Addictive Flow Jessica Escalona. What is Addictive Flow? ► We’re not just a recording studio. We’re a production company. ► Specialize with hip-hop and.

Slides:



Advertisements
Similar presentations
OR Multi-Level Marketing (MLM) Simplified
Advertisements

Business Investment Plan YOUR INVESTMENT RETURN $5,000 investment = $7,500 return $10,000 investment = $15,000 return $20,000 investment = $27,500 return.
Traditional, Indie, 360 Versus DIY Artists, Labels and Contracts.
How to thrive & survive as a public relations practitioner.
Anthony Bonanni. Introduction  Traditional way for artists to make money was by revenue from album sales.  Album sales are decreasing yearly.  One.
Small Business Taxes 101 for Sole Proprietorships.
Becoming an Intermediary Affordable Website Development. SEO. Business Support.
Our mission is to provide scholarships to college students living in Missouri and Kansas. We want to create a user-friendly website for ordering our product.
Early Childhood Program Management Finance and Budgeting By J.C. Watkins.
Income Statements. Income Statement One of four financial statements issued by a business Reports the amount a company has earned between 2 balance sheet.
RESEARCHING THE MUSIC INDUSTRY By Harry Leggatt. THE MUSIC INDUSTRY SECTORS There are over 3 sectors of the music industry, all focusing on a different.
© Copyright 2012 Milady, a part of Cengage Learning. All Rights Reserved. Chapter 3 Salon and Spa Operating Costs.
Legal Issues Recording Contracts Producer Contracts.
1 Music 2.0 Revenue Streams, Consumer Behavior and Policy Issues Kristin Thomson Ignite : Philly June 11, 2008 Kristin Thomson and Michael Bracy Future.
WHAT IS THE MUSIC INDUSTRY? MUSIC INDUSTRY DEFINITION – A BUSINESS MAINLY SPLIT INTO FOUR PARTS INCLUDING:RECORDING OF THE MUSIC, SONG WRITING, PUBLISHING,
LESSONS ENTREPRENEURSHIP: Ideas in Action© SOUTH-WESTERN PUBLISHING Chapter 2 SELECT A TYPE OF OWNERSHIP An Existing Business A Franchise.
Prospective New Client Presentation Web site: Address:
Music Industry Quiz BTEC LEVEL 3 SUBSIDIARY DIPLOMA in MUSIC
FINANCIAL STATEMENTS. Why Use Financial Statements? Investors and bankers Investors and bankers Suppliers and creditors Suppliers and creditors You and.
IToilet Ally Atkeson, Daisy Joseph, Irina Leonchik & Stefani Azar.
Part 3: Managing Artist Relationships. Chapter 11.
Manufacturing vs Non-Manufacturing Costs
HOME-BASED AGENTS Welcome to Unit 7. Review of unit reading material from textbook: Travel Career Development 8 th ed. Authors: Gagnon,P. & Houser, S.
A business needs to keep track of all their income - REVENUE and EXPENSES. Any money coming in to a business is recorded as revenue. Any money going out.
ABOUT SCORE SCORE - Service Corps of Retired Executives SCORE - Service Corps of Retired Executives Volunteer group works with SBA as counselors to America’s.
Costs Associated with Owning and Operating a Small Business.
Finance Task 3. Step 1: Identify Your Revenue Model.
Bell Ringer What is the total price of an item that is $102.30, if the sales tax rate is 6%?
The Recording Industry Week 4. THE RISE OF RECORDS As late as 1880 or 1890, people growing up in a middle-class U.S. household had no recorded music in.
Desktop Publishing Unit
Record Contracts Review MUM 2700 Professor Calle MUM 2700 Professor Calle.
Blue Pie Productions A presentation for Blue Pie artists on how we deliver our music to the WORLD!
Voice 1, 2Third Trimester Recording project Album release party.
Business Simulation Seminar Introduction to the Advanced Marketing Module.
To Tell You Where To Go & What To Present In A Bad Economy Prospecting For Small Veins of Gold.
The Business of Music Promotion By: Demetri Nerris.
Taking Your Business to the Internet. The Internet is one of the fastest growing mediums for businesses today, yet most businesses are not yet taking.
A Promotional Plan BA 4700 MARKETINGMANAGEMENT The Need is There Musicians have several needs: Musical equipment (music stores) A place to practice (storage.
© 2012 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license.
PRJ566: Project Planning and Management Cost Benefit Analysis.
CORNERSTONES of Managerial Accounting, 5e © 2014 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part,
Marketing & Tendering. Budget Forecasting Profit is the key to Business Success – Profit is amount of money after all expenses Materials Labour Insurances.
Music’s New Gatekeeper March 9, 2007 Page W1 Kyle, David, Phil, Isaiah.
Financial Plan : “Bottom Line” Presented by Sheryl Nolen, CEA 4-H WebEx Houston4HCEO4 October 22, 2015.
October 2010 Music Publishing Overview. 2 Overview of Music Publishing Music Publishing is the business of acquiring, administering and exploiting rights.
1 Business Aspects of Software Engineering SWE 513.
Distribution & Marketing MUM 2700 Professor Calle.
Why do we need Marketing?. All Types of Businesses Use Marketing  Direct Marketing Activities: –Advertising agencies –Market research firms –Trucking.
Organisations In The Music Industry By: Shanann Thompson.
The roles and contracts within Live performance Kai. Oakley.
6.3 Starting a Small Business. Starting a Small Business Every business begins with an idea –Hobbies, interests, old jobs Small business owners need special.
SB-Lesson 12.1: Markup and Discount Terminology Selling Price - The price retailers charge customers Cost - The price retailers pay to a manufacturer.
Record Production MUM 2700 Music Business 1 Professor Calle Professor Calle MUM 2700 Music Business 1 Professor Calle Professor Calle.
Advertising Agencies “Busy as a bee” 5 Types of Advertising Agencies In-House Agency Full-Service Agency Creative Boutique Media-Buying Services Interactive.
Ten Tees Under Business Plan for Ten Tees Under 345 Adelaide Ave. Toronto, ON M2P 3R5 (416)
The Impact of Image image The public image of a celebrity can make the difference between success and failure. -Media feeds public fascination -Slander-False.
What does it cost? Chapter 5 Section 3. Tiger T-shirt Company You can sell T-shirts for $15 Demand ensures you will sell out How many people should you.
The Role of Branding Popular brand names are vital to the success of a company. –Represent trust, reliability, style, and prices The use of brands has.
Entertainment Pricing. P P P P The Marketing Mix—The Four Ps 2 involve the goods, services, or ideas used to satisfy consumer needs. Product Decisions.
Goosedeals.com - Best Online Shopping in India Tricks to Save You Money.
How To Advertise Bookkeeping Services
Tonight’s Meeting General Band Parents Meeting stuff
Cornerstones of Managerial Accounting, 6e
iJams Music Distribution
PRICE DECISIONS Sec
iJams Music Distribution
iJams Music Distribution
iJams Music Distribution
iJams Music Distribution
Presentation transcript:

Addictive Flow Jessica Escalona

What is Addictive Flow? ► We’re not just a recording studio. We’re a production company. ► Specialize with hip-hop and R&B artists. ► Provide the artist with:  Music production & recording  Promotional Services  Distribution Services  Merchandise Services

What happens when an artist gets signed? ► The artist will be signed on a contract for 8 years. (Contract includes details on royalties, billing, and artist expectations). ► Within these 8 years, Addictive Flow will:  Record their album.  Promote the artist, as well as, the music produced. (Through the internet, street teams, scheduled appearances, etc.)  Distribute the music. (This includes CD printing, iTunes, AmazonMP3, etc.)  Work to design their artist web pages & profiles.  Design and manufacture the merchandise.

Artist Contract ► 8 Year Contract ► Must record 2 albums. ► Recoup artist expenses. ► Royalties ► 70% of the money made from CD Sales (digitally & traditionally) ► 50% of Merchandise Sales ► Artist will not make royalties form CDs or merchandise unless artist expenses have been recouped. ► Addictive Flow does not handle concert booking.

Recording ► The company’s personal recording studio.  Used to record & produce our client’s music.  Used to make extra profit from outside clients that just want simple recordings (vocal tracking, audition tapes, etc.) ► Client gets 2 studio albums covered by Addictive Flow. ► Extra studio time for other singles or albums must be paid for at a discounted price.

Distribution ► Addictive Flow will work for the artist to distribute music digitally and traditionally. ► Use of SongCast – distribute music digitally. ► Traditional CDs will be sold on the Addictive Flow website.

Promotion ► Websites ► MySpace, Facebook, Twitters, etc. ► Street Teams

Merchandise ► Addictive Flow will design merchandise ► This includes!:  T-Shirts  Mugs  Bumper Stickers  & MORE! ► Bandwear.com (Merchandise Company)

What do we need to start Addictive Flow? ► Studio Equipment - $42, (includes taxes) ► Marketing Equipment - $3, (includes taxes) ► Business Flyers – approx. $99.00 ► Website Hosting – approx. $90.00/year ► UPC Code - $ (initial fee) + $ (maintenance fee) ► Total: $ $49, – approx. $50,000.00

Expenses to Start Out

How will Addictive Flow start out? ► In-Home Studio Recordings & Productions ► Start out with only 2 or 3 artists. ► Work out of an in-home office. ► Wait before making big decisions. (gives time to save money!)

How much will it cost to run Addictive Flow? ► Studio Utilities: approx. $585.00/month ($7,020.00/year) ► Rent: in home studio (for first 5-10 years) ► Website: $90.00/year for hosting ► Distribution: $150.00/year for UPC Code Maintenance ► Studio Maintenance: Approx. $300.00/month ($3,600.00/year) ► Artist expenses: $3,500.00/year/artist. ($10,500.00/year for 3 artists) ► Total expenses: $21,360.00/year (first 5-10 years)  Approx. $98,840.00/year (after the move to a bigger recording studio space)

How much will it cost to run Addictive Flow? (First 5-10 Years)

Total to start out is?

Expenses Per Artist (overall) ► Studio Time: Covered (Personal Recording Studio) ► Distribution through SongCast: $5.99/month + $19.99/album AND/OR $9.99/single ► CD Duplication: 300 $ Tax (Approx. $0.93/CD) ► Website Hosting: $90.00/year ► Merchandise Budget: approx. $1, ► Total: Approx. $2, (start out), approx. $3,500.00/year (an extra $1, from start out)

How are we making profit? ► CD Sales (Digitally & Traditionally)  $10.00/CD - 70% of Sales (after production costs, $5.95/CD) ► Merchandise Sales  $15.00 – Addictive Flow Makes: $4.00/shirt (after production costs)  Bumper $3.00 – Addictive Flow Makes: $.50/sticker (after production costs) ► Renting out the studio  $55.00/hr to outside clients  $35.00/hr for extra studio time to our clients.

How will Addictive Flow expand? (Next 10 years?) ► Expand the recording studio.  After 5-10 years, move to a office/warehouse space in Hoboken, NJ.  Costs: $6, Tax/month (approx. $72,500 lease/year) ► Work the recording studio, production office, and promotion office in one building. ► Become our own personal distributor of CDs & music. ► Start hiring people to work for the company. – Create teams (i.e. production team, promotion team, etc.) ► Sign more artists. Branch out from 3-4 to maybe a dozen or more.

How much will it cost to run Addictive Flow? (After Recording Studio move)

As time goes on… ► Although cost will grow as we expand. We hope as more clients come in, the more money we make. ► The demand becomes greater for our artists, which bring more profit.