Dubbed “the industry bible” by the Los Angeles Times , All You Need to Know About the Music Business by veteran music lawyer Donald Passman is the go-to guide for everyone in the music business through ten editions, over thirty years, and over a half a million copies sold. Now with updates explaining why musicians have more power today than ever in history; discussion of the mega-million-dollar sales of artists’ songs and record catalogs; how artist access to streaming media, and particularly TikTok, has completely reshaped the music business; the latest on music created by AI; and a full update of the latest numbers and trends. For more than thirty years, All You Need to Know About the Music Business has been universally regarded as the definitive guide to the music industry.

Now in its eleventh edition, Passman leads novices and experts alike through what has been the most profound change in the music business since the days of wax cylinders and piano rolls: streaming. For the first time in history, music is no longer monetized by selling something—it’s monetized by how many times a listener streams a song. And also, for the first time, artists can get their music to listeners without a record company gatekeeper, creating a new democracy for music.

The “industry bible” ( Los Angeles Times ), now updated, is essential for anyone in the music business—musicians, songwriters, lawyers, agents, promoters, publishers, executives, and managers—and the definitive guide for anyone who wants to be in the business. So, whether you are—or aspire to be—in the music industry, veteran music lawyer Passman’s comprehensive guide is an indispensable tool. He offers timely information about the latest trends, including the reasons why artists have more clout than ever in history, the massive influence of TikTok, the mega million dollar sales of artists’ songs and record catalogs, music in Web3 and the Metaverse, music created by AI, and a full update of the latest numbers and practices.

PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.

An indispensable resource for anyone pursuing a career in the music industry, "All You Need to Know About the Music Business" (11th Edition) is penned by renowned music attorney Donald S. Passman. This comprehensive guide demystifies the intricacies of the ever-evolving music business landscape.

Whether you're an artist, manager, or industry professional, this book offers invaluable insights and practical advice to help you navigate challenges and seize opportunities. With updated content reflecting the latest digital trends and legal developments, this edition stands as the go-to reference for understanding the multifaceted world of music.

Understanding revenue streams is crucial in the modern music business. Contracts and negotiations are more important today than ever before. Digital trends significantly impact royalties and distribution channels.

Explore the intricacies of contracts in the music industry breaking down complex agreements into understandable terms. Passman's expertise offers readers invaluable tips for negotiating favorable deals. Learn about the essential clauses artists should be vigilant about and the pitfalls to avoid during negotiations.

Discover the myriad ways artists earn revenue from traditional album sales to modern streaming platforms. The 11th edition delves into the changes brought by digital media highlighting how artists and industry professionals can capitalize on new opportunities while protecting their financial interests. Stay ahead in the rapidly changing music landscape by understanding the impact of digital trends on royalties and distribution.

This edition sheds light on the latest technologies affecting the music business offering strategic advice for maximizing earnings and leveraging online platforms effectively. Gain insights into the legal challenges facing the music industry today. Passman provides a thorough examination of current laws helping readers comprehend copyright issues and the significance of protecting intellectual property.

By navigating this complex legal terrain readers can make informed decisions that safeguard their careers. Explore strategies for building successful careers in music whether as an artist manager or other professional. With practical guidance on management marketing and branding this book equips readers with tools to establish their presence and achieve long-term success in a competitive industry.

The book provides a unique blend of legal expertise and practical insights from an industry insider making it an authoritative guide for navigating music business complexities. \nIts adaptation to the digital age sets it apart addressing relevant shifts in the industry with up-to-date information on streaming digital rights and evolving revenue models. \nThe engaging writing style makes complex topics accessible to all readers whether seasoned professionals or newcomers ensuring valuable lessons for anyone involved in the music business.