The Essence of the Music Business: Contracts

· Mika Karhumaa

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The music industry in terms of business cannot be understood unless its agreements are understood. Derivative of copyright and related rights must be taken into account in all decision-making and operational planning. This starting point is also the basis of every agreement.

This book addresses understandably the problematic issues and the business that is formed around it. The main focus is on where it most intensively touches its authors – artists and their management – from where all the necessary licenses are ultimately granted. This book deals with what artists usually must arrange in order to achieve their goals – agreements with regards to their mutual affairs.

New examples have been added to the second edition to better reflect the present time. In particular, streaming and its impact on other business areas are the focus of attention.

The author of the book has over 20 years of experience in the international music business as a manager and legal advisor.

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Mika Karhumaa is a music manager, legal adviser, author and a publisher. He has been a manager for various artists and industry in general over two decades. He has lectured a lot on the subject, for example, at the Sibelius Academy, Arcada University of Applied Sciences or HEO to name a few. He studied law at the University of Turku. He specializes in international contract law and copyright.

As a manager, he is probably best known for his collaboration with Winterborn and Celesty.

In year 2014 he started writing the current mission - a systematic book series about international music business and the global practice that people within the industry have complied with. 'The Essence of the Music Business - Contracts' is the first volume. The second volume of the book, 'Philosophy', was published in autumn 2018. The last and final part of the series, 'Strategy' will be published in early autumn 2019. More information and articles about music business is available at

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