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Sunday, May 5 • 1:45pm - 2:45pm
5% of What? Music Lawyers in the Age of Streaming

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The modern music lawyer wears many hats -- dot connector, A&R broker, deal negotiator, strategic advisor, and more. Playing a critical role in launching careers, many invest time and resources into developing artists long before they ever see a payout. In the traditional music business, the reward for this risk was a percentage commission (usually 5%) on eventual record and publishing deal advances. Conventional wisdom held that the bigger the advance, the higher chance of success, and that everyone's incentives were aligned.

But in a streaming economy where artists can build momentum independently and see financial return in real time, there are more paths to succeed, with various partners and many different types of deal structures. Today, the biggest check upfront isn’t always the best strategic move. So how do lawyers help artists navigate this new landscape while still making sure they’re rewarded for the risks they take? This panel features top managers and lawyers diving into the issue of incentives, deal structures, and how to stay savvy in the modern music business.

Sunday May 5, 2019 1:45pm - 2:45pm
Symphony C

Attendees (8)