Exam 11: Representation

Fame is built on the act's creativity and the label's risky investments to profit from

For a recording artist, talent is always more important to a label than a work ethic, personality, and minor airplay.

Pollstar is the trade magazine for

Booking agents in the music industry who work with major artists must be franchized by

Many professional industry executives are always looking for the ""next big thing.""

Talent agents own or work for agencies licensed by the unions to represent creative artists.

Career goals are established and based on

The artist/manager relationship and business is built on

Business managers are hired to

In typical record labels deals, the option means that either the act or the label may decide to continue or drop the deal.

Most recording artists never make any money from their record deals and some labels fail to make any money from a few of their acts.

Courtney Love in a statement claimed ""All of those independent promotion costs are charged to the band. Since the original million-dollar advance is also recoupable, the band owes $2 million to the record company."" How much money did the band really owe the label?

Label executives often look for this as a prerequisite before offering a deal

An example of post-term royalties to an artist manager after the deal is over is

Artist personal managers bring to the artists

Major talent agents often work for

Personal managers provide

Personal managers legally represent artists through a power-of-attorney agreement.

For an artist, it is important to live on the adrenaline rush and think that someday you'll be discovered, and then become rich and famous.

An attorney should be hired to