Dissecting The Digital Dollar is a series of reports, guides and tools from the Music Managers Forum designed to help artists and managers better understand the streaming business, and the impact the shift to streaming has had on the wider recorded music industry. The reports were produced for the MMF by music consultancy CMU Insights.
‘Dissecting The Digital Dollar Part One’ was published in October 2015 and explains in one place how audio streaming services are licensed. It also includes a beginner’s guide to music copyright, recording and publishing contracts, and collective licensing, all of which impact on how the music industry’s digital deals are structured.
‘Dissecting The Digital Digital Part Two’ was published in October 2016 and was based on a series of roundtable discussions involving over 200 music professionals in four countries, including artists, songwriters, labels, publishers, accountants, lawyers and managers. The discussions considered seven key issues with the current streaming business model and the resulting report proposed a series of solutions.
Based on the findings of the ‘Digital Dollar’ roundtables, in October 2017 the MMF is publishing two new guides: ‘The Deals Guide’ and ‘The Transparency Guide’.
‘The Deals Guide’ explains the workings, legalities and pros and cons of the various different kinds of label and distribution deals available to artists today.
To accompany ‘The Deals Guide’ we are also launching the MMF Digital Deals Comparison Calculator, which makes it easier for managers to understand the key differences between different deal types in terms of the services that are provided and the way revenues are shared. The calculator will be available here online later this month.
‘The Transparency Guide’ identifies all the information and data artists and managers require from their business partners to fully understand and succeed in the streaming business.
To accompany ‘The Transparency Guide’ we are also launching the MMF Transparency Index that will allow managers to compare just how transparent different business partners really are, and to share that information with the rest of the management community. The index will be available here online later this month.