Artist Insider 2.5: Tom Bogan – Past and Future | April 4, 2006
Insider: Tom Bogan
This is our final day with Tom, it is one of the best.
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Questions & Topics:
- More pointers
- Knowing what you know now, would you do it again?
- Any advice for people who dream of being a CFO?
- It’s not glamorous
- What are some books?
- What are you doing now?
Pointers:
- look into a publisher when you think your work is exploitable, they have connections you do not.
- try to get a co-publishing deal, but your first contract will probably be meager
- don’t sign too long; they do not want to renegotiate a contract
- build in some performance bonuses – upside rewards for success
- sign with someone who believes in you
Books:
- Music Publishing: A Songwriter’s Guide – best for publishing
- This Business of Music – Reference book
- All You Need to Know About the Music Business
- Music, Money, And Success
- Music Law Biz
Contact information for Tom Bogan & KMA Business Advisers
Tomorrow stats a new interview with Andrew Peterson, a singer & songwriter who has been with a label, independent & now a weird mix that might be a future trend.
Running time: 11 minutes 59 seconds
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Artist Insider 2.4: Tom Bogan – Negotiations & Pointers | April 3, 2006
Insider: Tom Bogan
Welcome back, Tom goes into ways to save money and things to think about when negotiating publishing contracts. There are a few great pointers.
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Discussion:
- Who does the CFO deal with?
- How long do negotiations go?
- What are five pointers for the budding songwriter?
We ran out of time today on Tom’s pointers, but we will pick back up with them tomorrow.
Running time: 10 minutes 27 seconds
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Artist Insider 2.3: Tom Bogan – Money & Songwriters | March 31, 2006
Insider: Tom Bogan
Day 3 is a little shorter then yesterday with a heavy focus on the flow of money and songwriters.
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Subjects:
- So, this is not as simple as people would think?
- Do other countries have multiple PROs?
- PRO = Performing Rights Organization, ASCAP, SESAC & BMI in the US.
- What is the difference between the three US PROs?
- How much does a singer songwriter make off a CD sale?
- Are there times a songwriter would get less?
- Some examples songwriters need to look out for when negotiating a deal.
That is all for this week, next week we continue on with a couple more days with Tom and then on to someone on the creative side.
Running time: 11 minutes 41 seconds
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Artist Insider 2.2: Tom Bogan – Foreign and Domestic | March 30, 2006
Insider: Tom Bogan
Day 2 with Tom Bogan and it gets deep. We pick up right where we left off yesterday talking about getting a publisher. There is a real emphasis on topics that songwriters need to know.
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Questions and Topics:
- When will someone exploit my work?
- Demos can be used to register a copyright
- Contract signed; then what does the accounting department do?
- Royalty rates are not always the same
- Exploited – in music industry = song has been sold and people get paid
- Is there a difference when a sale is in a foreign territory? How?
Tom did a great job detailing a lot of the aspects and the thing to remember is that if you are involved in creating music, even if you have a small deal, these aspects covered need to be agreed upon up front, or you have the potential of loosing money or going through a huge fight.
Running time: 11 minutes 49 seconds
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Artist Insider 2.1: Tom Bogan | March 29, 2006
Insider: Tom Bogan
A while back we sat down with Tom Bogan of KMA Business Advisers, former CFO of Brentwood Benson Music Publishing, a division of BMG.
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Questions and topics:
- How did you start in the music business?
- Consolidation is how the business goes?
- What does the accounting department do?
- What is an Advance?
- Where does the money go?
- Co-publishing the best deal?
- When to get a publisher?
Tomorrow we continue with Tom and gain a better understanding how all people make money off music.
Running time: 12 minutes 21 seconds
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