Music Business Final Exam Flashcards Preview

Music Business > Music Business Final Exam > Flashcards

Flashcards in Music Business Final Exam Deck (104)
Loading flashcards...
1

The name for the fee an artist is promised for a show, regardless of how many tickets are sold

Guarantee

2

The part of a gig contract that shows where on the stage the instruments should be placed

Stage Plot

3

The name for the budgetary bench mark specifying the agreed upon total cost of a show, above which an artist might receive additional payments if the show turns a profit

Split Point

4

The slang term for fees- a percentage of profits- an artist may receive if ticket sales revenues exceed a previously agreed upon budgetary benchmark

Back End

5

THe one who finds live performance employment for artists

Booking Agent

6

The one who selects and hires artists for live performances

Talent Buyer

7

The one who takes the financial risk on a concert

Promoter

8

The name for an announcement that an artist is accepting offers for a certain region and/or time frame

Avail

9

The term for the gig that pays so much it supports the rest of the tour

Anchor Date

10

The term for a gig used to fill an off day on a tour

Routing Date

11

The term for a gig that is not part of a tour

One-Off

12

If a gig in Seattle says that a gig by the same artist in Spokane is too close, it is invoking

Market Exclusivity

13

When the artist's representative says to the concert organizer, "That sounds workable - send it to me," they are looking for something in writing that is called what?

Offer

14

The name for the maximum amount of money that a show can generate. Give both the term and the formula used to calculate it

Gross Potential- Capacity x ticket price

15

The money paid upfront to confirm a show and hold the date on the artist's schedule

Deposit

16

The type of account where money paid prior to a who is held for safe keeping

Escrow account

17

After a show, hen expenses and revenues are sorted and final payments are made, it's called the

Settlement

18

When an artist pays a percentage of gross revenue to an agent or manager, it's called a

Commission

19

The term for the instruments and other gear - whether provided by the artist or the host of the show - that are required onstage for the performance

Backline

20

The part of a gig contract that specifies the types of gear required for a show and what is acceptable to the artist

Tech Rider

21

Sales of food, beverage and merchandise at a show are called

Concessions

22

The part of a gig contract that specifies what kind of food an artist wants or doesn't want

Hospitality Rider

23

The term for money paid to the artist for them to get their own food or perhaps use their own gear

Buy-out

24

The clause in a gig contract that is typically invoked to justify a cancellation

Force Majeure

25

When the artist's tour manager and the event organizer talk through all the details of the upcoming show, it's called a what?

Advance

26

Give the textbook definition of copyright

A limited-duration monopoly on the right to reproduce and distribute intellectual property

27

The type of copyright that protects the "master" is called

Sound Recording or S.R.

28

The Sound Recording copyright is typically controlled by whom

The record company

29

The type of copyright that controls the words and music of a song is called

Performing Artwork or P.A.

30

The Performing Artwork Copyright is typically controlled by whom

The composer or publisher