Tag Archives: Geffen Management Group

The Importance of Exercise

by Jeremy Geffen

My name is Jeremy Geffen. I am the President of a management company for musicians and other talent. In addition to running my company, I also act as a consultant to Gene Roddenberry productions and am working on two unscripted television series and three scripted series. Yet I still make time to include an exercise regimen in my daily life.

Exercise is important in many ways. Naturally, many people immediately think about the physical benefits, of which there are many. Exercise helps you manage your weight and also fights health diseases and conditions. Individuals who stay active can lower cholesterol levels. People who are active are at a lower risk for strokes, type 2 diabetes, and some types of cancer and arthritis. Regular exercise increases stamina, which helps maintain energy through the day. The body learns to become more efficient with its energy supplies as it gets accustomed to regular aerobic activity. Finally, regular exercise also tones your muscles, giving you a healthier, more attractive appearance.

However, exercise is also beneficial for your career. People who exercise sleep better overall. Additionally, exercise is a great stress reliever. While people are concentrating on their exercise, they forget to think about stressors. And though it may sound contradictory, people who exercise have more energy than people who don’t. When they are done exercising, they enjoy the feel-good effect of released endorphins. Physical activity can improve mental clarity and focus, enabling people to perform at their very best during the work day. Finally, and perhaps most importantly, exercise improves an individual’s overall mood as it stimulates certain brain chemicals. Exercise is one of the best treatments for depression.

I urge you to begin an exercise regimen today and join me in reaping many of its benefits.

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Jeremy Geffen Discusses Royalties and Recording Contracts

A seasoned music and entertainment industry professional with more than a decade of experience, Jeremy Geffen has worked with some of the most prominent names in talent representation, management, and consulting. He has helped to guide the careers of many major artists, including D12, Three 6 Mafia, and Sisqo. Currently, Jeremy Geffen serves as President of his own consulting company, Geffen Management Group. Here, Mr. Geffen discusses how royalties work in a basic recording contract.

Like any contract, a recording contract is enforceable by law. When artists consider signing one, they should always try to obtain the advice of an experienced professional with their interests at heart. They may include an agent, manager, or entertainment lawyer. The professionals can look at the specifics of any contract and help explain what they may mean for an artist’s particular situation. For many artists, the chief goal in signing a contract is the opportunity to get paid for making music. Generally, this process works through royalties. A record company handles the recording, mastering, production, and sales.

The firm also pays the artist a percentage of each album sold, which is known as royalties. While artists may obtain income from other sources, like ticket sales on a tour or merchandise, the main source of revenue in a recording contract is royalties. A recording contract will stipulate that a percentage be paid in royalties, usually ranging from between 10 and 20 percent. The more established that an artist is, the higher the percentage he or she may receive.

The amount of revenue an artist makes depends both on the percentage of royalties and on how well the record sells. It is important to note that most contracts pay royalties on the wholesale price of the album rather than the retail price. Since the wholesale price is substantially lower, this may seriously impact the projected earnings from royalties.

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