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Music Business II Terms
Terms
145
Music
Undergraduate 4
01/27/2012

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Term
CEO
Definition
Chief Executive Officer or president, often the strong entrepreneur who started the label and had the vision it reflects
Term
major label
Definition
record distribution companies owned by larger multi-national corporations that control the production, distribution, and marketing of records
Term
independent label
Definition
conservative (fiscally/corporate structure) record companies that tend to be closer to the consumer and in touch with current trends; ex. A&M Octone
Term
specialty label
Definition
a kind of independent label, often classical
Term
A&R
Definition
artist and repertoire; main concern is finding and signing new talent
Term
artist relations
Definition
deals with the artist in relation to the public
Term
creative services
Definition
under the marketing department in a record label, responsible for designing and producing any materials necessary to execute a marketing campaign (includes posters, album artwork, etc.)
Term
NARAS
Definition
National Academy Recording Arts and Sciences, the organization behind the Grammys; membership is limited to active people in the industry, associate membership is available to those indirectly involved
Term
piracy
Definition
the SALE of the unauthorized duplication of prerecorded product (therefore, copyrighted product)
Term
counterfeiting
Definition
UNAUTHORIZED MANUFACTURE and distribution of copies of prerecorded product that are packaged to look like the original product
Term
bootlegging
Definition
the sale of product CREATED from the unauthorized recording of live or broadcast performances (spontaneous decision rather than a planned decision)
Term
NARM
Definition
National Association of Recording Merchants
Term
cut-outs
Definition
the remaining inventory of recorded material once demand drops and the manufacturer ceases production
Term
sub-label
Definition
imprint of another (more major) label; importance for collectors
Term
vanity label
Definition
bear an imprint that gives the impression of artist ownership or control, in reality they only have more say in the packaging
Term
turn-table hit
Definition
a recording that gets good airplay but people don't walk into stores to buy it
Term
payola
Definition
money or other compensation illicitly given to DJs in return for playing particular recordings
- Alan Freed was prosecuted for accepting bribery/practicing payola
Term
MAP
Definition
minimum advertised pricing; has been used by labels to protect smaller retailers from a rapid erosion in market shares
Term
playlist adds
Definition
an addition of a new recording to a radio station playlist, or a new entry to a best seller chart
Term
cleans
Definition
when a CD is clear or clean of any markings they would have if they were for promotional use only; because promos are altered or labeled differently because they are not for public sale (a copy for purchase)
Term
POP
Definition
point of purchase; POP items at the register might that include posters, banners, stand-ups , etc.
Term
repackaging
Definition
rereleases, ex. compilation records
Term
SKU
Definition
stock keeping unit; an important inventory term as there are thousands of unique products
Term
co-op
Definition
record labels can offer co-op advertising, or pre-released exclusivity to selected retailers
Term
endcaps
Definition
racks at the ends or aisles or prominent locations in a store where a SKU will be on display as sale price, sometimes involving a theme
Term
rackjobber
Definition
an independent merchant who pays a rental fee/commission to maintain and sell inventory within a retail store (often assembles POP items)
Term
pull-through
Definition
advertising or promotion that induces the customers to buy
Term
push-through
Definition
advertising that induces retailers or distributers to order merchandise to put on sale
Term
swag
Definition
promotional items given away
Term
MPEG
Definition
the software based protocol that enabled recordings to be compressed into files easily transferrable over the internet
Term
P2P
Definition
peer to peer; direct sharing of information from person (computer) to person (computer)
Term
Digital Millenium Copyright Act (1998)
Definition
noted for establishing a mechanism for securing copyrighted music online
Term
Athens Agreement
Definition
(1989) specified that consumer digital audio technology (DAT) machines being manufactured with serial copy management system (SCMS) a technology that denies more than one digital copy of any recording
Term
Pro Tools
Definition
software-based professional audio platform or program; originally manufactured by Digidesign
Term
iTunes
Definition
Apple computer's entrance in 2002 to the digital music arena with iTunes, the online music store
Term
DRM
Definition
Digital Rights Management; part of the RIAA and their attempt to stop the flow of illegally downloaded music
Term
ISP
Definition
Internet Service Provider
Term
social networking
Definition
perhaps the most significant digital phenomenon of recent years, music is often an important part of this social interaction
Term
collaborative filtering
Definition
steering consumers toward more music they might enjoy based on what they already know they like
Term
after markets
Definition
secondary markets of performance, for example, home videos, theatrical showings, exhibitions, etc.
Term
after markets
Definition
secondary markets of performance, for example, home videos, theatrical showings, exhibitions, etc.
Term
after markets
Definition
secondary markets of performance, for example, home videos, theatrical showings, exhibitions, etc.
Term
pay-per-view
Definition
a variation on traditional cable (paid TV); PPV delivers a specific program to cable subscribers for a separate fee
Term
DBS
Definition
Direct Broadcast Satellite
Term
story board
Definition
a visual representation measuring perhaps 24x36" that shows rough drawings of a sequence of events scheduled to occur on screen
Term
video commissioner
Definition
the person in charge of overseeing video assignments for a record label
Term
interactive programming
Definition
a two-screen experience where viewers use PCs with interactive access to do, for example, quizzes, voting contests, etc.
Term
DVR
Definition
Digital Video Recorder
Term
treatment
Definition
a 1-3 page script of a director's vision for the video they will direct
Term
library service
Definition
whole catalogs of prerecorded music; you can purchase entire catalogs or parts (needle drops)
Term
neo-romantic
Definition
the "Hollywood Sound"; the term for string orchestral players who understand jazz phrasing and the style of beautiful tone, romantic expressiveness, perfect intonation, and entirely relaxed playing that is found in Hollywood's older films
Term
stinger
Definition
a sforzando chord, a suddenly loud, unexpected chord
Term
click track
Definition
the "click" is a steady beat that may be sped up/slowed down depending on a film's needs enabling a composer to sync music to film with mathematical precision
Term
frame click tempo
Definition
the formula of dividing the frames per second in a film by the metronome tempo for synchronization
Term
underscore
Definition
to place recorded music behind a movie or TV program
Term
SMPTE
Definition
Society Motion Picture and Television Engineers
Term
sound synchronization
Definition
matching sounds, songs, and actions to a rhythmic beat or timed sequence with filmed actions
Term
temp tracks
Definition
temporary tracks; a mock-up of the music or score to come
Term
scoring sound stage
Definition
a large cavernous facility where feature film music is usually recorded
Term
dubbing
Definition
to add new recorded material to the original medium
Term
music editor
Definition
aka cutter; the person who assembles a temporary music score during the filming process
Term
spotting
Definition
identifying the turning points in film; for example, the mood changes and where or where not to put music
Term
clam
Definition
a wrong note in the copied parts/or a note played incorrectly
Term
first-call musician
Definition
the first choice musician to be engaged in a project by an orchestra contractor because of their reliability and skill
Term
package deal
Definition
to engage the hiring of all those involved in scoring (composer, musicians, conductor, etc.)
Term
media buyer
Definition
person who works for an agency and purchases time
Term
creative fee
Definition
a one-time/one-piece of material fee sometimes charged by a composer for the creation of a commercial spot
Term
testimonials
Definition
selling a product from first-hand knowledge
Term
needle drop
Definition
a brief recorded passage (orchestral or sound effects) drawn from a transcription library that a producer uses for a dramatic program or broadcast commercial
Term
*above the line (budget item)
Definition
creative fees, such as price of talent or composer
Term
*below the line (budget item)
Definition
other expenses, non-talent, ex. studio rentals, scale payments to union artists (back-up musicians), etc.
Term
*front/bridge/tag
Definition
in a 60 second spot/ad, the parts of a commercial; the front establishes a tone for the commercial, the bridge is the middle part where the tone is less full in orchestration, the tag returns the music to full sound
Term
commercial bed
Definition
used by ad agencies and broadcasters to describe the music background for commercial advertisements
Term
hook
Definition
in advertising, campaign slogan or concept
Term
lift (music)
Definition
similar to needle drop; usually a 10 second snippet from a 60 second spot that were initially scored in anticipation of a short section being lifted from the full length commercial
Term
spot
Definition
aka broadcast commercial/ad
Term
clutter
Definition
the crowding together by broadcasters of many short spots, like 7-10 seconds, during a commercial break
Term
canned track
Definition
prerecorded segment of music that hasn't been written for the particular work for which it may be used
Term
pod
Definition
a string of spots
Term
overdubbing (same as dubbing)
Definition
added sounds to previously recorded tape
Term
book (in theatre)
Definition
the script, whether musical or non-musical
Term
off-broadway
Definition
low-budget, often experimental, yet professional theatre produced in NYC venues, but outside of the Time Square theatre district
Term
proscenium stage
Definition
the traditional stage opening resembling a picture frame, with the stage often projecting slightly out of the arch opening
Term
theatrical property
Definition
a novel or dramatic play that's the basis for a musical
Term
royalty pool
Definition
the pool is a complicated method of figuring that assigns a certain number of percentage points to each individual involved in a theatrical production, with a minimum guarantee per point plus an allotment of the profits
Term
LORT
Definition
League of Resident Theaters
Term
approved production contract
Definition
the document that contains the standards and procedures for the Dramatists' Guild of America
Term
subsidiary rights
Definition
once a musical has finished its first run, the other opportunities to exploit the production may be found in movie rights, stock, amateur rights, touring, etc.
Term
business music
Definition
wired music/environmental music
Term
foreground/background music
Definition
foreground: designed to stimulate the work environment and increase productivity/background: intended to go unnoticed
Term
extra musical service
Definition
what business music provides by staying on the edge of consciousness
Term
production blanket
Definition
pertaining to production libraries, allows for the unlimited use of music in one production for a capped/flat fee
Term
production music library
Definition
companies that offer music and sound effects that are original rather than covers/recreations of already existing songs in music
Term
music therapy
Definition
the prescribed use of music by a qualified person to effect positive changes in the psychological, cognitive, or social functioning of individuals with health or educational problems
Term
audio programmer (T/F)
Definition
aka video game scorer, who is someone who creates music as background for video games
Term
entrepreneur
Definition
a business-minded person who starts their business to go it alone
Term
paraprofessional
Definition
a person who works in a particular professional career, for example teaching, law, medicine, etc., but does not have all the necessary degrees for full certification
Term
D.M.A.
Definition
Doctor of Musical Arts
Term
PhD
Definition
Doctor of Philosophy
Term
EdD
Definition
Doctor of Education
Term
terminal degree
Definition
the highest degree necessary or recommended for a particular career
Term
music copyist
Definition
a person who works at transcribing music into written form including creating instrumental parts from complex musical compositions
Term
air checks (for DJ employment)
Definition
a recording of an actual broadcast by a DJ with most of the music edited out with only a few seconds of voice to enable the auditor to hear how a performer/DJ gets in and out of the music; should be accompanied with resume (like a demo)
Term
clips file (music critic or journalist)
Definition
a composite of a writer's work to enable a perspective employer to evaluate a person's writing style and abilities
Term
comp style
Definition
an improvised piano accompaniment often characterized by syncopated blocked chords
Term
SBA
Definition
small business administration; gov't program that helps entrepreneurs start a business
Term
sole proprietorship
Definition
a form of business where the sole owner is personally responsible for any financial losses
Term
partnership
Definition
an association of two or more persons in a voluntary legal agreement; a limited partnership has restricted liability and a joint venture is good for short-term business enterprises
Term
partnership
Definition
an association of two or more persons in a voluntary legal agreement; a limited partnership has restricted liability and a joint venture is good for short-term business enterprises
Term
corporation
Definition
an entity; management has more money to work with and there is a diversity of talents
Term
Gantt Chart
Definition
an organizational tool to provide a clear outline of the steps needed to complete a project within a given time frame
Term
4 P's
Definition
Product, Price, Place, Promotion- marketing tool
Term
balance sheet
Definition
how much a company is worth at any given time
Term
income statement
Definition
shows where the money came from, what was spent, and how much money is left over after expenses
Term
Maslow's Hierarchy of Needs
Definition
a needs satisfaction model to try to explain what motivates people's behavior
Term
DBA
Definition
doing business as
Term
general partnership
Definition
established when all partners involved carry on the business as co-owners
Term
fictitious firm name
Definition
same as trade name
Term
networking
Definition
the use of an informal group of contacts within a group of people who share common interests, concerns, professional activities, etc.
Term
serial career
Definition
moving from job to job because of the nature of the profession
Term
job vs. career
Definition
a job is a job, but a career is more likely an ongoing series of related jobs that add up to an employment sequence
Term
combination career
Definition
combining careers, whether related or unrelated
Term
CANCON
Definition
Canadian Content; refers to the regulation of Canadian musical influence in Canadian music works
Term
FACTOR
Definition
Foundation to Assist Canadian Talent On Records
Term
SOCAP
Definition
Society Of Composers, Authors, and Publishers of Canada
Term
CBC
Definition
Canadian Broadcasting Channel
Term
CRTC
Definition
Canadian Radio-Television and Telecommunications Commission
Term
CMPRA
Definition
Canadian Musical and Production Rights Agency
Term
IFPI
Definition
International Federation of the Phonographic Industry
Term
sound carrier
Definition
taken to mean any medium that transmits sounds
Term
Cannes Accord
Definition
the result of a dispute in the mid-1990s between the major international record companies and the European copyright collection societies; publishers won a reduction in the society's commission rates on mechanical royalties
Term
neighboring rights
Definition
aka sound recording performance rights/related rights; the rights in a work that don't belong to the author, 3 general categories: performers, producers, broadcasters
Term
AMC
Definition
Access to Music Charge; concept that maintains that the only viable means of monetizing from the online music user is at the user's point of access through an ISP
Term
IPM
Definition
Institute of Popular Music
Term
MIDEM
Definition
held in Cannes, the leading worldwide music publishers convention
Term
International Intellectual Property Association
Definition
US-based lobbying coalition of American copyright-based groups
Term
WIPO
Definition
World Intellectual Property Organization (a UN organization administering copyright conventions)
Term
moral rights
Definition
the right of an author to be properly identified and to insist that any editing of work preserves its integrity without alteration, distortion, or mutilation of the work
Term
public domain
Definition
material, such as music or any other intellectual property, available for unrestricted use on which the copyright or patent has expired (or doesn't have a copyright)
Term
reciprocal treatment
Definition
foreign authors will only get the level of copyright protection granted in their own country as per the Berne Convention
Term
first fixation (T/F)
Definition
refers to the location of the WTC where the recording was created
Term
WTC/WIPO Copyright Treaty
Definition
a special agreement under the Berne Convention providing additional protection for authors when their works are used on the internet and via other digital services, including downloading and streaming
Term
WTO
Definition
World Trade Organization
Term
WPPT/WIPO
Definition
World Performances and Phonogram Treaty; extended similar protection for neighboring rights owners in relation to the internet and other digital platforms
Term
harmonize-legal
Definition
to rewrite or amend statutes or regulations so that they are in agreement or in accordance with other statutes or treaties
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