Music Law: How to Run Your Band's Business, 6th Edition by Richard Stim

By Richard Stim

If you happen to belong to a band and love the paintings of your task, yet sing the blues in terms of the enterprise, you would like song legislations. Composed by means of musician and attorney Richard Stim, the e-book explains find out how to: locate the appropriate supervisor; purchase, insure and keep apparatus; get gigs and receives a commission; journey on the cheap; use samples; do covers legally; defend your copyright; trademark your band’s identify; decide on a recording studio; promote your tune; deal with your site; comprehend list contracts; care for taxes. the simplest consultant to be had for bands at the present time, tune legislation presents the entire criminal info and functional suggestion musicians have to maintain from getting burned. All criminal varieties and agreements integrated, as tearouts and on CDROM.

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By Richard Stim

If you happen to belong to a band and love the paintings of your task, yet sing the blues in terms of the enterprise, you would like song legislations. Composed by means of musician and attorney Richard Stim, the e-book explains find out how to: locate the appropriate supervisor; purchase, insure and keep apparatus; get gigs and receives a commission; journey on the cheap; use samples; do covers legally; defend your copyright; trademark your band’s identify; decide on a recording studio; promote your tune; deal with your site; comprehend list contracts; care for taxes. the simplest consultant to be had for bands at the present time, tune legislation presents the entire criminal info and functional suggestion musicians have to maintain from getting burned. All criminal varieties and agreements integrated, as tearouts and on CDROM.

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Additional info for Music Law: How to Run Your Band's Business, 6th Edition

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Exclusions Exclusions are things your insurance policy will not cover. Underwriter This is the person or company that evaluates your business and determines what insurance you may qualify for. Chapter 2 | Band partnershipS and beyond | 43 need to replace this equipment and get back to jamming—and you won’t have much to spend if all you get is the $100 your insurance company gives you for your vintage Marshall amp. Liability Insurance Liability insurance covers damage to other people or their property for which you are legally responsible.

Often this is a founding member, but it can be any band partner—or it can be a nonpartner such as a manager or advisor. Enter the name of the tie-breaker in the blank, or if you don’t want to designate one, either leave it blank or delete the clause. Books of Account and Records This accounting provision sets out some rules for band bookkeeping. The fiscal year is based on a calendar year. However, you may want to consult with your tax preparer or accountant in case there is an advantage for having a fiscal year that ends on another date (for example, April 15).

The Band Partners will share equally in the publishing income from all Recorded Compositions. The writers of each Recorded Composition will receive an equal prorata share of the songwriters’ income with respect to each Recorded Composition. By way of example, if two Band Partners write a Recorded Composition, each will share equally in the songwriters’ income from that song. The publishing income from that song will be distributed equally to all Band Partners. ■ All revenue derived from Recorded Compositions will be pooled (whether it is characterized as publishing or songwriter revenue).

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