Musicians are struggling to balance their passion for music with the need to be knowledgeable and vigilant about the financial rewards for their talents. Of the $15 billion in global recorded music revenue for sound recordings reported by the IFPI for 2014, only a small portion of the money beyond the initial recording advances ultimately makes its way to artists as ongoing revenue. Faster release cycles, proliferating online services, and creative licensing structures make finances and revenue even more complex to understand and manage. To strike the right balance, we must address a difficult question: Are the compensation structures fair?
A framing paper for the Rethink Music Business Models Workshop, April 26, 2013. Authored by the Global Entertainment and Music Business Program at Berklee College of Music's Valencia Campus.
Case Studies about Portugal. The Man and Esperanza Spalding from Berklee College of Music. Authored by President Roger H. Brown with assistance from Nick Susi.
Compiled and Presented by The Berkman Center for Internet & Society At Harvard University