There’s a common misconception about how major musicians earn their money: In short, it’s all about having a hit mony that breaks the top 40 music chart. But, as Bellas noted, «artists have always made the bulk of their money from live performances and touring. Jacobson, a music-industry lawyer based in Beverly Hills, whose work involves negotiating record contracts on behalf of artists ranging from up-and-coming artists to Grammy-winning musicians. Other common sources of revenue, according to Bellas, include sync licensing for example, when an artist sells the right to play their song on a T. Think, for example, of Rihanna’s makeup and lingerie lines, or the soundtrack to your favorite movie, or any ad campaign starring your favorite famous musician. Artists also have to deal with the issue of copyright, where revenues for their music are further split among publishing companies, music labels, and songwriters. So, despite mohey belief, getting signed to a label ...