Music, Money, and Success: The Insider's Guide to Making Money in the Music Business. 8th ed.

Jeff Brabec and Todd Brabec. Music, Money, and Success: The Insider 's Guide to Making Money in the Music Business. 8th ed. New York: Schirmer Trade Books/Music Sales Corporation, 2018. http://musicandmoney.com

When I reviewed a prior edition of Music, Money, and Success: The Insider S Guide to Making Money in the Music Business by Jeff Brabec and Todd Brabec in 2011, I found it to be the best book on the market at explaining the complicated landscape of licensing, royalty, and income arrangements in the music business. A great deal has changed in the music business since then, and most changes have made it even more complex than before. For example, streaming has now taken the lead in how music is consumed, but the rights and royalties for streaming audio versus video content are different, and for streaming on-demand versus non-interactive are different. Industry newcomers and veterans alike find themselves struggling to parse out the different rights and revenue streams involved in music commercialization today. This book is still the best book on the market at explaining how it all works. Much of this review will be similar to the one I wrote in 2011, because much of the structure and overall substance of the book has not changed, with the important exception of updated examples and new topics that have come into existence or significantly evolved since the prior edition of the book was published.

Structurally, the book is divided into chapters, each dedicated to a segment of the business, such as songwriting and music publishing (including co-publishing and administration), co-ventures...