MECA Places Spotlight On Music Revenues & Artist
Development
An Interview with MECA Conference speaker Eric Beall, Vice President
of Creative of Sony/ATV Music
By Anne Freeman,
Two issues have increasingly come front-and-center
in the debate over the future of the music industry: How do we make
money in this new music industry, and perhaps more importantly,
how do we find and nurture the new talent that will drive tomorrow's
revenues. Sony/ATV Music's VP of Creative Eric Beall will
tackle the issues head-on as a featured speaker on both Publishing
Income (There's Gold In Them Thar Non- Mechanicals) and Artist
Development (Where's The Love For Tomorrow's Stars?) panels
at the upcoming Musician's
Education and Career Advancement (MECA) Conference & Festival
to be held May 12-15 in Chicago, Illinois.
Beall
is well-qualified to speak on music publishing and artist development
topics: as Vice President of Creative for Sony/ATV Music in New
York, Beall oversees a staff of leading writers and producers such
as Billy Mann, Steve Diamond, Teron Beal, Walter
Afanasieff, John Mayer, and many others. Prior to joining
Sony, he was the Creative Director for Zomba Music Publishing, where
he signed and developed top writers like KNS Productions
and Riprock & Alex G., and he has coordinated and directed
Zomba writers in the development of material for Jive Records pop
superstars like Backstreet Boys, *NSYNC, Britney
Spears, and Aaron Carter.
Beall is also the author of "Making Music Make
Money: An Insider's Guide To Becoming Your Own Music Publisher,"
due out in November on Berklee Press, the publishing arm of the
prestigious Berklee College Of Music. "Making Music Make Money"
is intended to educate songwriters, as well as aspiring music business
entrepreneurs, in the basics of becoming an effective independent
music publisher. Topics include a discussion of the various roles
a publisher plays in the music business: collection, administration,
protection, exploitation and evaluation. An emphasis is placed on
the exploitation process, and the importance of creating a sound
business model for a new publishing venture.
Before joining the publishing ranks, Beall was a songwriter
and producer, penning the pop hits "Nothin' My Love Can't Fix"
for Joey Lawrence (Top 10 Billboard Hot 100) and "Carry
On" by Martha Wash (#1 Billboard Dance Chart) as well
as songs for Diana Ross, The Jacksons, Safire,
Samantha Fox, Brenda K. Starr, and many others. He
also co- founded Class-X Recordings, an independent dance label
in New York.
[The
Aspiring Songwriter] Thank you, Eric, for agreeing to be interviewed
by MusicDish about some of the things that you will be talking about
at the MECA
Music Conference & Festival. Among the topics you and others
music industry professionals will be discussing at the conference
is the fact that many songwriters and artists are trying to break
into the music business as independent publishers because staff
writing deals are scarce. With the contraction of the major label/publishing
industry, do you see a viable place for independent publishers/songwriters,
or will this kind of income stream be limited to signed acts and
producers affiliated with major labels or large publishers?
Eric Beall I really believe that this is an
ideal time for small and midsize independent publishers. With so
much attention being paid to the woes of the record labels, many
people have missed the fact that the publishing business is actually
growing. While it's true that mechanical income is down, the income
from syncs and other licenses, like ringtones and karaoke, have
more than made up for decreasing record sales. At the same time,
many of the major publishing companies have been forced into severe
cost cutting, largely because of difficulties in their affiliated
record companies and the pressure of corporate mergers and acquisitions.
So the business is getting bigger, and the big companies are getting
smaller. That means there's opportunity out there for someone.
[The Aspiring Songwriter]
For those who are serious about taking the independent route to
break into the publishing industry, what kinds of steps would independent
publishers have to take, or what action would their catalogues have
to have to be viewed as serious by those already in the industry?
Eric Beall There are two obvious things that
always help an independent publisher to be taken seriously. The
first thing is diversification in the writer roster. I don't mean
stylistically-- in that respect, it's actually more effective to
keep your business focused on one specific genre in which you can
bring some real expertise. But I do think that a company appears
a bit more legit by representing more than one writer. It's okay
to represent your own work (as a songwriter), but it helps if there
are a few other writers you represent as well.
The second thing that always helps is "hits." It doesn't
really matter how many songs you have in your catalogue-- what really
counts are the "hits." Most of a publishing company's income is
generated by "hit" songs-- they get on the radio, they get in movies,
people sing to them at karaoke bars. You need songs that are radio-oriented--
uptempo, mass appeal songs with big choruses.
I
recently wrote a book called "Making Music Make Money" (Berklee
Press)-- the point of the book is to encourage songwriters to become
active as their own publishers. In the book, I stress the importance
of focusing on one particular genre, organizing your catalogue so
that you can respond to requests quickly and efficiently, and building
relationships. If a small publisher does those three things, they'll
be taken seriously by anyone. They'll also be several steps ahead
of the vast majority of music publishers, large and small.
[The Aspiring Songwriter]
The staff writing deal has traditionally been the "golden fleece"
for any serious songwriter. Those opportunities are becoming more
and more limited, especially for songwriters who are not also artists
or producers. Do you see any alternatives to the staff writing deal
on the horizon for serious songwriters?
Eric Beall I think the term "staff writer"
tends to imply a certain type of relationship that doesn't really
exist anymore. It used to be that someone would be signed as a "staff
writer" and be given a "draw" or monthly "advance" to live off of-the
songwriter would write songs and the publisher would go out and
try to get them cut. In return, the publisher would keep the publishing
share of the income, and the writer would get the writer's share.
Outside of a few small publishing firms in Nashville, that sort
of relationship is pretty much history, for better and worse. Most
publishing deals now are "co-publishing deals." This means that
the writer keeps more of the money-but it also means that the publisher
expects more of the writer. Publishers expect writers to get more
of their own cuts, and the advances they offer are usually based
on income that the writer has already generated on their own.
I think there are a couple of alternatives for writers
in the present climate. As I've already mentioned, you could opt
for a co-publishing deal, or you could look for an administration
deal, which would allow you to keep control of your catalogue, take
90% of the income, and have someone else look after the paperwork.
But if you opt for either of those options, you're still going to
have to do a lot of the upfront work yourself-you're going to have
to get your songs cut largely on your own before anyone will even
offer you a co-pub or an admin deal. So the real alternative, at
least in the early stages of your career, is to be your own publisher-to
generate some activity on your own.
[The Aspiring Songwriter]
Eric, you will also be on a panel about artist development at MECA,
so let's talk about artist development for a bit. For a while there,
publishers were becoming the ad hoc artist development arm of the
major label music industry. Is this trend continuing?
Eric Beall I think it's a trend that is continuing,
but not growing. Every large publisher has a certain number of development
deals on their roster-artists or bands that were signed for modest
advances, with the hopes that the publisher could help get them
a deal. Of course, the difficulty is that given the contraction
in the record industry, there are fewer labels signing new acts.
So publishers have a lot of acts that they've developed that don't
have the big label opportunities anymore. For that reason, I think
most publishers are being more cautious about taking on projects
that require a lot of work, with only the hope of a future deal.
Of course, if the record business bounces back a little, these deals
will start to proliferate as well.
[The Aspiring Songwriter]
Is it essential that artists also write songs to land a deal today?
Eric Beall I assume when you ask about a "deal,"
we're talking about a record deal, not a publishing one. Obviously,
it's essential that an artist write in order to get a publishing
deal. On the record side though, I think there continues to be a
place for artists that don't write-at least in specific markets.
In the country market, you continue to have artists that don't write,
or at least don't write much; in the pop/AC market you have people
like Clay Aiken, Celine Dion, and Josh Groban.
Of course in the rock market, most artists are expected to come
up with their own material.
I think there is some concern at most labels about
signing an artist who doesn't write-as it can be incredibly hard
to consistently turn up hit songs, album after album. At the same
time, I think there's concern about signing artists who insist on
writing, when they're not really topnotch songwriters. It works
both ways. What you really like to see, as an A&R person, is some
sense that artists understands their own strengths, weaknesses,
and limitations. If they really have something to say musically,
then by all means, they should be writing. But if the artist is
only a marginal songwriter, they really should stay out of the process,
and focus on finding the best material they can.
[The Aspiring Songwriter]
Song royalties seem to be the "deep pockets" that everyone is trying
to get their hand into today, from labels, producers, engineers,
artists -- just about everyone wants to get a piece of the music
publishing pie these days. What impact is this trend having on the
publishing business?
Eric Beall It's a constant struggle to keep
everyone's hands out of our deep pockets. As I just said, I think
a great many artists do themselves a disservice by trying to muscle
in on the writing income and/or the publishing income. Unless they're
superstars, it just means that they don't get the best material
to record. The same is true of producers and engineers who try to
grab a piece of publishing on anything they work on. Frankly, the
worst offenders of all are the movie studios-it's very difficult
to get an original song in a movie without giving up a hefty chunk
to the studio's publishing company. And unfortunately, they usually
have the clout to get away with it. The best you can do is try to
structure something where they share the income, but don't actually
own a piece of the copyright.
As far as the impact all this money-grubbing has-it's
really just a question of being more cautious as far as projecting
what a song might earn. And not to be cynical, but it also means
that as a publisher, you might want to start offering admin deals
to the producers, labels, engineers, managers, and artists who are
grabbing pieces of publishing but don't really know what they should
do with it. Sometimes, if you can't beat 'em, join 'em.
[The Aspiring Songwriter]
Thanks for your thoughts, Eric. I'm sure that folks attending the
MECA Music
Conference & Festival will gain insight into the state of the
music industry from the panels that you and other industry professionals
will participate in.
Eric Beall I think it's very important to recognize
that any business cycle offers opportunity-and the current downturn
in the music business is no exception. As I said at the beginning
of the interview, in many respects this is an ideal time for a small,
aggressive music publisher to get in the game. Many of the large
companies are retrenching, and are not being aggressive; there are
good writers available who don't have deals; and the publishing
business as a whole continues to grow. But you must know what you're
doing-publishing is not as straightforward as the record business.
That's really why I wrote "Making Music Make Money"-too
many songwriters are waiting for a publisher to come along and solve
their problems. The truth is, if you're a songwriter, you already
have a publisher. It's you. You just need to learn how to set up
an effective company-one that can organize and administer your catalogue,
and also generate exploitation opportunities for your songs. It's
a good time to be small and independent.
The
Musician's Education and Career Advancement (MECA) Conference &
Festival will feature daytime educational panels, performance
clinics, workshops and mentoring sessions with music industry professionals.
Networking events and showcases will occur during the four nights
of the conference, and approximately 250 bands/artists are scheduled
to perform at MECA showcases in 20 venues throughout Chicago.
Some of the confirmed panelists and mentors include:
Billy Zero - Program Director of Unsigned channel, XM Radio
Jason Jordan - VP of A&R, Hollywood Records
Eric Beall - VP of Creative, Sony/ATV Music Publishing
Benjamin Brannen - Creative Manager, BMG Music Publishing
Del Breckenfeld - Director of Entertainment Marketing - Fender
Musical Instruments Corp. / A&R Fender Records (Rhino/WEA)
Gerey Johnson - Director of A&R, A440 Music Group
Carmen Rizzo - Two-time Grammy Nominated Producer-Mixer-
Programmer
Jim Peterik - Grammy-winning Songwriter/Producer
Steve Smith - Voted "#1 All-Around Drummer" 5-times by Modern
Drummer
DJ P-Trix - DMC US Champion and World-Finalist
Billy Sheehan - Voted "Best Rock Bass Player" 5-times by
Guitar Player
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