80 2024-2025 | Tennessee Career Guide Music business is a multifaceted industry that encompasses a wide range of roles and responsibilities. From managing the creative and financial aspects of music production to promoting and distributing music around the world, music business is a dynamic field that offers many opportunities for those with a passion for the intersection of creativity and business. At the core of music business is the creation, promotion and distribution of musical works. Professionals in this industry may work in specialized roles, such as artist man- agement, record label management, music publishing, concert promotion, music mar- keting and more. The industry is constantly evolving, driven by technological advance- ments, shifting consumer preferences and the ever-changing entertainment landscape. Career Opportunities in Music Business Music business offers a diverse array of ca- reer paths. Some common roles include: n Artist Manager: Responsible for oversee- ing an artist's career, including booking per- formances, negotiating contracts and managing the artist's public image. n Record Label Executive: Involved in iden- tifying and signing new talent, overseeing the creative and production processes and developing marketing strategies to promote the label's artists. n Music Publisher: Manages the copyrights and licensing of musical compositions, en- suring songwriters and composers are prop- erly compensated. n Concert Promoter: Plans, organizes and markets live music events, from small local shows to large-scale tours and festivals. n Music Agent: Represents artists and helps secure performance opportunities, tour book- ings and other professional engagements. Photography by Shutterstock® When Artistry Meets Commerce, Music Thrives Music Business Profession Overview Work Sector: Entertainment n The music industry supports 2.47 million jobs across a wide range of professions n Tennessee’s music industry supports more than 61,617 jobs across the state n Typical Entry Level Education: Bachelor’s degree n Median Pay for Agents and Business Managers of Artists & Performers in TN: $87,510 per year n Tennessee is third in the nation, after California and New York, for the highest number and con- centration of jobs for agents and managers of artists and performers Source: US Bureau of Labor Statistcis Information On This Career Provided By: Belmont University 1900 Belmont Blvd., Nashville, TN 37212 www.belmont.edu [email protected] 615-460-6785 or 800-56ENROLL
