News and updates from the members of our collective!
On the Music Modernization Act
By Joseph Rhoades
"Right now we just need the songwriter and artist community to hold each other accountable, and to not get lazy thinking someone else will make a change for us."
- Ross Golan, songwriter, in Forbes, August 2018
While no piece of legislation is perfect, and no single law will magically change all the problems of the music business with a stroke of a pen, efforts like the Music Modernization Act (MMA) are long overdue. As most of us know, the system of compensation to artists, songwriters, and producers for the licensing of music is convoluted and often opaque.
SMC Benefit Concert for the #ECRBforNYC Campaign
By Nikhil P. Yerawadekar
Part of the Sound Mind Collective’s mission is to “connect independent musicians and artists with local community and encourage meaningful, positive growth through education, social justice advocacy, and creation.” Our collective is comprised of NYC-based music makers and supporters who wish to circumvent the cognitive dissonances of the music business and imbue our creative work with real meaning. We believe that our expressive work has value whether or not it’s supported by a corporate structure. We also believe that people in our communities can better their lives without propping up middleman organizations, agencies, or wealthy funders.
Developing A Platform For Independent Musicians
By Nikhil P. Yerawadekar
Over the years I have found that no matter the genre, style or scene, working musicians in NYC from all backgrounds are able to bond over our shared experience getting a “raw deal.” From venues with amateur sound systems and engineers, to inaccurate door counts, to obnoxious audiences, to a lack of correlation between the hard work we do and the money we receive for it-- we all have a list of legitimate complaints related to how we make a living. Sometimes these complaints are unavoidable (like, for instance, not getting enough sleep on tour), and sometimes they are the result of exploitative practices that are so common, it can be difficult to imagine the music profession without them.
Tax Workshop in Review
This February at MayDay Space in Brooklyn, SMC joined forces with Brass Taxes and Dima Kay, band manager for Karikatura, to present our first Tax Workshop for Freelance Musicians. The presenters covered topics including why taxes are important, record keeping (income & expenses), developing good habits, monitoring your business' performance, and making sure you save enough money to pay your taxes. Attendees of the workshop were very engaged -- we're thrilled that so many people showed up to learn and ask questions!