yove also got to know your stuff!

learn everything, read articles online, read journals

a few important points :

the first thing you have to know is what the music industry' is.

its industry that makes money from the root of a creative process (sources of income include, but are not limited to - exploiting intellectual property ownership, selling of sound recordings, selling of merchandise, sheet music, royalties for radio/ TV play)

the music industry is, simply put, the realisation, production ownership and exploitation of intellectual property.

you also have to understand the various types of companies within the music industry, or you'll get no where.

Record company record companies sign artists and then finance them to make sound recordings of intellectual properties they have written. The record company then seeks to exsanguinate these recordings by duplicating and manufacturing delivery mechanisms (cd's, downloads, vinyl, etc ) and distributing them to retail for the general public.

Major record company a major record label is defined by the fact that has all departments required in the process of releasing records. It has one in particular that defines it as a major it has its own distribution! The other requirement of a major is that it can release records internationally.

Current major labels are:

Universal Music Group (France based) 31.71%
Sony BMG Music Entertainment (Japan/Germany based) 25.61% (13.83% Sony, 11.78% BMG)
Warner Music Group (USA based) 15%
EMI Group (UK based) 9.55%

The EU's Court of First Instance has overturned 2004's Sony/BMG merger in July 2006 .The deal was approved on July 18, 2004 after Commission regulators decided that the new company would not pose any antitrust problems. That decision was challenged in December 2004 by impala, an association of independent music labels.

They argued that the merger possed obvious threats to competition, since it would now put the majority of the world's music sales into the hands of two companies (Sony BMG and Universal). The Court of First Instance sided with Impala, telling the Commission that its initial decision had not lived up to the "requisite legal standard" and that its analysis of market conditions was flawed.

The decision means that Sony BMG will have to apply to the Commission once more for approval (even though the companies have already merged). If the Commission now decides against the

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