Through seven editions and twenty years, All You Need to Know About the Music Industry has been the essential go-to reference for music business pros--musicians, songwriters, entertainment lawyers, agents, concert promoters, music publishers, record company execs, and music managers--as they try to navigate the rapid transformation of their industry. Now in its eighth edition--revised and updated with crucial information on the industry's major changes in response to rapid technological advances and economic uncertainty, this book is still the definitive, essential guide to the music industry. Author Donald Passman, one of the most influential figures in the business, has been in the thick of this transformation and understands that anyone involved in the music business is feeling the deep, far-reaching effects of it. Drawing on his unique professional experience as one of the most trusted advisors in the business, Passman offers authoritative information on assembling a winning team of advisors, negotiating deals, music publishing and copyrights, new digital streaming services, and much more. The new edition includes up-to-date information on the new business models, including music streaming services and cloud lockers; developments in new legislation and industry-wide deals concerning piracy and digital rights; new challenges in performing rights; and updated numbers and statistics for the traditional industry. This book, called 'the industry bible' by the Los Angeles Times, is a comprehensive guide to the legal and financial aspects of the music world--an indispensable tool that no one who makes their living from music can afford to be without. -- from publisher description.