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In 2004, the merger of Sony and BMG created the 'Big Four' at a time the global market was estimated at $3040billion. Total annual unit sales (CDs, music videos, MP3s) in 2004 were 3billionMay 15, 2008Blackface minstrel shows, a distinctly American form of entertainment, became popular in the 1830s, and especially so with the arrival of the Virginia Minstrels in the 1840s.In the United States, the music industry arose in tandem with the rise of black face minstrelsyRetrieved July 6, 2009
The few collections of secular (non-religious) music that are extant were commissioned and owned by wealthy aristocrats^ Corwin, Betty "Theatre on film and tape archive", International Association of Libraries and Museums of the Performing Arts, accessed May 10, 2013 ^ a b "Bill Summary & Status 97th Congress (19811982) H.R.6885"Because the entertainment industry is unpredictable, entertainment companies sign a body of entertainers in hopes for the emergence of a star.(99) In the music industry, approximately 80 percent of the music companies fail to recoup their losses.(100) A 1980 Cambridge study showed that a record album had to at least sell 104,600 in order to break even.(101) During that time, approximately 84 percent of record albums failed to sell the allotted amount in order to break even.(102) Over $200 million was lost because of entertainers who did not succeed.(103) Obviously these statistics today would have greatly increased, almost 30 years laterRecorded music retail salesRetrieved 2017-04-17For example, in the case of work for hire, the composition is owned immediately by another party214) 1747 Disney Theatrical Group Aladdin Musical 2014-03-20March 20, 2014 Open-ended Palace Theatre W
261) 650 Manhattan Theatre Club The Little Foxes Play 2017-04-19April 19, 2017 2017-07-02July 2, 2017 Shubert Theatre WAmerican Drama 19001990 (2000) Stempel, LarryNielsen SoundScan in their 2011 report noted that the "big four" controlled about 88% of the market:Plays could run longer and still draw in the audiences, leading to better profits and improved production valuesHe leaves home and travels to California with little money(NoIn addition, the weaker party does not understand the terms of the contractAs in England, during the latter half of the century, the theatre began to be cleaned up, with less prostitution hindering the attendance of the theatre by womenUnconscionable Contracts 2007 Todd Brabec, Jeff Brabec For more information, check out the book Music, Money and Success: The Insider's Guide To Making Money In The Music Business (Schirmer Trade Books/Music Sales/502 pages) available for sale at Amazon.com, Barnes & Noble, Borders, Music Sales Group and www.musicandmoney.com. 2ffeafca65