This podcast discusses the importance of ownership in the music industry and how it contributes to the success of companies. The conversation around ownership can often be unclear, but it is crucial in any business, including the music industry.
The three members of a band discuss how having a manager helps them navigate the complex and crazy music industry, allowing them to solely focus on writing good songs.
Kanye West reflects on his experience being the face of a record label, dealing with complaints from artists, and examines what would have happened if he was sponsored by Nike.
Two rappers are overheard discussing their struggles making money and advising each other on maintaining relationships while on tour.
A former assistant of One Direction’s former manager reveals how he scammed the band for millions by making himself the sixth member and taking a cut of everything, leading to him tripling his commission.
The speaker shares creative ideas on how to turn a music company into a multi-million dollar business, such as buying artists drinks and impacting the creative process in a fun way, and focusing on creating viral videos that will grab the attention of millions of people.
The journey to success in the music industry is not an easy one, as shared by a musician who had to share a bus with 12 people including his wife and struggled for 37 weeks before getting a number one single after years of no new artist achieving that feat.
The trend of modern bands recording Christmas songs is a result of the financial benefit that comes with owning the rights to a popular Christmas song, as it is a guaranteed source of income every year.
The speaker recognizes the importance of good communication in the music industry, as it helps in building up a relationship among individuals. They suggest that those starting out in the industry should hire someone to manage their work, if they do not have a proper team for support.
The speaker shares how they had multiple chances to pursue their music career, but due to the risky nature of the industry and family circumstances, they missed out on valuable opportunities.
In this excerpt, the speaker discusses the significance of good customer service in the music industry. They emphasize that the way customers are treated can impact the execution of their orders and explains that there are various things that people can do for you if they feel inclined to help.