All You Need to Know About the Music Business: 11th Edition

Universally regarded as the "industry bible" by the Los Angeles Times, Donald Passman's All You Need to Know About the Music Business has served as the definitive guide for anyone navigating the complexities of this ever-evolving world for over thirty years and through ten editions, selling over half a million copies. Now, in its eleventh edition, this essential resource has been thoroughly updated to reflect the most profound changes the music business has witnessed since the era of wax cylinders and piano rolls: the rise of streaming.

Veteran music lawyer Passman expertly leads both novices and seasoned professionals through this new landscape, explaining the fundamental shift from monetising physical sales to generating revenue based on the number of times a listener streams a song. Crucially, this updated edition also highlights the unprecedented power now held by musicians, who can, for the first time, directly reach their audience through streaming platforms, particularly the influential TikTok, bypassing the traditional record company gatekeepers and fostering a new democracy within the industry.

Passman provides timely and crucial information on the latest trends, including the mega-million-pound sales of artists' song and record catalogues, the burgeoning influence of music within Web3 and the Metaverse, and the increasingly significant role of music created by Artificial Intelligence. He also offers a comprehensive update on the latest figures and established practices within the industry.

For anyone currently working in the music business – be they musicians, songwriters, lawyers, agents, promoters, publishers, executives, or managers – or for those aspiring to break into this dynamic field, Passman's comprehensive guide remains an indispensable tool. All You Need to Know About the Music Business continues to live up to its reputation as the go-to resource, offering clarity and expert guidance in a rapidly transforming industry.