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Key Stakeholders

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Key Stakeholders
U1 Assignement

Where music industry begins, the expetation of those who are creating music also begins.
Artist created music for pleasure, but is now a monetized industry, made up of risks and investment.

1.1 Key stakeholders and structure of music The music industry is formed by many different stakeholders , all useful and necessary to run this.
The music must surely be first of all created and then later become known.

To succeed in this there are some key roles in the music industry

Most important and essential roles are :

ARTIST AND COMPOSERS : can be classified by their roles in performing music and writing music, a person who makes music a profession.

RECORDING COMPANIES : record labels are companies that manufacture and distribute recorded music and promote that music.
There are two kinds of record labels independent (indie labels) and major labels.
EMI Music is one of the world’s leading music companies, home to some of the most succesful and best known recording artists.
.
MANAGEMANT : music manager acts as a business advisor, organizer , a vital part or your music career and can make the difference between success and failure.
He help you deal with your record label A&R and make sure that you and your label are working together to insure that your successful and your music is well produced and marketed to your particular audience

PROMOTION : The main function of the promotion department within a record label is ensuring radio play for a musician's songs. The promotion division is vital in making sure the recording artist is marketed to as many radio and TV stations as possible.

PUBLISHING : Songwriters contract with music publishing companies to exploit their songs, with both parties sharing the income generated from the songs. Before the introduction of musical recordings, songwriters and publishers earned their income primarily from the sale of sheet music. In the

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