Mysteries of music business solved at MusicOntario, MFM event in Thunder Bay, Ont.

Thunder Bay musicians will get a chance to learn about the business side of the music industry today.

So you've written a song you think is a hit, what do you do now?

Rosalyn Dennett is MusicOntario's membership services coordinator.

Musicians in Thunder Bay, Ont. will get a chance to learn about the business side of the music industry on Tuesday.

A free panel discussion, hosted by MusicOntario and Music and Film in Motion (MFM), is bringing together musicians, agents, managers, and other professionals to help local artists navigate the often-complex industry.

"The idea is to help artists... navigate their careers within the music business," said Rosalyn Dennett, MusicOntario's Membership Services Coordinator. "We're not going to be focussing on things like how to write the best song, but we will be focussing on what to do with your song once you've written it."

Dennett said musicians often have many questions.

'How do you make the most money from it?'

"A big thing is diversifying your revenue streams, figuring out once you have that song, how do you make the most money from it?" she said. "Is it just from playing it live or can you get it placed on a television show? What kind of royalties can you get from that song?"

The panel includes Jeremy Giacomin, an agent with Paquin Entertainment Agency, Stu Anderson, a manager with Mighty Cypress Entertainment, Scott Burke and Dave Grant of the band Poor Young Things, Emily Haffenden of Aporia Records, and representatives of MFM and MusicOntario.

Dennett said tonight is the first time MFM and MusicOntario have hosted this panel in Thunder Bay. She called it a "pilot project," however, she said, depending on the reception, they could return.

"We're certainly looking forward to getting an idea of what the community's like here and what the needs of the community are," Dennett said. "We try as much as we can to survey different communities and figure out areas that need development."

The panel begins at 6 pm at the Foundry.

Early arrivers can take part in a meet-and-greet beginning at 5 p.m., and the evening wraps up with a musical performance, which starts at 8 p.m.