Learn to avoid the major music business and legal pitfalls that can break bands apart, such as financial mismanagement and contract disputes.
- [Voiceover] Welcome to Music Law: Managing a Band's Business. If your band is working hard to succeed and you're the person in the band managing the business, you will benefit from this course. I'll explain how to create a band partnership agreement, protect your band's name, secure rights to your band's songs, limit your band's liability, protect your rights in the recording studio, prepare a tour budget, and more.
Hopefully the principles and procedures explained here will reduce some of the hassle associated with managing your band and provide you with more time to spend on your most important priority, making music.
It starts with what it means to be the manager of a band, and what types of business structures are available for bands. Once you've decided on a business structure, you can create a band partnership agreement that covers voting rights, postbreakup scenarios, new members, and terms for resolving disputes. Richard also exposes potential sources of disputes, like ownership of the band name, songs, equipment, and recordings. He includes advice on negotiating solid band contracts and managing financial basics: taxes, income, cash flow, and bookkeeping. Finally, he'll address how to protect your work, including your copyrights, band name, and songs, and explains how to find a lawyer—and save money on attorney fees.
DISCLAIMER: This course is taught by an attorney (or other instructor) and addresses US law concepts that may not apply in all countries. Neither LinkedIn (including Lynda.com) nor the instructor represents you and they are not giving legal advice. The information conveyed through this course is akin to a college or law school course; it is not intended to give legal advice, but instead to communicate information to help viewers understand the basics of the topic presented. The views (and legal interpretations) presented in this course do not necessarily represent the views of LinkedIn or Lynda.com.
- Putting together a band partnership agreement
- Working out ownership disputes
- Limiting band liability
- Protecting your copyrights and band name
- Hiring a lawyer