Follow the Money.

Catalog description

This course is a detailed, monetary, mathematical analysis of the various revenue streams of the music industry. The course covers the income and expenses of artists, managers and music industry companies through lectures and mathematical financial problems and case studies. Special emphasis is given to the analysis and review of the financial complexities existing within live concert settlements, music publishing and record company contracts. Students are expected to calculate and "follow the money" from the revenue source through the various intermediaries and finally to the artistic creator. Prerequisites: MMGT 011 .