Tag Archive: UK Music

  1. A New Festival is Coming to Town

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    TDM Festival

    A new festival is taking over Leicester and it’s ready to blow everyone away. This new festival goes by the name TDM (which stands for Truly Diverse Music) and it’s allows you to be introduced to world music and to celebrate it all at once.

    The festival is taking place inside the Cultural Quarter in Leicester from 26th-28th of May 2017. The first set of tickets are going on sale on Friday 3rd March 2017.

    History

    The festival is a great way to hear new music and celebrate something that is Leicester born and bred. The origins of the festival stem from when the TDM coordinator was studying at the De Montfort University and put together a world music event with fellow students, which had the name Tour De Music (TDM). This inspired the coordinator to keep doing this after graduation.

    TDM Festival, is powered by Horus Music.

    Venues

    Tickets will be released on Friday 3rd March for 5 of the festival events, to be held across 3 venues. 4 of the events will be hosted by The Exchange and Manhattan34 who will run events back to back across Saturday and Sunday. The 5th event that is hosted by The Peepul Centre, who will close the festival with an India focused event. This is to celebrate the 70th year of independence for India.

    More venues and events will be added at a later date, along with line-up announcements through the month of March.

    Variety of Genres

    What is so special about this festival, is that it isn’t bound to just one genre. The line-up will have a variety of genres such as brass band, reggae, hip-hop, electronic, rock and so much more.

     

    Tickets

    Tickets are out now and are available here http://tdmfestival.seetickets.com/tour/tdm-festival

    For more information and news, you can take a look at the following links:

  2. An Introduction to the Music Industry – Part 2

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    Catch up on part 1 here and find out how you can make money from the rights you own.

    An Introduction to the Music Industry - Part 2

    Live Performance

    Unlike copyright, which can be harder to understand, the are two other forms of revenue streams that artists will use. These two forms of making money are Live Performance and Fan Relationship.

    To make money from Live Performance is to simply monetise live performances in front of people. However, ticket income is not the only stream of revenue within the live performance setting, for instance money can be made from:

    • Tickets
    • Ticket commissions
    • Ticket resale mark-ups
    • Food and drink
    • Other services – i.e. cloak room, parking, VIP.
    • Sponsorships – the live sector has the most revenue wth brands (i.e. O2, branded beers at gigs).

    As a an artist’s fan base grows and have greater success and exposure, the live setting will change (naturally getting bigger). Here are the steps that most artists and bands traditionally follow as their live setting changes:

    1. Self promoted gigs, pay to play.
    2. ‘Gig’ or ‘Club’ nights, festival new bands stages.
    3. Club and pub venue touring, festival stages.
    4. Theatre venue, festival main stages – this is the stage where artists will start to make ‘real’ money.
    5. Arena touring, potentially headline slots at festivals
    6. Stadium touring, headlining festivals.

    Fan Relationship

    In the digital age, as record sales diminish and the popularity of streaming services have drastically increased, using a fanbase as a source of revenue has become a major focus for new bands and artists. With the use of social media, artists now have a way of communicating with their fanbase and to get to know them better. This means that artists can find out what the core fans want, and consequently, can find out what to sell to them.

    As an artist, once you have an engaged, growing fanbase, you can start to sell them products and services, such as:

    • A subscription service (i.e. an online fan club)
    • Signed records
    • Deluxe records (with extra content such as, B-sides, demos, acoustic versions etc.)
    • Premium merchandise

    Using the combination of you (the artist), your music and your live shows, you can sell content, experiences and a relationship to your fanbase. In addition, if a sizeable fanbase is created, brands and companies may want to start a partnership with the artistic order to reach that audience, as well as exposing you to their customers.

    These three revenue streams are all built on and rely upon building a group of core fans. To provide them with content, different experiences and an ongoing, engaging relationship, artists will usually have to depend on creating partnerships with other roles within the music industry.

  3. An Introduction to the Music Industry – Part 1

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    The music industry can be a mysterious place. It’s important to what what each area of the industry does and how you can earn a living.

    An Introduction to the Music Industry - Part 1

    Intellectual Property

    Intellectual property is based around Copyright. Copyright is present in all forms of intellectual property, from film to music to journalism. Although the specifics can vary from country to country,  usually the creator owns all the rights. Unless the creator is employed to create something, in which, the employing company would own the rights. In each creative industry, especially the music industry, there are many rights that can be owned by different parties (the artist, songwriter, record label etc.).

    There are several rights involved in a singular release (single, E.P., Album). Here is an explanation to what they grant the rights to and who would own these rights:

    • Song Rights: Covers Musical Composition, Lyrics, Performance rights and Publishing Rights (mechanical rights, print rights, synchronisation rights).

    Often owned by the artist or the band. These rights can often be split amongst band music partners, i.e. Elton John (composer) and Bernie Taupin (lyricist), or have joint owners amongst a band, i.e. John Lennon and Paul McCartney.

    • Recording Rights: Covers Recorded Rights, Mastering Rights and Music Videos.

    Often owned by whoever pays for these services, i.e. the record label.

    • Artistic Rights: Covers Artwork and Photography.

    Often owned by the artist or photographer who creates/takes these.

    Making Money and Licensing

    If you own all the rights on a song (excluding artistic rights), you can control:

    • Re-production = re-recording your music.
    • Distribution = distributing your music to stores and streaming platforms.
    • Public Performance = your music being played publicly.
    • Adaption
    • Communication/Broadcasting = your music being played on radio
    • Synchronisation = your music being in film, TV, video games, advertisements and other forms of visual media.

    As the rights holder, you make money by Licensing these. Licensing means giving permission to others to use your property, and so as an artist, songwriter, record label etc. you can sell licenses (permission) for the above actions to other artists and industry members.

    NOTE: Copyright does not last forever i.e. in the UK copyright for recording rights last 70 years, becoming public domain afterwards. However, owners of these rights have found ways to renew these rights. For instance, as the recording rights for specific songs have started to run out, record labels have begun re-releasing music to renew the recording rights (which will last for another 70 years in the UK).

    Trademark

    People often get Trademark and Copyright mixed up, however unlike Copyright (which is automatically in place), to trademark something registration is required.

    There is no copyright in the name of an artist or band, however artists and bands can register their names for trademark (requesting which sector you are protected, i.e. Oasis – Band, Oasis – drink and Oasis – clothes retailer). Artists who trademark their name in entertainment can license their name to fashion, perfume, beer etc. For artists that reach a certain level of ‘success’, a lot of money can be made from trademark licensing.

    Artists and Bands may look to have the following trademarked:

    • Names
    • Logos
    • Slogans

    NOTE: Certain words cannot be trademarked, for example: swear words, key religious figures, city names.

    Part 2 covers how to make money from live performances and from an engaged fanbase.