MBU Test 6 Review (2025/2026)
questions with verified solutions
The "asking price" or what the booking agent says an act or band will cost a concert promoter to
book is: - ANS ✔✔Three to five times the cost of putting on a show, plus the cost of the record
labels percentage of the acts gross, (multiple rights deals) plus the acts representation team
including the booking agent, personal manager, tour manager and business manager.
Artist personal managers pay is usually based on a: - ANS ✔✔A percentage of the gross revenue
generated by the act
As a new indie act or band, the first thing you need to (according to Passman) is: - ANS
✔✔Accept that you're in business so "deal with it"
The trade magazine that represents the music industry with charts and business news is: - ANS
✔✔Billboard Magazine
Who hires the personal manager? - ANS ✔✔The "artist"
Under which of the following circumstances is an artist most likely to be able to exercise a "key
man clause": - ANS ✔✔Your personal manager leaves the firm and starts his own management
company
In this music industry, artist representation is usually a team of experts employed by the record
label to take care of the act's business interest: - ANS ✔✔False
, Where does the money to pay for the following come from? - ANS ✔✔Personal Manager,
Business Manager, Booking Agent, Talent Agent, Road Manager/Tour Manager, Tour Musicians,
Road Crew/Security, Back Up Vocalists - Paid out of the gross income of the artists
Concert/Event Promoter - Create the revenue for themselves by profiting from the events they
create and fund
Record Producer in the recording studio for an album project - Paid by the label from the
recording artists fund at the label when the act is a signed artist with a major label
The business manager's job description is to: - ANS ✔✔Account for all the money earned by the
act and pay commissions and the bills
In a recording and performance artist's career, the business managers job is to: - ANS
✔✔Control all the revenues being made by the artists
One aspect of the personal manager's job is to protect the artist from: - ANS ✔✔Unscrupulous
promoters and record labels
Film flam deals
Stocking fans
Themselves
The public
An artist's contract with a booking agent should exclude commissions on income from: - ANS
✔✔Endorsements
Merchandise
Sales of branded products
Music publishing
Acting roles for film or on stage
Recording royalties from recording sales and streams
questions with verified solutions
The "asking price" or what the booking agent says an act or band will cost a concert promoter to
book is: - ANS ✔✔Three to five times the cost of putting on a show, plus the cost of the record
labels percentage of the acts gross, (multiple rights deals) plus the acts representation team
including the booking agent, personal manager, tour manager and business manager.
Artist personal managers pay is usually based on a: - ANS ✔✔A percentage of the gross revenue
generated by the act
As a new indie act or band, the first thing you need to (according to Passman) is: - ANS
✔✔Accept that you're in business so "deal with it"
The trade magazine that represents the music industry with charts and business news is: - ANS
✔✔Billboard Magazine
Who hires the personal manager? - ANS ✔✔The "artist"
Under which of the following circumstances is an artist most likely to be able to exercise a "key
man clause": - ANS ✔✔Your personal manager leaves the firm and starts his own management
company
In this music industry, artist representation is usually a team of experts employed by the record
label to take care of the act's business interest: - ANS ✔✔False
, Where does the money to pay for the following come from? - ANS ✔✔Personal Manager,
Business Manager, Booking Agent, Talent Agent, Road Manager/Tour Manager, Tour Musicians,
Road Crew/Security, Back Up Vocalists - Paid out of the gross income of the artists
Concert/Event Promoter - Create the revenue for themselves by profiting from the events they
create and fund
Record Producer in the recording studio for an album project - Paid by the label from the
recording artists fund at the label when the act is a signed artist with a major label
The business manager's job description is to: - ANS ✔✔Account for all the money earned by the
act and pay commissions and the bills
In a recording and performance artist's career, the business managers job is to: - ANS
✔✔Control all the revenues being made by the artists
One aspect of the personal manager's job is to protect the artist from: - ANS ✔✔Unscrupulous
promoters and record labels
Film flam deals
Stocking fans
Themselves
The public
An artist's contract with a booking agent should exclude commissions on income from: - ANS
✔✔Endorsements
Merchandise
Sales of branded products
Music publishing
Acting roles for film or on stage
Recording royalties from recording sales and streams
