Professional Documents
Culture Documents
ECO-306
Sami Ullah
Department of Economics
Faculty of Contemporary Studies
National Defence University, Pakistan
Lecture 4
Program: program costs cover salaries paid to talent, cost of tae and records and music
fees.
Selling : sales costs are made of salaries of the sales staff and all of the other expenses
that go with selling.
General administration: expenses include the salaries of all management, secretarial and
clerical personnel, the depreciation of physical facilities, the cost of office supplies and
any interest that is due on loans to the station.
Advertising/promotions
News: Marketing News
Structure of Recording
Industry
Organization of the Record Industry
Recording Industry:
The recording industry consist of the various creative talent and business enterprises that
originate, produce and distribute records to consumers.
The recording industry is divided into four major segments.
Talent: The talent segment of the industry consists of all the singers, musicians, songwriters,
arrangers and lyricists who hoe to make money by recording and selling their songs.
Productions: Audio engineers, producers, directors, set designers, Camera man etc.
Distribution: Four main outlets for record distribution.
Direct retail: direct retail refers to regular record stores that specialize in the sales of records, tapes and
related equipment.
Rack jobbers: services the record racks that are located in variety or large department stores, .The rack
jobbers chooses the records that are sold in these locations. The department stores are then relieved of
the task of keeping track of what's popular, ordering new releases, reordering, returning unused
merchandise.
One- stop: purchase records from record companies and resell to retail stores.
Retail: The consumers purchase tapes and discs at the record departments of various department stores
and through hone or mail or through online shopping.
Structure of Recording
Departments and Staff
Industry