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Write a 1250 words paper on the topic Analysis of All You Need to Know about the Music Business by Passman Donald

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Write a 1250 words paper on the topic Analysis of All You Need to Know about the Music Business by Passman Donald. Results from tracking indicate concerts not only increase record sales for artists but also boost other related aspects popularity of an artist’s lifestyle orientation, especially clothing line and jewellery fashion. Bonnie Raitt, one of the most renowned production managers of the contemporary music industry, once states that “real musicians and real fans stay together for a long, long time” (Passman 243). This means that fans prefer sticking closer to artists, not only through the purchase of records but also by attending live performances. Despite the importance of concerts in music production, it is worth acknowledging the fact that organizing and staging a live performance in today’s settings requires substantial efforts. This first part of the essay involves appraising the essential aspects required while coordinating a live performance concert. As a new event coordinator for Buskirk-Chumley Theatre, I am responsible for lifting the theatre’s reputation by organizing and staging a concert that will attract audiences beyond Bloomington. In order to organize a successful concert, I will follow all the appropriate steps emphasized in theoretical processes of event coordination. These steps include sourcing capital, meeting legal requirements, hiring a professional promoter, hiring an agent, entering into relevant contacts, marketing and ticketing (Passman 55).

Prior to the inception of any event coordination exercise, cash requirements features as the first essential step in staging a live performance. Artists, legal advisors, promoters and agents all need cash to cover their expenses while performing their distinct duties of organizing a concert. Therefore, I will start by quantifying the cost of staging the live event based on information from the industry. Secondly, I will ensure that Buskirk-Chumley Theatre meets all legal requirements of Bloomington. Such requirements may include an acquisition of licenses for live concerts and getting updated business registration certificates (Passman 246). The next step involves selecting and booking an artist for the concert.&nbsp.