<p>In today’s fast-moving music industry, what does it take to build a life-long career? Now more than ever, all those working in music need to be aware of many aspects of the business, and take control of their own careers. <i>Understanding the Music Business</i> offers students a concise yet comprehensive overview of the rapidly evolving music industry, rooted in real-world experiences. Anchored by a wealth of career profiles and case studies, this second edition has been updated throughout to include the most important contemporary developments, including the advent of streaming and the shift to a DIY paradigm. A new "Both Sides Now" feature helps readers understand differing opinions on key issues. Highly readable, <i>Understanding the Music Business</i> is the perfect introduction for anyone seeking to understand how musical talents connect to making a living.</p> <p><strong>Part I: The Music Business and Its Components</strong></p><p>1. The Record Industry and Record Distribution</p><p>2. Record Deals, Record Companies, and Recording Contracts</p><p>3. Do It Youreslf (DIY)</p><p>4. Building the Team: Finding and Utilizing Intermediaries</p><p>5. Talent Unions</p><p>6. Copyright, Performing Rights, Summary of Music Publishing Income Streams, and Songwriters' Organizations</p><p>7. Music Publishing</p><p>8. Musical Styles, Regional Music, and the Music Industry</p><p>9. The Concert and Live Performance Business</p><p>10. The International Music Business</p><p><strong>Part II: Building a Career in Music</strong></p><p>11. Making a Living in Music</p><p>12. Working in the Music Industry</p><p>13. Education: Training and Teaching</p><p>14. Marketing, Funding, and Networking: Record Stores and Music Products</p><p>15. Maintaining Long-Term Careers</p>