A discussion regarding the positive and negative elements of outside management and self-management in the modern music industry.
Written in 2005; 4,275 words; 5 sources; $ 169.95
Paper Summary:
This paper discusses how the positive aspects of self-management can be an advantage to artists that seek long-term success in the music industry. The paper uses the examples of Mick Jagger, Pink Floyd and U2 (McGuiness is actually considered a fifth member by Bono and the others) to relate how effective self-management may be a far more lucrative choice for musicians. According to the paper, they must be willing to take on more responsibilities, but they will certainly have more control over their music and contractual dealings.
From the Paper:
"This music industry analysis will examine the differing aspects of successful music management. By presenting various examples of famous musical acts with effective management, one can realize the benefits of loyalty in the techniques and decisions that create successful musical acts. A critical study of how modern music mangers create positive financial and legal choices for their clients is essential to the longevity and influence of such bands as U2, The Rolling Stones (Self-Managed), and other international musicians with strong management. In this manner, one can realize how management can be effective, without betraying the musical integrity that musicians need to focus exclusively upon. "
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