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“We’re Hands-On Learners”
   Music Industry Studies @ Pacific




     PacWest Band Fest – April 13, 2013
              Presented by Keith Hatschek,
         Jacuqeline Rocarmora & Ryan Valenzuela
                  University of the Pacific
Session Plan
Welcome!
Part 1 – the busine$$ of music
BrainQuest – Music Mogul Quiz Show
Music Management Study & Pac Ave
Records projects (Jacqueline/Ryan)
Final Exam
Q&A

           PacWest Presentation - 2013   2
Music Biz 101
Who earns more?                    Who earns more?
 Kelly Clarkson                     John Mayer
 Max Martin (co-writer              Michael Solomon,
  of Clarkson’s hit                   Brick Wall
  “My Life Would Suck                 Management
  w/out You”)                         (John’s manager)




                PacWest Presentation - 2013              3
Get the inside 411…
Top 10 artists generally earn less than:
 Hit songwriters
 Powerful artist managers

 Successful record producers

 Film composers

 Top record label executives

 Leading music publishers




               PacWest Presentation - 2013   4
Hatschek’s 50 to 1 Law
For every major artist you see on
YouTube, at a concert or on
late night TV…
You’ll find a support team of roughly 50
professionals helping them deliver their
“product” to their fans



             PacWest Presentation - 2013   5
Hands On Managers
Entertainment                    Online music retailer
attorney                         Sound/Lighting tech
Music publisher                  Public relations
Record producer                  Tour coordinator
Music video director             Concert promoter
Copyright                        Recording engineer
administrator


              PacWest Presentation - 2013            6
BrainQuest – aka
Who Wants to Be a Music Mogul?
We need 4 volunteers to participate as
a team
And one volunteer to be our score
keeper




            PacWest Presentation - 2013   7
BrainQuest 1
 Who owns a hit song?
 Is it the…
  Songwriters

  Record company
  Publisher

  Radio station

 Students say:

                 PacWest Presentation - 2013   8
Song Ownership - 1
Who owns a hit song?
 Songwriters generally own original, copyrighted
  musical compositions
 Record companies own the copyright in the sound
  recording
 Publishers exploit the song and generally earn
  50% of the songwriter’s income
 Radio stations pay a performance license to the
  song’s owners via performing rights societies such
  as ASCAP, SESAC and BMI

                PacWest Presentation - 2013        9
BrainQuest 2
Is it legal to burn your own mix CD
using other CDs you have purchased?
 True

 False

Students say:




            PacWest Presentation - 2013   10
Home Made Mix CDs – 2

 Is it legal to burn your own mix CD
 using other CDs you have bought?
  If you purchased a CD, then you have the
   right to copy it for your own personal use,
   called the “fair use” doctrine allowed in the
   Copyright laws of the U.S.
  If you grabbed it off a torrent or other
   unauthorized site, it ain’t legal…

               PacWest Presentation - 2013         11
BrainQuest 3

Who likely earns more money,
Carrie Underwood or her manager?
 Carrie

 Her   manager
Students say:



             PacWest Presentation - 2013   12
Earnings Power - 3
Who earned more money in 2012, Carrie
Underwood or her manager?
 Managers make 15-20% of the GROSS earnings
  of the artist
 Artist’s generally earn their cut of an album or
  concert's NET
Example: $1,000,000 GROSS from arena
concert
     Manager’s cut is $200,000 (20% of $1,000,000 gross)
     Underwood’s cut of the NET (earnings after all expenses
      are paid out) may be in the $50-100,000 range

                   PacWest Presentation - 2013              13
BrainQuest 4
Which artist won this year’s Grammy Award
for Best Album and is proud of its DIY, Indie
business approach which allows them total
artistic control and a bigger profit on each CD
or download?
 The Black Keys
 Mumford & Sons

 Arcade Fire

Students say:
               PacWest Presentation - 2013    14
Small Is Beautiful –
                  Indie Power 4
Mumford & Sons – Babel
 Before the rise of the Internet, bands relied on
  record companies to invest large sums of $ to help
  record and promote their albums, back tours and
  get airplay
 Today, more and more bands are deciding to keep
  more control of their business affairs and in so
  doing, are able to earn significantly higher profits
  from record sales, tours, merch. (T-shirts, hoodies,
  stickers, etc.)
 Indie is IN! (We study Mumford’s label, Glassnote Records, as
    part of our Indie Label class)

                       PacWest Presentation - 2013           15
Music Management
         Studies
UOP Music Management Studies degrees combine:
   4 years of music studies (including performance, theory and
    ensembles)
   Intensive business curriculum
   Micro-tracks in DIY label ops, recording technology,
    performing arts administration and music products
   Internship opportunities in LA, NY, Nashville and San
    Francisco at leading companies
Alumni of program have had high success rate in a
very competitive industry!


                    PacWest Presentation - 2013               16
Other Study Areas
Concert Production
Performing Arts Administration
Music Supervision & Licensing
Artist Management
Live Sound Fundamentals
Music Industry Research



              PacWest Presentation - 2013   17
Internships – Concert Production




                   Clockwise
                   from left:
                   Pavement
                   @ the Bob,
                   Carrie U.,
                   Aventura,
                   Stockton
                   Arena




            PacWest Presentation - 2013   18
Summer ‘13
Music Biz Camp




   PacWest Presentation - 2013   19
Indie Label Class

         On sale at concert
          and on iTunes,
          Amazon, etc.




    PacWest Presentation - 2013   20
Final Exam – True or
False
 Managers usually earn more than band
 members.
 When you hear a song on the radio, the radio
 station exclusively owns that song.
 Less than ½ of 1% of major label albums
 break even.
 Copying songs from a torrent site is legal.
 There is no guarantee that a band signed with
 a major record label will earn more profit than
 a band on an Indie label.
                PacWest Presentation - 2013   21
Final Grade
You passed with flying colors!




            PacWest Presentation - 2013   22
Resources
pacific.edu/conservatory
Billboard magazine – the bible of the music
biz www.billboard.com and www.billboard.biz
Spin, Rolling Stone, Pitchfork Media, MOG
Music Blogs, Echoes-Insight for Indie Artists
blogs, Music Connection for ideas on new
bands, jobs, industry trends and to get the
dish



              PacWest Presentation - 2013   23
Q & A session
Contact info
Keith Hatschek, University of the Pacific
Khatschek@pacific.edu
www.pacific.edu/conservatory/mmgt
How To Get a Job in the Music and
Recording Industry, available online at Amazon.com




                 PacWest Presentation - 2013         24

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Hatschek Pac West slides

  • 1. “We’re Hands-On Learners” Music Industry Studies @ Pacific PacWest Band Fest – April 13, 2013 Presented by Keith Hatschek, Jacuqeline Rocarmora & Ryan Valenzuela University of the Pacific
  • 2. Session Plan Welcome! Part 1 – the busine$$ of music BrainQuest – Music Mogul Quiz Show Music Management Study & Pac Ave Records projects (Jacqueline/Ryan) Final Exam Q&A PacWest Presentation - 2013 2
  • 3. Music Biz 101 Who earns more? Who earns more?  Kelly Clarkson  John Mayer  Max Martin (co-writer  Michael Solomon, of Clarkson’s hit Brick Wall “My Life Would Suck Management w/out You”) (John’s manager) PacWest Presentation - 2013 3
  • 4. Get the inside 411… Top 10 artists generally earn less than:  Hit songwriters  Powerful artist managers  Successful record producers  Film composers  Top record label executives  Leading music publishers PacWest Presentation - 2013 4
  • 5. Hatschek’s 50 to 1 Law For every major artist you see on YouTube, at a concert or on late night TV… You’ll find a support team of roughly 50 professionals helping them deliver their “product” to their fans PacWest Presentation - 2013 5
  • 6. Hands On Managers Entertainment Online music retailer attorney Sound/Lighting tech Music publisher Public relations Record producer Tour coordinator Music video director Concert promoter Copyright Recording engineer administrator PacWest Presentation - 2013 6
  • 7. BrainQuest – aka Who Wants to Be a Music Mogul? We need 4 volunteers to participate as a team And one volunteer to be our score keeper PacWest Presentation - 2013 7
  • 8. BrainQuest 1 Who owns a hit song? Is it the…  Songwriters  Record company  Publisher  Radio station Students say: PacWest Presentation - 2013 8
  • 9. Song Ownership - 1 Who owns a hit song?  Songwriters generally own original, copyrighted musical compositions  Record companies own the copyright in the sound recording  Publishers exploit the song and generally earn 50% of the songwriter’s income  Radio stations pay a performance license to the song’s owners via performing rights societies such as ASCAP, SESAC and BMI PacWest Presentation - 2013 9
  • 10. BrainQuest 2 Is it legal to burn your own mix CD using other CDs you have purchased?  True  False Students say: PacWest Presentation - 2013 10
  • 11. Home Made Mix CDs – 2 Is it legal to burn your own mix CD using other CDs you have bought?  If you purchased a CD, then you have the right to copy it for your own personal use, called the “fair use” doctrine allowed in the Copyright laws of the U.S.  If you grabbed it off a torrent or other unauthorized site, it ain’t legal… PacWest Presentation - 2013 11
  • 12. BrainQuest 3 Who likely earns more money, Carrie Underwood or her manager?  Carrie  Her manager Students say: PacWest Presentation - 2013 12
  • 13. Earnings Power - 3 Who earned more money in 2012, Carrie Underwood or her manager?  Managers make 15-20% of the GROSS earnings of the artist  Artist’s generally earn their cut of an album or concert's NET Example: $1,000,000 GROSS from arena concert  Manager’s cut is $200,000 (20% of $1,000,000 gross)  Underwood’s cut of the NET (earnings after all expenses are paid out) may be in the $50-100,000 range PacWest Presentation - 2013 13
  • 14. BrainQuest 4 Which artist won this year’s Grammy Award for Best Album and is proud of its DIY, Indie business approach which allows them total artistic control and a bigger profit on each CD or download?  The Black Keys  Mumford & Sons  Arcade Fire Students say: PacWest Presentation - 2013 14
  • 15. Small Is Beautiful – Indie Power 4 Mumford & Sons – Babel  Before the rise of the Internet, bands relied on record companies to invest large sums of $ to help record and promote their albums, back tours and get airplay  Today, more and more bands are deciding to keep more control of their business affairs and in so doing, are able to earn significantly higher profits from record sales, tours, merch. (T-shirts, hoodies, stickers, etc.)  Indie is IN! (We study Mumford’s label, Glassnote Records, as part of our Indie Label class) PacWest Presentation - 2013 15
  • 16. Music Management Studies UOP Music Management Studies degrees combine:  4 years of music studies (including performance, theory and ensembles)  Intensive business curriculum  Micro-tracks in DIY label ops, recording technology, performing arts administration and music products  Internship opportunities in LA, NY, Nashville and San Francisco at leading companies Alumni of program have had high success rate in a very competitive industry! PacWest Presentation - 2013 16
  • 17. Other Study Areas Concert Production Performing Arts Administration Music Supervision & Licensing Artist Management Live Sound Fundamentals Music Industry Research PacWest Presentation - 2013 17
  • 18. Internships – Concert Production Clockwise from left: Pavement @ the Bob, Carrie U., Aventura, Stockton Arena PacWest Presentation - 2013 18
  • 19. Summer ‘13 Music Biz Camp PacWest Presentation - 2013 19
  • 20. Indie Label Class On sale at concert and on iTunes, Amazon, etc. PacWest Presentation - 2013 20
  • 21. Final Exam – True or False Managers usually earn more than band members. When you hear a song on the radio, the radio station exclusively owns that song. Less than ½ of 1% of major label albums break even. Copying songs from a torrent site is legal. There is no guarantee that a band signed with a major record label will earn more profit than a band on an Indie label. PacWest Presentation - 2013 21
  • 22. Final Grade You passed with flying colors! PacWest Presentation - 2013 22
  • 23. Resources pacific.edu/conservatory Billboard magazine – the bible of the music biz www.billboard.com and www.billboard.biz Spin, Rolling Stone, Pitchfork Media, MOG Music Blogs, Echoes-Insight for Indie Artists blogs, Music Connection for ideas on new bands, jobs, industry trends and to get the dish PacWest Presentation - 2013 23
  • 24. Q & A session Contact info Keith Hatschek, University of the Pacific Khatschek@pacific.edu www.pacific.edu/conservatory/mmgt How To Get a Job in the Music and Recording Industry, available online at Amazon.com PacWest Presentation - 2013 24