"The music industry consists of the individuals and organizations that earn money by writing songs and musical compositions, creating and selling recorded music and sheet music, presenting concerts, as well as the organizations that aid, train, represent and supply music creators."
The study of the business aspects of the music industry, including marketing, distribution, and copyright.
Copyright Law: Understanding the legal rights that protect musical compositions and sound recordings, as well as the rights of the creators, publishers, and record labels.
Songwriting: Learning the craft of creating original songs that are marketable and competitive in the industry, as well as understanding the process of split-sheets and demo submissions.
Music Theory and Composition: Familiarity with rudiments and advanced musical principles like harmony, melody, and rhythm, and how they shape different genres of music.
Record Production: Learning about the recording process, working with producers, engineers, and identifying the elements to create a high-quality recording.
Music Publishing: Understanding the business of music publishing, including licensing, royalties, copyright protection, and the role of the Performing Rights Organizations (PROs).
Artist Management: Mastering the skills to manage an artist's career, including promoting, developing a brand, and representation.
Live Performances: Understanding the logistics of organizing a live show, tour management, merchandising, and creating a profitable tour revenue.
Record Labels: Understanding the structure of a record label, how they identify and sign new talent, and their role in recording, release, promotion, and distribution.
Music Marketing: Understanding promotional strategies, advertising, public relations, social media, and how they apply to the music business.
Music Business Ethics: Understanding the ethical issues surrounding the music industry, such as piracy, plagiarism, conflicts of interest, and the effects of globalization.
Contracts and Negotiations: Understanding important contract terms, negotiation techniques, and the role of lawyers in the music industry.
Music Business Trends: Keeping up with the latest changes, trends, and disruptors in the music industry, including new business models like streaming and crowdfunding.
The Music Industry Ecosystem: Understanding the roles and relationships between the stakeholders in the music industry, including composers, performers, producers, record labels, publishers, and the audience.
Music Industry Analytics: Understanding the data and metrics that drive the music industry, including sales figures, streaming statistics, and listener demographics.
Record Labels: They are companies that produce and distribute music recordings.
Music Publishing: This includes the administration of copyrights, licensing, songwriting, royalties, and many other functions related to the commercial exploitation of music.
Live Music Production: The organization and management of live concerts, festivals, and events.
Music Promotion: The act of promoting music and musicians through various channels like radio, TV, social media, etc.
Music Marketing: This includes the promotion and distribution of music to the public and the media, in order to create a buzz around the artist.
Music Licensing: This refers to the use of music in visual media like movies, TV shows, and commercials.
Artist Management: Representing and managing the careers of musicians, managing their schedules, contracts, and collaborations.
Tour Management: Managing the logistics, finances, and operations of a touring music act.
Music Education: Teaching and training musicians in various aspects of music, ranging from instrumental techniques to music business practices.
Music Technology: Creating and developing new technologies and software for the creation and distribution of music.
Sound Engineering: Recording, mixing, and mastering music in the studio or live performances.
Music Retail: The sale of musical instruments, equipment, and accessories to musicians and music enthusiasts.
Music Journalism: Writing and reporting about music, musicians, and the music industry.
Music Therapy: The use of music as therapy to treat mental and physical conditions.
Music Research: Conducting research on the theory, history, and sociology of music.
"Among the many individuals and organizations that operate in the industry are: the songwriters and composers who write songs and musical compositions; the singers, musicians, conductors, and bandleaders who perform the music; the record labels, music publishers, recording studios, music producers, audio engineers, retail and digital music stores, and performance rights organizations who create and sell recorded music and sheet music; and the booking agents, promoters, music venues, road crew, and audio engineers who help organize and sell concerts."
"In addition to the businesses and artists there are organizations that also play an important role, including talent managers, artists and repertoire managers, business managers, entertainment lawyers; those who broadcast audio or video music content; music journalists and music critics; DJs; music educators and teachers; manufacturers of musical instruments and music equipment; as well as many others."
"The modern Western music industry emerged between the 1930s and 1950s."
"Records replaced sheet music as the most important product in the music business."
"In the 2000s, a majority of the music market is controlled by three major corporate labels: the French-owned Universal Music Group, the Japanese-owned Sony Music Entertainment, and the US-owned Warner Music Group."
"Labels outside of these three major labels are referred to as independent labels (or 'indies')."
"The largest portion of the live music market for concerts and tours is controlled by Live Nation, the largest promoter and music venue owner."
"In the first decades of the 2000s, the music industry underwent drastic changes with the advent of widespread digital distribution of music via the Internet."
"In 2011, the largest recorded music retailer in the world was now a digital, Internet-based platform operated by a computer company: Apple Inc.'s online iTunes Store."
"Since 2011, the music industry has seen consistent sales growth with streaming now generating more revenue per year than digital downloads."
"Spotify, Apple Music, and Amazon Music are the largest streaming services by subscriber count." (Note: The paragraph does not provide direct quotes for questions 12-20)