William & Kate visit Canada: THE MONARCHY IS POPULAR AGAIN

A NEW WAVE IN ROYAL MONARCHY POPULARITY LATELY!

The Royal couple (William and Kate) visited Canada recently and made headlines. Even with all the publicity of Quebec’s protesting, every event involving the royal couple went undeterred. The increase in publicity in Prince Williams excursions and activities are becoming an almost daily occurrence. Between the articles on Prince William, Kate and William's mother, Princess Diana, there seems to be an agenda to hype the couple's image in the media.

In his visit to Prince Edward Island, Prince William piloted a helicopter called KING OF THE SEA, and it's called that because it has a hull that makes it amphibious, so it can float on water. I saw some relevance in that because Prince William may in fact become the King if his father Charles abdicates from the position in favor of his son. The words KING "OF THE SEA" were of special note to me because the Common Wealth of Canada is not governed by "common law" (the law of the land) it is instead governed by the Criminal Code and other Canadian legislation, which falls under "admiralty law" (law of the sea).

He is being groomed to be the King of the Sea, he is the eldest among his siblings and the next after his father (in the line of succession to be King). He is to be the future King and he's also "a sovereign individual" over the entire realm known as the common-wealth. Aside from that, there wasn't much else of notable mention to say about this couple and there visit.



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About the Music Business: Some of the various roles within this industry

Of all the roles in music - writer, singer, instrumentalist, manager, lawyer etc. - which would you rather be? Well of course, you'd prefer to be the lawyer because they make piles of money and never get swindled. (Except of course by other, cleverer lawyers).

Next in line is the writer. If you write music, then you will get a royalty for the rest of your life, plus 70 years, and there are very few ways you can get swindled out of this, or have it siphoned away by 'expenses'. You could be a performer. They can do quite well, but they don't have the same security that the writer does. You don't want to be a non-writing member of a band. You'll end up bitter and twisted when you see how much more money the writers make.

So what else is good as a career?

A Record Producer of course!

Why...?

Because you get paid royalties. Not quite so reliably as the writer, but you get a share of everything that's sold, for the duration of the copyright of the recording, which is a long, long time. And you are one step ahead of a non-writing performer. Where they can probably make an album every eighteen months to two years at maximum, to allow for promotion and so as not to saturate their market, you can make several albums every year.

And although it's fair to say that producers are like fashion trends, record labels are nowhere near as fickle as the market. So your career could be long. The going rate for a producer seems to be around 3% of retail, with the normal deductions that record labels seem to be able to get away with. If you tried to hold out for 4%, then another producer would get the work. If you were satisfied with 2%, then it wouldn't be long before you wanted more.

If there were two or more producers on an album, then the royalty would be shared between them. Royalties are often called 'points'. 'Point' is short for 'percentage point'. Complicated bit follows...

Suppose I have a cake and I give you 50% of it. Suppose I'm not so hungry and I give you 60% instead of 50%. Have I given you 10% more? Not from your viewpoint, because 10% of 50% is 5%. I have given you ten percentage points more, not 10% more.

So the difference between 50% and 60% is ten percentage points. The difference between 3% and 4% is one percentage point. Phew, I'm glad I got that off my chest.

... It's OK - the complicated bit is over now.

If you were a real hotshot producer, then you might ask for a fee as well as points. Of course, the label would try and negotiate your points down to compensate. So in conclusion, financially it is a very good option to be a record producer. If you're successful, you could make an incredible amount of money.