p., n.d. Web. 27 Feb. 2014.
In the article “The Case against College,” Linda Lee argues that upper-level education should only be for those who intend to go into jobs where a degree is essential such as medicine, law, and education. Lee dismantles the hope for higher education for those who are unsure of what they want to do or simply see it as the next step in life. Lee’s case is not specifically about why not to go to college; it is more about who belongs there and who does not. Receiving a degree, especially in the creative department of the music industry, may not be as important as society makes it out to be. Creativity is natural, and people are born with ingenuity; it cannot be taught. Lee’s argument is very fitting to those in the field of music. As a music business major, pursuing a career as a singer-songwriter, it is common knowledge that success in the music industry depends upon whom you know and how talented you are, not whether or not you have a degree.
established to serve a dual purpose: the desire to create music and the need for
The big decision for many young adults like Meyrovich is whether or not to pursue a degree. The recent fame and success of Berklee dropouts John Mayer and Gavin DeGraw have many hopeful young performers questioning whether or not college is necessary. Does the entertainment industry care more about credentials or talent?
To do what makes oneself happy. The American Dream is represented in many different ways and every person lives and chases a different version of the American Dream. Chris McCandless lived his American dream by walking alone into the wilderness of Alaska. The song written by Toby Keith, “American Soldier”, shows the price some pay for their dreams and ours to come true. Jay Gatsby died trying to acheive his dream and get the girl he loved, but died happy because he had pursued her until his death. The band All Time Low wrote a song called “The Reckless and The Brave” that brings a new light to how we go about achieving our dreams. So I believe that the American Dream is all about doing what will make you the happiest in the end.
, a feat that is considered career suicide for any mainstream musician. Sure they lack the fame, wealth, and prestige of any well known rapper or rock star displayed in the media with the acclaim of demigods, but their lack of creative restraint leads to an even greater connection between the sweet music they create and the limited individuals lucky enough to have heard of them.
Field, Shelly. Career Opportunities in the Music Industry. 3rd Ed. New York: Facts on File, 1995.
Elam ,T (2008) Special Skills, Crouch, T 100 Careers in the music Business (pp138),New York: Barron’s Educational Series, Inc)
...e an opportunity for students to become more mature emotionally and mentally, it also provides them with the possibility for a career in music. Without these options, some very talented young people may not realize their gift and passion that they may have in music.
"The American Dream" is that dream of a nation in which life should be better and richer and fuller for everyone, with options for each according to capacity or accomplishments. It is a dream of social stability in which each man and each woman shall be able to achieve to the fullest distinction of which they are essentially competent, and be distinguish by others for what they are, despite of the incidental conditions of birth or stance. The American Dream is often something that humanity wonders about. What is the American dream? Many people discover success in a range of things. There are many different definitions of the American Dream. However, the American Dream embraces prosperity, personal safety, and personal liberty. The American dream is a continually fluctuating set of ideals, reflecting the ideas of an era.
What is the American Dream, and who are the people most likely to pursue its often elusive fulfillment? Indeed, the American Dream has come to represent the attainment of myriad of goals that are specific to each individual. While one person might consider a purchased home with a white picket fence her version of the American Dream, another might regard it as the financial ability to operate his own business. Clearly, there is no cut and dried definition of the American Dream as long as any two people hold a different meaning. What it does universally represent, however, it the opportunity for people to seek out their individual and collective desires under a political umbrella of democracy.
Music and acting share many of the same traits. The musicians and actors are always in the public eye, and that can create an immense pressure in their lives. Sometimes that can be bad and can drive people to madness, but sometimes it can drive people to improve. There is also the salary, which is one of the best parts. They both make an elephantine amount of money for what they do. A musician can work on an album for a year and can crank in over 50 million dollars in revenue for the album. Top actors make
These days, album and song sales simply don't cut it due to new free online streaming services. The article The New Necessity in the Music Business said that corporate sponsorships can make musicians anywhere from $10,000 to $150,000. This can pay for equipment, touring, and living expenses. When you have this extra money, you no longer have to worry about debts that would be burdened if you did not take that corporate sponsorship. Corporate sponsorships make plenty of money so that a band or recording artist can become more profitable and more
John Williams Interview for Music Express Magazine. Perf. John Williams. YouTube, 20 Apr. 2012. Web. 21 Nov. 2013.
The music industry started in the mid 18th century with Wolfgang Amadeus Mozart. Through the decades there has been a great increase in this industry; however, the revenues for this industry have declined by half in the last 10 years. This has been caused by music piracy, which “is the copying and distributing of copies of a piece of music for which the composer, recording artist, or copyright-holding record company did not give consent” . After 1980’s, when the Internet was released to public, people started to develop programs and websites in which they could share music, videos, and information with...
For almost 8 years in my life, I have used music to learn more about the world itself. I have used the strength of guitar strings to create sounds of passion, and vibrance, all the while learning the importance of hard-work and strength within one-self. I have spent hours working on the same four beats of a Beatles song, because to me, fixing the way you play certain music is the only way the musician’s message can be achieved. I have spent months on end figuring out