In the meantime, streaming began to take more shape in terms of marketing and how the industry has adjusted for it. I eventually made up my mind that I wanted to From Bob Dylan to Shakira, music catalogs are selling for big bucks, but songwriters increasingly struggle to get paid. He is known for work based on a vision he experienced, which has been interpreted as the Resurrection of the Dead. In her message, Swift said she'd hoped to make a deal with Braun, but that negotiations never even got started because his team wanted her to sign an NDA "stating I would never say another word about Scooter Braun unless it was positive. I had to make the excruciating choice to leave behind my past. English. Want to know what everyone in the music business is talking about. A subreddit for everything related to Taylor Swift Donald S. Passman (Lawyer) - Works | Archive of Our Own And in the age of the Internet, when everything is accessible, people will believe that someone actually stole their song whether they did or didnt. Over the years, Swift has amassed 10 Grammy wins and 35 nominations, with millions of album sales worldwide. As fans may recall, the30-year-old artist,who released six albums under label Big Machine Records before her contract expired, took toTumblrin July 2019topost a message of frustrationafter learning that the company had been sold, along with her master (original) recordings. BERAS: This is Don Passman. Statistics from music discovery app Shazam also factor in, which could explain why top talent is more willing than ever to license their music for television and film. According to Swift and her attorney Donald Passman, she was never given the opportunity to purchase her masters without signing a new deal with Big Machine, and under terms that she found to be . It literally took a year longer than normal to update the book. Upside: While COVID obviously sank touring income this year, Ive found that the rest of the business is pretty robust. In early 2018, Jay James was gearing up for the rollout of his new album,when all is said and done. In Swift's letter about the sale of Big Machine Records to Braun'sIthaca Holdings, she expressed her distaste for the buyer, calling out Braun for his "incessant, manipulative bullying. Royalties used to be a very complicated formula and now theyre straightforward. Variety is a part of Penske Media Corporation. You know, I dont think it impedes creativity because creative people are driven to create no matter what. July 2nd: Taylor Swift's lawyer Donald Passman has refuted Scott Music Business Insider Podcast: Don Passman on his legendary book 'All ", And although Swift was initially excited to work with the company that purchased her masters,Shamrock Holdings, things took a turn after she learned Braun would still be profiting from her music "for many years," which was a "non-starter" for Swift. 11/1/2019 by Glenn Peoples When it comes to the music business, Don Passman has seen it all and written the book on it. All Rights Reserved. Donald Pass (9 September 1930 - 3 December 2010) was a British painter whose art has been compared to that of William Blake by a reviewer in an Oxford newspaper, among others. In November 2018, Swift announced that she was leaving Big Machine, the label that signed her when she was 15, for Republic Records and Universal Music Group, which will release her seventh album, Lover, on 23 August. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. On Monday, Nov. 16,the Grammy winner updated her fans on her battleto obtain the mastersof her first six studio albums, amid reports that Scooter Braunsold the rights tothem for over $300 million. Added Passman, New artists will do it for free or next to nothing.. Controlling a woman who didn't want to be associated with them. Frank,Garcia,Paterno,Soriano, partners King, managing partner There were no national promoters in the beginning, and that has seriously changed the industry. Its very nature dictates that its hardly a page-turner, but Passmans style is engaging and his expertise near-unimpeachable. Belloni and Passman were introduced by Martha Henderson of City National Bank, the presenting sponsor of the seventh annual event. Breaking News | Taylor swift lawyer donald passman talks streaming Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. We have a wishlist of related initiatives that are in development. Additional clients include Linda Ronstadt, Alice in Chains, Van Morrison and Lauryn Hill. Theyre shared off the top. You give a little bit of time to foreign performances. As any music-business attorney will tell you, its not a job for the faint of heart especially in 2020. All Rights Reserved. For the first time in his music career, the young artist decided to invest some money into marketing and PR. YouTube, he explained, streams more music than all other sites combined and pays artists next to nothing. Taylor Swift confirms she can start re-recording her old songs in Don Passman Updates The 'Music Biz' John and the rest of our team have really been focused on issues of social justice, first with the Show Me Foundation and now through his initiatives in criminal justice reform, he says Its amazing to see the issue amplified. He reps the Keep Cool label, launched through RCA by Tunji Balogun; and LVRN, the Interscope label founded by Justice Baiden, Sean Famoso McNichol, Carlon Ramong, Junia Abaidoo and Tunde Balogun. INDUSTRY CHANGE HED LIKE TO SEE: Simplified contracts [that move] away from delivery of songs to a concept of a term songwriter agreement measured by recoupment of advances., Get weekly rundowns straight to your inbox, A daily briefing on what matters in the music industry. Others think its somewhat of a mood feel, which isnt copyrightable. Business and Law Office of Berkeley Reinhold King is the managing partner of the firm, which has been in the middle of some of musics biggest legal disputes in recent years, including Lil Waynes 2018 multimillion- dollar settlement with Cash Money, the warehouse fire class-action suit filed on behalf of artists against Universal Music Group and the December settlement on behalf of Tom Pettys daughters in a dispute with their stepmother. Language. Asked the top issue facing his practice, he responded: Can you enforce a 27-year-old non-disparagement clause from a 1992 agreement between Michael Jackson and HBO? Stay tuned. Due to 40 years of accomplishments, clout and clients which currently include Taylor Swift, Paul Simon, Adele and Stevie Wonder Passman has landed on Billboards Power 100 list the past two years. Oh, and by the way, Imsureyouve already picked out a personal manager, business manager, lawyer, agent, and PR team, right? His legal team labored mightily on Tencents $3.4 billion investment, which bolstered UMGs valuation. He literally wrote the book "All You Need To Know About The Music Business". mattthe eldest boy on Twitter: "Honestly the thing I'm gonna take Donald Passman has been a top attorney in the entertainment field for over three decades. All Rights Reserved. Its just comes with the territory. Sign up for THR news straight to your inbox every day. This cookie is set by GDPR Cookie Consent plugin. 2023 E! Some people are willing to bet on themselves and think theyll make more money in the long run by taking a bigger back end. Swift hasn't performed "Dear John" live in concert since 2012. MUSICS A-LIST ATTORNEY: Taylor Swift and Adele are just two of the superstar artists that Passman reps, although the full list of his clients (which he wont divulge) extends into every corner of the industry. And because of how things had changed, I had to completely restructure the book. What about advances given to artists and songwriters. You have to record in a country thats a party to the Rome Convention, like Canada, or if you sign to a UK label, that will help in some territories. He also noted that labels now demand some sort of fan following before signing new talent, and social media is a big part of that analysis. In her message, Swift shared that she'd been trying "for years" to obtain the rights to her music, including her first six studio albums,Taylor Swift(2006),Fearless(2009),Speak Now(2010),Red(2012),1989(2014) andreputation(2017). I decided to write a section on the copyright infringement cases. In a response to a proposal between Swifts management team and Passman named TS Proposal and dated Aug. 15, 2018, BMLG agreed that Upon execution [of a new contract], BMLG shall assign to TS all recordings (audio and/or visual), artwork, photographs and any other materials relating to TS which BMLG owns or controls. Big Machines offer included Swift signing a new 10-year contract with the label. YouTube, he explained, streams more music than all other sites combined and pays artists next to nothing. This cookie is set by GDPR Cookie Consent plugin. Have you noticed any increase in infringement lawsuits over the years?In general, were getting more copyright litigation but I wouldnt call it a massive avalanche. Doug Davis Principal The Davis Firm Having a hand in key career decisions for DJ Snake, who has the rare distinction of 3 billion streamed songs, was a big deal for Doug Davis (pictured). 2023 Billboard Media, LLC. BYSAM WEINBERG,MATT AIELLO OCT 15, 2019. 2023 Variety Media, LLC. And that Stevie is Stevie Wonder. But she expresses optimism the music industry will prevail, as it has before. "And when that man says 'Music has value', he means its value is beholden to men who had no part in creating it. For the first time in history, music is monetized by not selling something but listening and consumption. Now you get a percentage of what the record company gets. You know all that,right? I needed the extra time to get it as up-to-date as I could. Its usually two or three years between updates. On November 14, veteran music attorneyDonald Passmanwill receive the Cedars Sinai Board of Governors 2019 Visionary Award. The complexity of it, in some ways, its gotten simpler. But, after the song is released, you have zero leverage.. Inside Taylor Swift's Music Battle: What She's Fighting For and Why - E Taylor Swift's lawyer says she was never given opportunity to buy Now their purpose, he said, is to help mainstream artists break through the noise. Niche artists can forgo signing with a label, the lawyer added, and for everyone in between it becomes a jump ball.. John Shearer/Getty for TAS Rights Management Taylor Swift opening night of The Eras Tour. Its not hard to set up a system to collect them. On top of that, attorney Don Passman told Billboard that "Borchetta never gave Taylor Swift an opportunity to purchase her masters, or the label, outright with a check in the way he is now . Its not all upside, though. 2023 Billboard Media, LLC. This cookie is set by GDPR Cookie Consent plugin. Music lawyer Donald Passman, whose clients include Taylor Swift and Adele, spoke with THR editorial director Matthew Belloni at the seventh annual Power Business Managers breakfast. In a novel, youre trying to make people feel something. In the book you said the increase in independent labels has been good for the industry. So is his work with quarantine-perfect platform Verzuz, launched by long-time client Swizz Beatz with Timbaland. Billboard is a part of Penske Media Corporation. Kinsella Weitzman Iser Kump & Aldisert Music Experts Discuss Why the Internet Is Now Saving the Recording Get weekly rundowns straight to your inbox, A daily briefing on what matters in the music industry. Gang, Tyre, Ramer, Brown & Passman (The first edition was published in 1991. At Minneapolis' U.S. Bank Stadium during a stop on her blockbuster Eras Tour, Swift introduced "Dear John," her 2010 hit widely assumed to be a kiss-off of former boyfriend John Mayer, during the surprise songs set.. It does not store any personal data. Warner Musics general counsel since 2006, hes mindful of the staffing on his team and the legal firms WMG engages. General counsel, EVP of business & legal affairs "Hopefully, young artists or kids with musical dreams will read this and learn about how to better protect themselves in a negotiation," Swift warned. All Rights Reserved. Belloni asked how artists respond when they realize their new hit sounds like an existing song. I had to do the best I could for the moment. You dont need any of that any more (8:30) So now if youre doing good marketing and promo and positioning your artist well, you can make quite a bit of money. (Read the backstory here.) During The Hollywood Reporters seventh annual Power Business Managers breakfast, held at Cut in the Beverly Wilshire Hotel,editorial director Matthew Belloni and Passmancovered topics ranging from artists revenue sources to copyright concerns during a keynote Q&A. But in most circles the attorney is best known for his seminal tomeAll You Need to Know About the Music Business, a detailed handbook made palatable and engaging through anecdotes and humor, which will be rereleased for its 10th edition on Nov. 2. Oh, that never happens, joked Passman. Julie Swidler Yer momma and all your Facebook Friends tell you your signing is tops and nobody plunks a piano key or pens musical poetry like you? There have obviously been radical changes since the first edition of the book. Also discussed during the keynote: Britney Spears and Jennifer Lopez taking on mid-career residencies in Sin City. Swift's lawyer, Donald Passman, has now said that Swift was not given the opportunity to "purchase her masters, or the label, outright with a cheque in the way [Borchetta] is now apparently. Taylor Swift Wasn't Given Opportunity to Buy Former Label Outright: Lawyer Donald Passman refutes Big Machine label head Scott Borchettas claim that Swift had every chance to own her recordings. So the touring to supplement it is less significant around an album. And you know the difference between U.S. and foreign royalty configurations? Due to 40 years of accomplishments, clout and clients which currently include Taylor Swift, Paul Simon, Adele and Stevie Wonder Passman has landed on Billboard's Power 100 list the past two years. A daily briefing on what matters in the music industry. Its not all upside, though. Its Complicated, Kanye Wests Record Deal Is Standard. byJORDAN GATESfromIndie Gigging As the saying goes, knowledge is power! ", "Thankfully, I am now signed to a label that believes I should own anything I create," Swift, who announced her new musical home of Republic Records and Universal Music Group in Nov. 2018, went on to share. If you are a major artist and dont need the money, I like to go for a bigger back end and take less in the way of advance, and cover some risk in exchange to do well with success. This website uses cookies to improve your experience while you navigate through the website. Necessary cookies are absolutely essential for the website to function properly. EVP and general counsel Last September, Robinson and a handful of others from the company began collaborating with owner Access Industries on a proposed IPO, which launched in June after a COVID-19 delay. Taylor Swift's Attorney Don Passman Says Singer Never Had a Chance to The cookies is used to store the user consent for the cookies in the category "Necessary". Since the Blurred Lines decision five years ago, the number of baseless evocation infringement claim letters and lawsuits against new hit songs has risen precipitously, says Sedlmayr, who expresses hope that the recent appeals ruling on Stairway to Heaven will curb copyright claims that he describes as specious. For the first time in history, music is monetized by not selling something but listening and consumption. Analytical cookies are used to understand how visitors interact with the website. This site is protected by reCAPTCHA Enterprise and the Google, Visit Billboard Pro for music business news, Papa Roach on Growing As People & Starting a Record Label: Behind the Setlist Podcast, Msica regional mexicana: Un ao sin precedentes, en cifras. So with apologies to some of these authors for tardiness (there are a couple of late 2018 titles in here) and toLiz Phair,Hanif Abdurraqiband others whose books Ive heard are great but have not read yet here are The Best Music Books of 2019 That I Managed to Procure and Actually Finish Reading. Tours including Lollapalooza Todays move is a highly unusual one for Passman, who almost never comments on artists deals and declined to comment beyond the statement to Billboard. Veteran music business attorney Don Passman, who represents Taylor Swift, Paul Simon, Adele and Stevie Wonder, has released an updated edition of his seminal All You Need To Know About the Music Business. Passman is a partner at Gang Tyre Ramer Brown & Passman, and has also written . Kobe Bryant Makes the List. But for a successful artist, is streaming a net positive? $100 MILLION FOR TAYLOR SWIFT? So, what does this all mean? Veteran music business attorney Don Passman, who represents Taylor Swift, Paul Simon, Adele and Stevie Wonder, has released an updated edition of his seminal All You Need To Know About the Music Business. Oh yeah. Country. Kenny Meiselas My colleagues and I, as a kickoff, donated a days pay to various nonprofit organizations undertaking that fight and aiming toward advancement in communities of color, says Frank. Passman said someone like Paul McCartney doesnt need to have an online presence, but less-famous voices need to stand out by building a fan base. The Jackson estate figures into Weitzmans next big quest. For young artists, having a strong presence on social media has become make-or-break. I mean streaming its not making money an artist was making 15 years ago, but its substantial money, particularly if youre pop and hip hop, thats where most of the money is going in streaming. Executive vice president & general counsel Its 10thedition is now out. Swidler, whose global legal purview includes labels Columbia, Epic, RCA and Arista Records, says the pandemic has been an added challenge for her team, which has worked to ensure the health and safety of Sony Musics staff while continuing to protect artists works, especially reflected in the music industrys successful $1 billion lawsuit over an ISP that failed to meet its obligation to address piracy on its network. Swidler, in her 12th year as general counsel, also enabled new revenue through its strategic investment in podcasting; SME has closed several joint ventures in the podcasting sector. Billboard is a part of Penske Media Corporation. Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. That means forever. Balvin kept Garcia busy, negotiating deals for the reggaeton stars March release Colores. The firm is helping clients find other revenue channels to make up for touring income lost to the pandemic while working to eliminate systemic racism. But Im just giving you examples of things that exist today that didnt exist in the past. Howard Weitzman The deal gives her the rights to her master recordings. That Doesnt Mean the Record Industry Is Fair, Don Passman on the The Bob Lefsetz Podcast, Power of Law: Top Music Attorneys of 2020, How the Coronavirus Pandemic Has Reshaped Entertainment Law, The Best Music Books of 2019 (a Lot of Them, Anyway), Donald Passman Talks New Edition of All You Need to Know About the Music Business, and Whats Next, The Music Industry is Evolving Faster Than Ever, and So Are The Scammers, Music Lawyer Donald Passman Talks Streaming Business Challenges. Partner, Gang Tyre Ramer Brown & Passman An artist can make tens of millions of dollars from streaming. ), He calls writing his serious hobby, which he does on weeknights and weekends. These cookies track visitors across websites and collect information to provide customized ads. Why Taylor Swift Won't Sue Scooter Braun to Get Her Masters - The Sony Music Entertainment Sure! Power of Law: Top Music Attorneys of 2020 - Don Passman United Kingdom. Understanding how the Music Connection Vol. I want you to feel at home.. Sedlmayr & Associates Partner Don Passman Updates The 'Music Biz' | Billboard - Billboard Unclear is if Borchetta ever inferred that Swift could buy back her mastersor the label without signing a new deal and if the others mentioned in the statement is Braun or other artists. Partner, head of music Swifts representative could not be immediately reached. pic.twitter.com/sscKXp2ibD. Its been four years since the last update to your Music Business book. I think the small labels are doing quite well. But it can be really substantial. The others, its interesting in that its disconnected from the album to some degree, because albums are becoming less relevant even though theyre still the norm for a lot of artists. Passman estimates the book has sold a half-million copies in its various iterations over that time. Taylor Swifts attorney, Don Passman, has now stepped into the battle between the superstar singer, Big Machine Label Groups founder/CEO Scott Borchetta and Scooter Braun, whose Ithaca Holdings agreed topurchaseBMLG (including Swifts master recordings) June 30 for more than $300 million. 86 The premiere of the MUBUTV: Insider Podcast aired on Tuesday, Photo byAustin Distelon Unsplash January 8, 2023HCamrone95 ViewsAll You Need to Know About the Music Business,books on music business,how to music business,music business Top 5 music business books Introduction The music business is a fast-moving industry News| October 25, 2022 Bailey Zimmermans blossoming career is already breaking records, with his just-released first full-length album,Leave The Light On. It would cover you going on TV on a talk show. Grubman Shire Meiselas & Sacks COVID19 is a tectonic event that has completely frozen the global live-event business, Reinhold says. Bringing a million eyeballs to their weekly battles, its been a thrilling unwrapping of rights in real time. Davis is truly inspired by the global social and civil- rights movement that is Black Lives Matter and recently joined the Black Music Action Coalition. Congress Gives La SiriusXM to Shut Down Stitcher App in Revamp of Its Podcast Otis Kemps Debut Single Daily Bread Rises to No. New Billy Mann-Hosted Podcast Yeah, I Fked That Up Bows From Warner Music Groups Interval Presents:Exclusive, Garth Brooks Launches The Big 615 Country Radio Station With TuneIn: Were Going to Lean a Little More Traditional, Hows the Music Modernization Act Working? Heres why. Its pretty clear. As any music-business attorney will tell you, its not a job for the faint of heart especially in 2020. As a practical matter, nobody bothers you about a TV appearance. Kanye West Says He's Going to Help Taylor Swift Get Her - Complex Oh, that never happens, joked Passman.

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