A sub-publishing deal occurs when a publisher enters into an agreement with another publisher to administer and license copyrights from their writers in a foreign market. European music publishers can sub-publish American music and vice versa. Usually these deals are done company-to-company. A very small publisher in the U.S., for example, may sign a sub-publishing deal with one of the majors to cover administration in foreign territories.

Music Business Past vs. Present
There is a new trend in the music business that has record labels sweating in the boardroom. This new trend is called ìDo It Yourselfî (D.I.Y.) . With Digital Technology anyone can start a record label and have a personal studio on their computer. There are a number of free or (very inexpensive) studio recording software applications that allow an artist to record and distribute their own material without the help or control of any other record label.