Music Glossary: business
Upfront payment against future royalties. Recoupable per contract terms; no additional royalties are paid until recoupment is met. more
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Books live shows and tours, negotiates guarantees and terms with promoters/venues. Bleeds you dry but a neccessary evil! more
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Crafting a consistent identity (sound, image, tone, visuals) that communicates who you are to your target audience. more
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Oversees career strategy, team, and business affairs; coordinates releases, deals, and timelines. Bleeds you dry but a neccessary evil! more
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Handles business strategy, deals, and coordination; usually earns 15–20 % of gross revenue. more
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Income paid after recoupment or post-use, e.g., performance royalties or sync back-end. more
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Legally binding agreement covering rights, term, territory, deliverables, advances, and recoupment. Always seek qualified legal advice. more
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Raising funds from fans for albums or tours via platforms like Kickstarter or Patreon in exchange for rewards. more
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A direct channel to fans that outlives platforms; use sign-ups, newsletters, and giveaways responsibly under GDPR. more
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MerchPhysical goods (shirts, vinyl, posters) sold to fans at shows and online. more
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Live deal where artist pay is a share of door receipts (tickets sold at the venue). more
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Submitting tracks to editorial or independent playlists with strong metadata, art, and description. more
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Encouraging fans to pre-add upcoming releases on streaming services to boost first-day algorithms. more
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A digital portfolio including bio, photos, music links, and contact info for promoters, labels, and media. more
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Payment to rights-holders for uses of a work/recording. Includes mechanical, performance, streaming, sync, and neighbour/neighboring rights. more
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Professional player hired to support a lead artist on stage or in studio. more
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Scheduling regular, authentic posts to maintain engagement; combine promotional and behind-the-scenes content. more
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Monitoring data from Spotify for Artists, YouTube Studio, etc., to refine marketing, setlists, and release timing. more
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Granting music use in film, TV, games, or ads for a fee and credit; often via libraries or direct pitch to supervisors. more
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Forecasting travel, accommodation, crew, and contingency costs; tracking per-show profit and break-even points. more
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