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Serona Elton serves as Head of Educational Partnerships for The Mechanical Licensing Collective (The MLC). In this role, Elton directs The MLC’s efforts to engage future members of the music industry currently studying music business and related subjects at colleges and universities across the country and around the world.

With extensive experience as a music industry professional and educator, Elton is also a professor and Director of the Music Industry Program at the University of Miami Frost School of Music. In 2023, she was named Music Business Educator of the Year by the Music Business Association. She is also a Yamaha Master Educator.

Chapters

00:00 Introduction and Background

07:30 Changes in Mechanical Licensing

21:21 Releasing Co-Written Songs

25:06 Introduction to the MLC

29:33 Calculating Royalties for Streams

40:40 Relationship Between the MLC and PROs

49:32 International Mechanical Royalties

54:21 The Role of Legislation in the Music Industry

01:00:41 Calculating Mechanical Royalties

01:07:38 Defining Success in the Music Business

Subscribe to The New Music Business: https://aristake.com/new-music-business-podcast/

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Connect with The MLC and Serona Elton:

Website: https://www.themlc.com/

Youtube: https://www.youtube.com/@TheMLC

Instagram: https://www.instagram.com/mlc_us/

LinkedIn: https://www.linkedin.com/in/serona

Edited and mixed by Ari Davids

Music by Brassroots District

Produced by the team at Ari’s Take

Hosted on Acast. See acast.com/privacy for more information.

Order THIRD EDITION of How to Make It in the New Music Business: https://book.aristake.com

Beginning his tenth year in the music industry today, Will Runzel is co-founder of Prodigy Artists. He got his start throwing Hip-Hop concerts (Big Sean, Jeremih, Mike Posner, Twista) in college towns in the midwest, Steve Aoki brought him to LA to head up Dim Mak Live for a year before heading up React Presents West Coast division and another year with LED Presents / Goldenvoice (booking Jamie XX, M83, Calvin Harris). Around that time he started what is now known as Collectiv Presents with Chris Den Uijl, as well as his management company Prodigy Artists alongside Steven Haddad. Today, Runzel is the CEO of Prodigy Artists who represent SLANDER, Deorro, NGHTMRE, Guy Gerber, Audien as well as Grammy-nominated producers Bekon & The Donuts.

This week, Ari and Will discuss various aspects of the dance music industry, including revenue streams, remixes, and the role of managers. He emphasizes the importance of touring for bass music artists and the unique nature of their merchandise sales. Will also explains the business model of remixes and additionally highlights the need for data collection and retargeting in the new music business.

Chapters

00:00 Remixes and Original Music

10:12 SLANDER, NGHTMRE, and Deorro

29:07 Revenue and Profitability of Shows

36:16 Revenue Breakdown for Bass Music Artists

41:53 Reselling Records

50:21 Managing Record Producers

57:43 The Challenges of Playing at the Sphere

Subscribe to The New Music Business: https://aristake.com/new-music-business-podcast/

Ari's Take Academy: https://aristakeacademy.com

Watch more discussions like this: https://bit.ly/3LavMpa

Connect with Ari’s Take:

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Connect with Will Runzel:

LinkedIn: https://www.linkedin.com/in/will-runzel-884456112

Instagram: https://www.instagram.com/willrunzel/

X: https://www.prodigyartists.com/

Edited and mixed by Ari Davids

Music by Brassroots District

Produced by the team at Ari’s Take

Hosted on Acast. See acast.com/privacy for more information.

Enrollment closes soon for Ari's Take Academy! Save 10% with code NMB and enroll: https://aristakeacademy.com/

Moody Jones is an entrepreneurial entertainment executive and artist who thrives on creating new rules and executing unique concepts. Currently, he’s the GM of Dance at EMPIRE – an independent distribution company and record label pioneering the future generation of the music business.

This week, Ari is joined by GM of Dance at EMPIRE, Moody Jones, to discuss Empire's business model, the dance music industry, and the role of an executive in supporting artists. They discuss various aspects of the music industry, including consumer behavior on social media, the impact of UMG on artists, advice for aspiring producers and DJs, the importance of art in everything you do, discovering and signing new artists, release frequency, and what it means to make it in the new music business.

Chapters

00:00 Introduction and Overview of Empire

05:09 The Dance Division and the Dance Market

15:02 Measuring Success and Revenue Streams

23:02 Consumer Behavior on Social Media

26:00 Advice for Aspiring Producers and DJs

30:23 Building Relationships with Artists

37:38 Release Frequency and Removing Songs from DSPs

44:30 What It Means to Make It in the New Music Business

Subscribe to The New Music Business: https://aristake.com/new-music-business-podcast/

Ari's Take Academy: https://aristakeacademy.com

Watch more discussions like this: https://bit.ly/3LavMpa

Connect with Ari’s Take:

Website: https://aristake.com

Instagram: https://www.instagram.com/aristake_

TikTok: https://www.tiktok.com/@aris.take

X: https://twitter.com/ArisTake

Threads: https://www.threads.net/@aristake_

YouTube: https://www.youtube.com/user/aristake1

Connect with Ari Herstand:

Website: https://ariherstand.com

Instagram: https://instagram.com/ariherstand

X: https://twitter.com/ariherstand

YouTube: https://youtube.com/ariherstand

Connect with Moody Jones:

LinkedIn: https://www.linkedin.com/in/moodyjones/

Instagram: https://www.instagram.com/moodyjones/

X: https://twitter.com/moodyjones

TikTok: https://www.tiktok.com/@moodyjones

Edited and mixed by Ari Davids

Music by Brassroots District

Produced by the team at Ari’s Take

Hosted on Acast. See acast.com/privacy for more information.