Artist Insider 2.5: Tom Bogan – Past and Future | April 4, 2006

Insider: Tom Bogan

This is our final day with Tom, it is one of the best.

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Questions & Topics:

  • More pointers
  • Knowing what you know now, would you do it again?
  • Any advice for people who dream of being a CFO?
  • It’s not glamorous
  • What are some books?
  • What are you doing now?

Pointers:

  1. look into a publisher when you think your work is exploitable, they have connections you do not.
  2. try to get a co-publishing deal, but your first contract will probably be meager
  3. don’t sign too long; they do not want to renegotiate a contract
  4. build in some performance bonuses – upside rewards for success
  5. sign with someone who believes in you

Books:

Contact information for Tom Bogan & KMA Business Advisers

Tomorrow stats a new interview with Andrew Peterson, a singer & songwriter who has been with a label, independent & now a weird mix that might be a future trend.

Running time: 11 minutes 59 seconds
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Artist Insider 2.4: Tom Bogan – Negotiations & Pointers | April 3, 2006

Insider: Tom Bogan

Welcome back, Tom goes into ways to save money and things to think about when negotiating publishing contracts. There are a few great pointers.

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Discussion:

  • Who does the CFO deal with?
  • How long do negotiations go?
  • What are five pointers for the budding songwriter?

We ran out of time today on Tom’s pointers, but we will pick back up with them tomorrow.

Running time: 10 minutes 27 seconds
[audio:http://www.podtrac.com/pts/redirect.mp3/recordings.talkshoe.com/TC-13972/TS-8797.mp3]

Artist Insider 2.3: Tom Bogan – Money & Songwriters | March 31, 2006

Insider: Tom Bogan

Day 3 is a little shorter then yesterday with a heavy focus on the flow of money and songwriters.

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Subjects:

  • So, this is not as simple as people would think?
  • Do other countries have multiple PROs?
  • PRO = Performing Rights Organization, ASCAP, SESAC & BMI in the US.
  • What is the difference between the three US PROs?
  • How much does a singer songwriter make off a CD sale?
  • Are there times a songwriter would get less?
  • Some examples songwriters need to look out for when negotiating a deal.

That is all for this week, next week we continue on with a couple more days with Tom and then on to someone on the creative side.

Running time: 11 minutes 41 seconds
[audio:http://www.podtrac.com/pts/redirect.mp3/recordings.talkshoe.com/TC-13972/TS-8773.mp3]

Artist Insider 2.2: Tom Bogan – Foreign and Domestic | March 30, 2006

Insider: Tom Bogan

Day 2 with Tom Bogan and it gets deep. We pick up right where we left off yesterday talking about getting a publisher. There is a real emphasis on topics that songwriters need to know.

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Questions and Topics:

  • When will someone exploit my work?
  • Demos can be used to register a copyright
  • Contract signed; then what does the accounting department do?
  • Royalty rates are not always the same
  • Exploited – in music industry = song has been sold and people get paid
  • Is there a difference when a sale is in a foreign territory? How?

Tom did a great job detailing a lot of the aspects and the thing to remember is that if you are involved in creating music, even if you have a small deal, these aspects covered need to be agreed upon up front, or you have the potential of loosing money or going through a huge fight.

Running time: 11 minutes 49 seconds
[audio:http://www.podtrac.com/pts/redirect.mp3/recordings.talkshoe.com/TC-13972/TS-8728.mp3]

Artist Insider 2.1: Tom Bogan | March 29, 2006

Insider: Tom Bogan

A while back we sat down with Tom Bogan of KMA Business Advisers, former CFO of Brentwood Benson Music Publishing, a division of BMG.

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Questions and topics:

  • How did you start in the music business?
  • Consolidation is how the business goes?
  • What does the accounting department do?
  • What is an Advance?
  • Where does the money go?
  • Co-publishing the best deal?
  • When to get a publisher?

Tomorrow we continue with Tom and gain a better understanding how all people make money off music.

Running time: 12 minutes 21 seconds
[audio:http://www.podtrac.com/pts/redirect.mp3/recordings.talkshoe.com/TC-13972/TS-8701.mp3]