Posts tagged music business
How the American Music Tourism Act Could Affect the Music Industry

Bobby Troup’s 1946 hit “(Get Your Kicks on) Route 66” helped make an American highway a tourist destination in its own right. The recently passed American Tourism Act is designed to give music tourism a similar boost by encouraging travel to concerts, festivals, museums, and other music destinations across the country. More visitors could mean bigger audiences and increased revenues for musicians and venues, as well as more business for adjacent hotels, restaurants, and other tourism-business.

However, the Act provides no additional funding for music organizations. Nor is there a no clear way to measure the Act's success.

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Flying With Musical Instruments: What US Law Says and Tips for a Positive Air Travel Experience

Musicians traveling in the US are fortunate that federal law provides rules that help them bring their valuable instruments into the cabin. However, musicians should remember that their instrument will use their carry-on baggage allotment and is treated the same as all other carry-on baggage.

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Music Fundraising, Orange Groves, and Securities Laws

Launched in the UK in 2018, Hipgnosis Song Fund was touted as a groundbreaking opportunity for investors and musicians alike. By buying song catalogs directly from artists, Hipgnosis provided musicians with immediate cash. The Fund offered investors the opportunity own a piece of music history and receive long-term predictable income that wasn't correlated with the stock market. Although the Fund might have looked like an investment in artists and their music, in the US, many investments in artists and their music are securities. Learn how musicians can unwittingly find themselves needing to navigate the complex web of securities laws.

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