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The Music Business School

Glossary

Terms from A to Z

The key music business terms, each explained in one sentence.

A

A&R
Artists and repertoire. The person at a label who finds new artists and guides their music. Read more
Advance
Money from the label up front. If the song flops, you don't have to pay it back. Read more

B

Booking agency
Sells your shows to clubs, festivals and promoters, usually for a 10 to 20 percent commission. Read more

C

Composition
Melody and lyrics of a song, protected by copyright. Read more
Copyright
Protects the composition. In Germany it always stays with the songwriter, until 70 years after death. Read more

D

DAW
Digital audio workstation: software for making music, for example FL Studio, Ableton or Logic. Read more
Distribution deal
You're your own label, the distributor only gets the music into stores. You keep the master. Read more
Distributor
Digital distribution that gets your music onto Spotify, Apple Music and the rest. Read more
Door deal
Instead of a fixed fee you get a share of ticket income. Read more

E

Exclusive artist deal
The label pays for everything and gets the recording in return. You record only for this label. Read more

G

GEMA
Germany's collecting society for composers, lyricists and music publishers. Read more
GVL
Germany's collecting society for recordings: pays labels, singers and musicians. Read more

I

ISRC
International Standard Recording Code, the ID number of every recording. Read more

K

Künstlersozialkasse (KSK)
German fund that covers about half of social insurance for self-employed artists. Read more

L

Lease
Cheap, limited licence for a beat. Others may use it too. Read more
Licence deal (Bandübernahmevertrag)
You pay for the recording yourself, the label takes the finished master for distribution and marketing. Read more

M

Major label
One of the three big music corporations: Universal, Sony and Warner. Read more
Manager
Plans your career and negotiates your deals, usually for 15 to 20 percent. Read more
Master
The finished recording of a song. Read more
Metadata
All the information about a song: title, artist, songwriters, producers and more. Read more

N

Neighbouring rights
Protect the recording. Held by whoever paid for it (usually the label) and by the performers. Read more

O

Option
The label's right to make further albums with you. The label may, but doesn't have to. Read more

P

Pre-save
Fans save a song before it's released. Read more
Print on demand
Merch is only printed after it's ordered. No stock, no risk. Read more
Publisher
Looks after your songs as compositions, for example with GEMA and for sync. Read more

R

Recoupment
Your share of income first pays off your advance before you receive new money. Read more

S

Sample clearance
Permission from label and publisher to use a sample. Read more
Split sheet
Records who owns what percentage of a song. Read more
Sync
Music in film, series, games or advertising. Read more

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360 deal
The label also earns from shows, merch, publishing and brand deals. Read more