<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>Indie Update &#187; News</title>
	<atom:link href="http://www.indieupdate.com/category/indie-music/news/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.indieupdate.com</link>
	<description>Indie Music Blog - Independent Music News and Reviews</description>
	<lastBuildDate>Thu, 17 Dec 2009 07:13:11 +0000</lastBuildDate>
	<generator>http://wordpress.org/?v=2.8.6</generator>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<xhtml:meta xmlns:xhtml="http://www.w3.org/1999/xhtml" name="robots" content="noindex" />
		<item>
		<title>Road to Rock Fame</title>
		<link>http://www.indieupdate.com/indie-music/news/road-to-rock-fame/</link>
		<comments>http://www.indieupdate.com/indie-music/news/road-to-rock-fame/#comments</comments>
		<pubDate>Thu, 14 Aug 2008 07:20:07 +0000</pubDate>
		<dc:creator>InBlaze</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.indieupdate.com/?p=450</guid>
		<description><![CDATA[While some may believe that, once upon a time, it was easier to break into the rock-and-roll world, the reality is it’s always been tough and will continue to remain difficult.
But contests such as “Road to Rock Fame” can be a tremendous first step for those unsigned bands whose members want to make it in [...]]]></description>
			<content:encoded><![CDATA[<p>While some may believe that, once upon a time, it was easier to break into the rock-and-roll world, the reality is it’s always been tough and will continue to remain difficult.</p>
<p>But contests such as “Road to Rock Fame” can be a tremendous first step for those unsigned bands whose members want to make it in the rock world. According to the contest Web site, musicians from all over the country will submit a bio, photo and one demo song. That alone gets the proverbial foot in the door. However, with the entries judged by “a panel of music industry professionals” it won’t be easy to grab the listener’s ear among dozens, maybe even hundreds of performers.</p>
<p>Each submission must contain a complete original song. Each participant must own all copyright and performance rights to music submission. A submission must not exceed 10 minutes in length.</p>
<p>Some really good news has come out of the “Road to Rock Fame” site – the contest is extended to August 31. This adds a month the original deadline of July 31. The grand prize will include a week of professional recording services. Accommodations are included. The performer or band will also be featured in an industry magazine. Email questions to <a href="mailto:questions@roadtorockfame.com">questions@roadtorockfame.com</a>.
<p>Tags: <a href="http://technorati.com/tag/Road+to+Rock+Fame" rel="tag" onclick="pageTracker._trackPageview('/outgoing/technorati.com/tag/Road+to+Rock+Fame?referer=');">Road to Rock Fame</a>, <a href="http://technorati.com/tag/indie" rel="tag" onclick="pageTracker._trackPageview('/outgoing/technorati.com/tag/indie?referer=');">indie</a>, <a href="http://technorati.com/tag/music" rel="tag" onclick="pageTracker._trackPageview('/outgoing/technorati.com/tag/music?referer=');">music</a>, <a href="http://technorati.com/tag/indie+music" rel="tag" onclick="pageTracker._trackPageview('/outgoing/technorati.com/tag/indie+music?referer=');">indie music</a>, <a href="http://technorati.com/tag/independent+music" rel="tag" onclick="pageTracker._trackPageview('/outgoing/technorati.com/tag/independent+music?referer=');">independent music</a></p>
]]></content:encoded>
			<wfw:commentRss>http://www.indieupdate.com/indie-music/news/road-to-rock-fame/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Indie Venue Directory Released</title>
		<link>http://www.indieupdate.com/indie-music/news/indie-venue-directory-released/</link>
		<comments>http://www.indieupdate.com/indie-music/news/indie-venue-directory-released/#comments</comments>
		<pubDate>Tue, 22 Jan 2008 06:09:38 +0000</pubDate>
		<dc:creator>InBlaze</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[music venue]]></category>
		<category><![CDATA[music venue directory]]></category>
		<category><![CDATA[venue]]></category>

		<guid isPermaLink="false">http://www.indieupdate.com/2008/01/22/indie-venue-directory-released/</guid>
		<description><![CDATA[I just was notified that the Indie Venue Bible has been released. This is a directory aimed at touring artists providing listings of over 26,000 music venues and 2000 booking agents in the US and Canada.
The venue directory&#160;includes anything from clubs to churches and community centers. There are even over 1000 colleges if you&#160;are thinking&#160;of&#160;starting [...]]]></description>
			<content:encoded><![CDATA[<p><a href="https://nt4.magma.ca/bigmeteor/ivbupdate_order.cfm" onclick="pageTracker._trackPageview('/outgoing/nt4.magma.ca/bigmeteor/ivbupdate_order.cfm?referer=');"><img height="120" alt="venue-directory.gif" width="164" align="right" border="0" src="/wp-content/uploads/image/venue-directory.gif" /></a>I just was notified that the <a href="https://nt4.magma.ca/bigmeteor/ivbupdate_order.cfm" onclick="pageTracker._trackPageview('/outgoing/nt4.magma.ca/bigmeteor/ivbupdate_order.cfm?referer=');">Indie Venue Bible</a> has been released. This is a directory aimed at touring artists providing listings of over 26,000 music venues and 2000 booking agents in the US and Canada.</p>
<p>The venue directory&nbsp;includes anything from clubs to churches and community centers. There are even over 1000 colleges if you&nbsp;are thinking&nbsp;of&nbsp;starting a college tour.</p>
<p>The product is from our friends over at The Indie Bible which has been a proven tool for independent artists.</p>
<p>Tags: <a href="http://technorati.com/tag/music" rel="tag" onclick="pageTracker._trackPageview('/outgoing/technorati.com/tag/music?referer=');">music</a>, <a href="http://technorati.com/tag/indie+music" rel="tag" onclick="pageTracker._trackPageview('/outgoing/technorati.com/tag/indie+music?referer=');">indie music</a>, <a href="http://technorati.com/tag/indie" rel="tag" onclick="pageTracker._trackPageview('/outgoing/technorati.com/tag/indie?referer=');">indie</a>, <a href="http://technorati.com/tag/independent+music" rel="tag" onclick="pageTracker._trackPageview('/outgoing/technorati.com/tag/independent+music?referer=');">independent music</a></p>
]]></content:encoded>
			<wfw:commentRss>http://www.indieupdate.com/indie-music/news/indie-venue-directory-released/feed/</wfw:commentRss>
		<slash:comments>7</slash:comments>
		</item>
		<item>
		<title>Indie &#8220;Picks&#8221; in the Wall Street Journal</title>
		<link>http://www.indieupdate.com/indie-music/news/indie-picks-in-the-wall-street-journal/</link>
		<comments>http://www.indieupdate.com/indie-music/news/indie-picks-in-the-wall-street-journal/#comments</comments>
		<pubDate>Sat, 04 Aug 2007 21:25:57 +0000</pubDate>
		<dc:creator>InBlaze</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.indieupdate.com/indie-awards/indie-picks-in-the-wall-street-journal/</guid>
		<description><![CDATA[A Wall Street Jounal article, Indie Bands: Hit Music, has reported on 3 Indie Bands that are featured on this week&#8217;s Billboard&#8217;s top 200. In the brief article, they mentioned 3 bands that had their best first week&#8217;s ever, hitting the Billboard Top 10 and attributed it partially to online digital retailers.
One of the the [...]]]></description>
			<content:encoded><![CDATA[<p>A Wall Street Jounal article, <em>Indie Bands: Hit Music</em>, has reported on 3 Indie Bands that are featured on this week&#8217;s Billboard&#8217;s top 200. In the brief article, they mentioned 3 bands that had their best first week&#8217;s ever, hitting the Billboard Top 10 and attributed it partially to online digital retailers.</p>
<p>One of the the three bands featured in this week&#8217;s Billboard&#8217;s top 200 is our very own <a href="http://www.myspace.com/spoon" onclick="pageTracker._trackPageview('/outgoing/www.myspace.com/spoon?referer=');">Spoon</a>, an Indie rock quartet from Austin Texas. They actually debuted in the top 10 earlier in the month with <em>&#8216;Ga Ga Ga Ga Ga&#8217; (Merge).</em> Expect to see a bio here on Indie Update shortly.</p>
<p>You can read the WSJ Online article <a href="http://online.wsj.com/article/SB118618073359187811.html?mod=googlenews_wsj" onclick="pageTracker._trackPageview('/outgoing/online.wsj.com/article/SB118618073359187811.html?mod=googlenews_wsj&amp;referer=');">here</a>.<em><br />
</em></p>
]]></content:encoded>
			<wfw:commentRss>http://www.indieupdate.com/indie-music/news/indie-picks-in-the-wall-street-journal/feed/</wfw:commentRss>
		<slash:comments>7</slash:comments>
		</item>
		<item>
		<title>Corey Taylor Starts A New Record Label</title>
		<link>http://www.indieupdate.com/indie-music/news/corey-taylor-starts-a-new-record-label/</link>
		<comments>http://www.indieupdate.com/indie-music/news/corey-taylor-starts-a-new-record-label/#comments</comments>
		<pubDate>Thu, 03 Aug 2006 19:04:56 +0000</pubDate>
		<dc:creator>InBlaze</dc:creator>
				<category><![CDATA[Independent Labels]]></category>
		<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.indieupdate.com/?p=16</guid>
		<description><![CDATA[






Hardly words that inspire the independent musician to cry with joy, but another record label has been established by Corey Taylor, of Slipknot fame. Great Big Mouth Records even has their first act lined up and ready to go in the shape of local Iowa band Facecage. The aim of the record label, according to [...]]]></description>
			<content:encoded><![CDATA[<table align="right" border="0">
<tbody>
<tr>
<td class="padleft"><img title="Slipknot Mask" alt="Slipknot Mask" align="right" src="http://www.morbidindustries.com/product/images/default/36075.jpg" /></td>
</tr>
</tbody>
</table>
<p><font size="2">Hardly words that inspire the independent musician to cry with joy, but another record label has been established by Corey Taylor, of Slipknot fame. Great Big Mouth Records even has their first act lined up and ready to go in the shape of local Iowa band Facecage. The aim of the record label, according to Taylor, is to promote bands local to the Iowa region and bring a little unity to the local music scene.</font> <font size="2">He goes on to state that record labels are dubious about traveling to the Midwest because there are no direct flights. As such, there are a lot of really good bands waiting to be discovered. That&rsquo;s where Taylor and his label step in to take over and lend a helping hand.</font> <font size="2">While we would certainly agree that there are doubtless plenty of good bands in the Midwest it remains to be seen whether Great Big Mouth Records will go the same way as many other labels &ndash; to the bank with their artist&rsquo;s money.</font></p>
]]></content:encoded>
			<wfw:commentRss>http://www.indieupdate.com/indie-music/news/corey-taylor-starts-a-new-record-label/feed/</wfw:commentRss>
		<slash:comments>10</slash:comments>
		</item>
		<item>
		<title>This Weeks Amazon Music Industry Top Sellers</title>
		<link>http://www.indieupdate.com/indie-music/news/this-weeks-amazon-music-industry-top-sellers/</link>
		<comments>http://www.indieupdate.com/indie-music/news/this-weeks-amazon-music-industry-top-sellers/#comments</comments>
		<pubDate>Mon, 31 Jul 2006 18:42:10 +0000</pubDate>
		<dc:creator>InBlaze</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.indieupdate.com/?p=15</guid>
		<description><![CDATA[Everyone&#8217;s heard of Amazon. It&#8217;s as synonymous with the Internet as Ebay and Google, and is one of the most visited websites in the world. So, it seemed a sensible place to look for books that cover the music industry and, in particular, the music business. Much to my joy, they even have an appropriate [...]]]></description>
			<content:encoded><![CDATA[<p><font size="2"><img title="Music Book" alt="Music Book" align="right" src="http://ec3.images-amazon.com/images/P/0971483833.01._AA240_SCLZZZZZZZ_.jpg" />Everyone&rsquo;s heard of Amazon. It&rsquo;s as synonymous with the Internet as Ebay and Google, and is one of the most visited websites in the world. So, it seemed a sensible place to look for books that cover the music industry and, in particular, the music business. Much to my joy, they even have an appropriate section &ndash; woo hoo, I&rsquo;m in business.</font> <font size="2">Short of giving you a complete run down of the top ten, I&rsquo;ll give you a brief annotated version of what features at the present moment.</font> <font size="2">The second bestseller is a book called All You Need To Know About The Music Business. Unfortunately, the 464 page mammoth book consists of how to pick managers and the such, so not ideal.</font> <font size="2">Number 4 is where the Indie money lies. A book entitled Guerilla Music Marketing Handbook claims to bestow virtually everything you could possibly need to know in order to market your own music.</font> <font size="2">At number 6 is a book on how to start your own record label. This 304 page book is the expanded version but does offer some genuinely useful insight for those looking this far ahead.</font> <font size="2">Finally, at number 8 is perhaps the most viable option in the list. The Indie music,/tag&gt; handbook really is packed full of invaluable information including niche areas to promote your service. It won&rsquo;t be the be all and end all of your success, especially as that kind of information becomes outdated relatively quickly, but it is a good starting point.</font> <font size="2">Another book of note is the frighteningly titled &ldquo;Losing My Virginity&rdquo; by Richard Branson.</font> <font size="2">You can view the list at the <a title="Amazon Bestseller List - The Music Industry" target="_blank" href="http://www.amazon.com/gp/redirect.html?link_code=ur2&amp;tag=avenue5-20&amp;camp=1789&amp;creative=9325&amp;location=%2Fexec%2Fobidos%2Ftg%2Fnew-for-you%2Ftop-sellers%2F-%2Fbooks%2F4509" onclick="pageTracker._trackPageview('/outgoing/www.amazon.com/gp/redirect.html?link_code=ur2_amp_tag=avenue5-20_amp_camp=1789_amp_creative=9325_amp_location=_2Fexec_2Fobidos_2Ftg_2Fnew-for-you_2Ftop-sellers_2F-_2Fbooks_2F4509&amp;referer=');">Amazon site.</a></font></p>
]]></content:encoded>
			<wfw:commentRss>http://www.indieupdate.com/indie-music/news/this-weeks-amazon-music-industry-top-sellers/feed/</wfw:commentRss>
		<slash:comments>11</slash:comments>
		</item>
		<item>
		<title>REM To Release A Compilation Of Their Early Independent Tracks</title>
		<link>http://www.indieupdate.com/indie-music/news/rem-to-release-a-compilation-of-their-early-independent-tracks/</link>
		<comments>http://www.indieupdate.com/indie-music/news/rem-to-release-a-compilation-of-their-early-independent-tracks/#comments</comments>
		<pubDate>Sat, 29 Jul 2006 19:04:56 +0000</pubDate>
		<dc:creator>InBlaze</dc:creator>
				<category><![CDATA[Independent Labels]]></category>
		<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.indieupdate.com/?p=17</guid>
		<description><![CDATA[






REM have, over time, proven to be one of the most popular rock bands on the music scene. However, many modern fans have yet to realize the real impact that the band had on the music scene during their early years. Before they became a globally popular rock band and succumbed to the pressures of [...]]]></description>
			<content:encoded><![CDATA[<table align="right" border="0">
<tbody>
<tr>
<td class="padleft"><img title="REM Image" height="250" alt="REM Image" width="200" align="right" src="http://img359.imageshack.us/img359/3687/rem1dq2.png" /></td>
</tr>
</tbody>
</table>
<p><font size="2">REM have, over time, proven to be one of the most popular rock bands on the music scene. However, many modern fans have yet to realize the real impact that the band had on the music scene during their early years. Before they became a globally popular rock band and succumbed to the pressures of signing a record deal they released all of there music on the independent IRS label.</font> <font size="2">The compilation is titled &ldquo;And I Feel Fine&rdquo; and will not only be available in single and double disc format but will also feature a bonus DVD disc with footage of live tours and clips of live appearances. The band has put the footage and clips together themselves, so it is set to be a real treat for the millions of REM fans, new and old.</font> <font size="2">REM relentlessly toured and played live gigs during their independent days, determined to hit the spotlight but it wasn&rsquo;t until the release of &ldquo;The One I Love&rdquo; that the band broke onto the scene. They subsequently released several more records on IRS, including &ldquo;What&rsquo;s The Frequency Kenneth&rdquo;, before signing with Warner Brothers Music.</font> <font size="2">The album isn&rsquo;t due for release until September 12th, when the band will also be inducted into Georgia&rsquo;s Music Hall of Fame in Atlanta. These early albums greatly influenced a lot of punk and rock bands and are a superb sign of what can be done by independent musicians. Whether you like REM or not, they are an excellent addition to the independent music collector&rsquo;s collection.</font></p>
]]></content:encoded>
			<wfw:commentRss>http://www.indieupdate.com/indie-music/news/rem-to-release-a-compilation-of-their-early-independent-tracks/feed/</wfw:commentRss>
		<slash:comments>12</slash:comments>
		</item>
		<item>
		<title>Party In The Car Park Bands Announced</title>
		<link>http://www.indieupdate.com/indie-music/news/party-in-the-car-park-bands-announced/</link>
		<comments>http://www.indieupdate.com/indie-music/news/party-in-the-car-park-bands-announced/#comments</comments>
		<pubDate>Mon, 03 Jul 2006 15:59:14 +0000</pubDate>
		<dc:creator>InBlaze</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.indieupdate.com/?p=18</guid>
		<description><![CDATA[July 23rd through July 30th is going to see one of the greatest and most influential of rock concerts in South Africa for some time. The Party in the Car Park is being held at the Fourways Mall and looks set to showcase some of the finest talent in the area. Niemand, The Finkelstiens, The [...]]]></description>
			<content:encoded><![CDATA[<p><font size="2">July 23rd through July 30th is going to see one of the greatest and most influential of rock concerts in South Africa for some time. The Party in the Car Park is being held at the Fourways Mall and looks set to showcase some of the finest talent in the area. Niemand, The Finkelstiens, The Parlotones, Wickhead, and Cutting Jade are among some of the bands that will be appearing.</font> <font size="2">The Parlotones were given the prestigious Best Rock Album award earlier this year at the South African music awards. They have gained huge following in the past twelve months and join a long line-up of massively popular rock and punk indie bands at the Car Park.</font> <font size="2">Wickhead are another band of note having gained recognition as being one of the best live bands that South Africa has to offer. Having been playing and touring since 2000, they&rsquo;ve honed their performances even further to bring fans a true musical extravaganza.</font> <font size="2">The good news for anyone reading this in South Africa is that entry is free to everyone, and the bands are generally more than happy to meet their fans before and after they&rsquo;re on stage. Band merchandise is also available from numerous stalls set up around the venue.</font></p>
]]></content:encoded>
			<wfw:commentRss>http://www.indieupdate.com/indie-music/news/party-in-the-car-park-bands-announced/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Happy 91st Birthday To Les Paul</title>
		<link>http://www.indieupdate.com/indie-music/news/happy-91st-birthday-to-les-paul/</link>
		<comments>http://www.indieupdate.com/indie-music/news/happy-91st-birthday-to-les-paul/#comments</comments>
		<pubDate>Sat, 10 Jun 2006 00:46:04 +0000</pubDate>
		<dc:creator>InBlaze</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.indieupdate.com/?p=10</guid>
		<description><![CDATA[The name Les Paul has become synonymous with music. As well as being an incredible guitarist himself, he invented and manufactured incredible instruments and recording instruments. Virtually every musician will have had their musical lives touched in some way by this musical genius. Today, June 9th, he turned 91. The first Gibson Les Paul was [...]]]></description>
			<content:encoded><![CDATA[<p><font size="2">The name <tag></tag>Les Paul has become synonymous with <tag></tag>music. As well as being an incredible guitarist himself, he invented and manufactured incredible instruments and recording instruments. Virtually every musician will have had their musical lives touched in some way by this musical genius. Today, June 9th, he turned 91. The first <tag></tag>Gibson Les Paul was produced in 1952 that brought an entirely new and unique sound and feel to guitar playing that was unbelievable in it&rsquo;s day. New models of <tag></tag>Les Paul guitars continued to make guitarists salivate for decades to come. The invention and introduction of the first electric guitar, however, was only one of Les Paul&rsquo;s accolades but an intriguing one nonetheless. The first prototype he created was a hideously heavy piece of solid wood. This was christened the log and while it was unfeasible to use it as an instrument itself, it did give Paul the foundation for his first playable and, more importantly, lighter <tag></tag>electric guitar. Inventing the first 8 track recorder also rocketed Paul into the record books and enabled him to record tracks with his wife that were heavily reliant on <tag></tag>overdubbing. This had previously been impossible to achieve until Les Paul himself invented <tag></tag>multi-track recording. He is also accredited with the discovery of various effects. Despite being 91 years of age and suffering from debilitating arthritis that has rendered almost his entire left hand useless he can still be seen and heard playing at the Iridium Jazz Club in New York. Happy 91st Birthday Les Paul. </font></p>
]]></content:encoded>
			<wfw:commentRss>http://www.indieupdate.com/indie-music/news/happy-91st-birthday-to-les-paul/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Rupert Murdoch And MySpace Vs Billy Bragg</title>
		<link>http://www.indieupdate.com/indie-music/news/rupert-murdoch-and-myspace-vs-billy-bragg/</link>
		<comments>http://www.indieupdate.com/indie-music/news/rupert-murdoch-and-myspace-vs-billy-bragg/#comments</comments>
		<pubDate>Fri, 09 Jun 2006 17:57:25 +0000</pubDate>
		<dc:creator>InBlaze</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.indieupdate.com/?p=9</guid>
		<description><![CDATA[MySpace, owned by Rupert Murdoch’s News Corporation, has hit the headlines again. This time, though, it isn’t for giving independent musicians the chance to have their music heard, or even for dubious content or spamming. No, this time, the British singer and songwriter Billy Bragg who had formerly touted his music on the pages of [...]]]></description>
			<content:encoded><![CDATA[<p><font size="2">MySpace, owned by Rupert Murdoch’s News Corporation, has hit the headlines again. This time, though, it isn’t for giving independent musicians the chance to have their music heard, or even for dubious content or spamming. No, this time, the British singer and songwriter Billy Bragg who had formerly touted his music on the pages of myspace like so many other artists, has removed all of his material from the pages of their site.</p>
<p>A spokesperson for Billy Bragg stated that a certain term within the MySpace terms and conditions gives MySpace full rights and ownership of the music once it is on the site. The clause in question dictates that artists will give MySpace “a non-exclusive, fully-paid and royalty-free, worldwide license”. This, in effect, means they can do as they like with the content of the site (including songs) without having to pay the artist or even ask their permission.</p>
<p>MySpace claim the clause exists only to ensure that the site can publish it exactly as the artist wishes on the pages of the MySpace website. MySpace are working to alter the terms of their site in order to help clear up what they describe as a “misunderstanding”.</p>
<p>MySpace has quickly found fame and become on of the most popular and most widely used websites in the world. The social networking site allows users to create and update their very own page and allows them to include virtually any content they choose. For this reason, it has become popular with aspiring and discovered artists alike. The news of these worrying terms may be a mistake but MySpace needs to act quickly to avoid being labeled as just another website looking to make money from musicians.</p>
<p></font></p>
]]></content:encoded>
			<wfw:commentRss>http://www.indieupdate.com/indie-music/news/rupert-murdoch-and-myspace-vs-billy-bragg/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>New Tax Laws Are Introduced To Benefit The Songwriter</title>
		<link>http://www.indieupdate.com/indie-music/news/new-tax-laws-are-introduced-to-benefit-the-songwriter/</link>
		<comments>http://www.indieupdate.com/indie-music/news/new-tax-laws-are-introduced-to-benefit-the-songwriter/#comments</comments>
		<pubDate>Mon, 05 Jun 2006 16:38:18 +0000</pubDate>
		<dc:creator>InBlaze</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.indieupdate.com/?p=8</guid>
		<description><![CDATA[The disparate rules that govern capital gains and income tax on the sale of a songwriter’s catalog is due to change. New laws have been passed, that mean that any songwriter wishing to sell a catalog of their work can now do so at the same capital gains rate as their publisher.
Currently when a song [...]]]></description>
			<content:encoded><![CDATA[<p><font size="2">The disparate rules that govern capital gains and income tax on the sale of a songwriter’s catalog is due to change. New laws have been passed, that mean that any songwriter wishing to sell a catalog of their work can now do so at the same capital gains rate as their publisher.</font></p>
<p><font size="2">Currently when a song is included on a CD or other publication, the writer of that song receives a royalty. This attracts the usual income tax rates that can be as high as 39%. The new bill will not change this. The average songwriter only earns around $5,000 per annum so they are unlikely to be faced with the higher rate anyway. However, a songwriter can choose to sell a catalog of their popular creations to a third party. This means that all royalties are then paid to that party instead of the songwriter in exchange for a reasonable fee. Previously, this had attracted capital gains tax for publishers but the higher income tax rates for songwriters.</font><font size="2"> </font></p>
<p><font size="2">While this all sounds positive news for the songwriter, there is as ever some debate over how useful it will be for the average songwriter. It will certainly help the popular songwriter that earns large amounts of royalties because it will reduce the tax they pay by about half. However, a lesser-known songwriter is less likely to sell a catalog of their work. Even if they do, this would not always push them to the highest level of tax.</font><font size="2"> </font></p>
<p><font size="2">All in all, the movement is a positive one that looks out for songwriters in preference to labels and producers. However, some songwriters are worried that it will have little or no effect on them if they are not already established with a strong royalty claim.</font><font size="2"> </font><font size="2"></p>
<p /></font></p>
]]></content:encoded>
			<wfw:commentRss>http://www.indieupdate.com/indie-music/news/new-tax-laws-are-introduced-to-benefit-the-songwriter/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>
