Copyright infringement, starting up a studio and being an Artist Manager are things I see as a liability at this current time. There are options and other ways to protect you from liabilities. Hopefully after reading this will help and enlighten the people that need this type of information.
Sampling music is a problem in today’s Entertainment Industry. Sampling is taking a piece of work that’s copyrighted and using it with another creation. Many people frown upon sampling because the work is looked at as a knock off and not authentic. Although, numerous hits have been created with sampling. Nevertheless if you are sampling parts of copyrighted material it’s a liability if you don’t obtain the permission or the proper license. The copyright owner/holder may file a lawsuit against you for infringement for millions.
Starting your own studio in the music industry is a liability. For one the economy is messed up and the big four has pretty much brought every successful independent record label. I feel it’s a monopoly between the four and even if you still manage to start a label you better have a good plan. Like lower prices than the competition, better equipment and a good list of clientele in order to pay the bills to keep it up and operating. Not to mentioned you would need to pay a staff to manage the sessions. For financial purposes and limited resources it’s better to rent at this time. It will save you time and money to allocate to other projects.
I feel being an Artist manager is a liability especially working with a new artist. It’s a lot of work, time and money invested into exposing an upcoming artist in the Music Industry. Time and money that you may never get back because there’s no guaranteed that the artist is going to make it. It’s not out of the norm for an Artist Manager to come out of their own pocket to help artists to accomplish a goal. Also if you don’t take the necessary steps like having a written agreement to protect yourself an artist can drop you right before they blow up. Then it’s back to square one.
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