Exam 4

Question 1

AF of M (AFM)

Answer 1

union that represents studio musicians

Question 2

AFTRA (SAG-AFTRA)

Answer 2

represents studio singers``

Question 3

AFM basic session master scale for side and leader musicians

Answer 3

$431.21- side
plus 12.75%

leader is doubled

Question 4

AFTRA master scale pay for session singers (soloists and duos)

Answer 4

$236.25 per hour or song per singer + 12.75% for health
and pension
• $799.11 per singer for 3-hour call or 3 songs

Question 5

reason group members are signed to a label individually and corporatley

Answer 5

means that breach of contract by one is breach of contract by all. and if someone leaves the group they are still under contract

Question 6

how unrecouped expenses for a group and leaving member are split

Answer 6

Most companies (when you ask) will agree to pro-rate the deficits and
recoup the costs of the solo artist’s album from their royalties.

Question 7

label contract terms for leaving member

Answer 7

Most labels agree not to charge future group

charges against the solo artist, and vice versa

Question 8

most common corporate agreement for groups

Answer 8

Limited Liability Company – basically a partnership with the

limited liability of a corporation

Question 9

advantages of an LLC

Answer 9

They are less expensive to set up and run than
corporations but provide the tax benefits and protections
of a corporation.

Question 10

conflict of interest as it applies to groups and their attorney

Answer 10

the attorney who represented the band in their
partnership agreement can’t represent one of the members
against the others, the attorney can advise the members of the
issues and the conflict of interest and let the members
decide on an agreement on their own, requires signing a waiver

Question 11

how rights to groups name are obtained

Answer 11

use it

Question 12

how rights to a groups name are protected

Answer 12

a service mark

Question 13

team member in overall charge of an artists tour

Answer 13

personal manager

Question 14

a deposit

Answer 14

a type of insurance policy where the promoter must pay agent

Question 15

artists team member who collects and hold deposits for tour dates

Answer 15

agents

Question 16

typical amount of live date deposit

Answer 16

50%

Question 17

team member responsible for smooth operation on the road

Answer 17

tour manager

Question 18

four responsibilities of the promoter

Answer 18

• Promoters book the hall
• pay the rent
• pay for advertising
• supervise the running of the show.

Question 19

percentage of concert tickets over the internet

Answer 19

80%

Question 20

second-hand ticket sellers and how they make mony

Answer 20

ASK`

Question 21

hall fee and how it is negotiated

Answer 21

the amount charged by the building or venue for the sale of merch, It’s a percentage of the gross sales and can be negotiated
down with clout

Question 22

a rider

Answer 22

an artist’s addendum to the appearance contract

Question 23

what is typically on a rider

Answer 23

• expenses
• tickets
• billing
• recording
• merch
• interviews/promo
• catering

Question 24

tech rider

Answer 24

equipment needed by crew

Question 25

merchandising

Answer 25

selling products with an artist’s | name or likeness on it

Question 26

How sales success of tour merchandise is measured

Answer 26

calculating per-head sales

Question 27

Tour merchandise royalties/advances and their conditions

Answer 27

(not recommended) can get advance but it must be paid back. based on projection of gross sales times the royalty rate

Question 28

bootleggers

Answer 28

those who manufacture and sell unauthorized | merchandise with an artist’s name and likeness on it.

Question 29

typical characteristics of t-shirts sold at concerts

Answer 29

album cover, tour dates

Question 30

retail merchandising

Answer 30

merch without dates later sold online or in store

Question 31

merchandising and sub-licensing

Answer 31

made with companies to get into big retail stores

Question 32

creative control for merchandise

Answer 32

Artist should have the right to approve design, | artwork, photos, layout of any merchandise

Question 33

film production person in charge of placing music in films

Answer 33

music supervisor

Question 34

rights required for a song to be used in a film

Answer 34

1. license to master | 2. sync licnese

Question 35

label/artist profit split for use of master recording in film

Answer 35

50/50

Question 36

entrepreneurship in the music industry

Answer 36

Entrepreneurship typifies the business psychology of the music industry

Question 37

payola

Answer 37

the practice of bribing someone to use their influence or position to promote a particular product or interest.

Question 38

how opening acts typically obtain slots on major tours

Answer 38

pay their way

Question 39

free concert attendees and how they relate to merchandise sales

Answer 39

ASK

Question 40

five potential entrepreneurial careers in the music industry

Answer 40

``` songwriters record producers artists publicists engineers managers ```

Question 41

initial conditions of a groups recording contract (as they relate to expenses)

Answer 41

everyone signs separate and a corporation

Question 42

business managers' responsibilities as they relate to touring

Answer 42

- financial aspects - forecast profit/losses - make sure everyone gets paid - should sound alarm when expenses exceed budget

Question 43

issues to address in an internal group agreement

Answer 43

who owns what

Question 44

amount AFM session leaders make in relation to other players

Answer 44

Leader: Double scale plus h&w plus 12.81% pension SIDE?

Question 45

load in; load out. count in;count out.

Answer 45

load is for crew count is for merch