Feb. 24, 2026
Music Business Education

The player is loading ...

In this episode of the Music Business Newsletter with Matthew Rix, I read an email from a 20-year-old college student who is currently finishing his second year of college. He has been leaning hard toward switching his major to music business. He loves music, but he is realistic enough to know that being an artist isn’t the only way to be involved in the music industry.
#musicbusiness #musicindustry #musicindustrysecrets #matthewrix #upcomingmusician
Listen to Mattrix Minute for daily Music Business insight without the music industry hype.
Spotify
Apple Music
Amazon Music
YouTube
WEBVTT
1
00:00:00.160 --> 00:00:02.680
Hey, this is Matthew Ricks, and today on the Music
2
00:00:02.720 --> 00:00:05.000
Business newsletter, we got an email from an artist who
3
00:00:05.000 --> 00:00:06.679
wants to know if he should go to college to
4
00:00:06.679 --> 00:00:09.400
get a music business degree, and he figured he should
5
00:00:09.400 --> 00:00:12.439
ask the high school dropout. But before we get started,
6
00:00:12.759 --> 00:00:14.400
if you've got a question on the music industry that
7
00:00:14.439 --> 00:00:16.559
you'd like for me to answer, just go to Matthewicks
8
00:00:16.600 --> 00:00:19.320
dot com click submit your question, give me as many
9
00:00:19.359 --> 00:00:22.480
details as possible, and we will answer it here on
10
00:00:22.519 --> 00:00:26.679
the channel. Now for the email, he says, Hey, Matthew,
11
00:00:26.839 --> 00:00:29.679
I am twenty years old and currently finishing my second
12
00:00:29.719 --> 00:00:33.479
year of college. I went in undecided, but over the
13
00:00:33.520 --> 00:00:37.079
past year I've been leaning hard towards switching my major
14
00:00:37.159 --> 00:00:41.719
to music business. I love music, but I'm realistic enough
15
00:00:41.759 --> 00:00:45.000
to know that being an artist isn't the only way
16
00:00:45.000 --> 00:00:48.000
to be involved in the industry. I'm more interested in
17
00:00:48.039 --> 00:00:52.200
the business side. Management, labels, publishing, an are that kind
18
00:00:52.280 --> 00:00:55.320
of world. So basically anything that's not an artist. So
19
00:00:55.479 --> 00:00:56.679
you want to have a long career, you want to
20
00:00:56.679 --> 00:01:01.000
have a longevity. That was actually my thing. Like I
21
00:01:01.240 --> 00:01:04.200
was a drummer. I had I had drum endorsements with
22
00:01:04.319 --> 00:01:10.159
Pearl and Sabean symbols and pearl drums, and at like
23
00:01:10.200 --> 00:01:12.719
fifteen years old, sixteen years old, and then I got
24
00:01:12.760 --> 00:01:15.840
hired at Jive Records, and you know, I got a
25
00:01:15.920 --> 00:01:18.959
music industry family, and so you'd see these guys who were,
26
00:01:19.040 --> 00:01:21.439
you know, my age now forty five years old, still
27
00:01:21.480 --> 00:01:23.519
like fingers crossed that they're going to still get a gig.
28
00:01:24.400 --> 00:01:26.239
And I remember being like sixteen years old and just
29
00:01:26.239 --> 00:01:29.040
being like, eh, this is kind of pathetic. And so
30
00:01:29.400 --> 00:01:31.560
I kind of deviated at sixteen and just kind of
31
00:01:31.560 --> 00:01:34.560
gave up drums, quit the band I was in, and
32
00:01:34.840 --> 00:01:37.319
just devoted my life to the business side of things.
33
00:01:38.200 --> 00:01:41.200
He says, Here's where I'm conflicted. On one hand, a
34
00:01:41.280 --> 00:01:48.480
music business degree sounds practical. Classes on contracts, publishing, copyright royalties, touring, marketing,
35
00:01:49.079 --> 00:01:52.719
all things people say artists and managers should understand. I
36
00:01:52.840 --> 00:01:55.359
liked the idea of learning the structure instead of guessing
37
00:01:55.400 --> 00:01:58.319
my way through it later. I also hear a lot
38
00:01:58.319 --> 00:02:01.799
about networking and internships being built into these programs, which
39
00:02:01.799 --> 00:02:07.640
feels important in industry that is run on relationships. So
40
00:02:07.760 --> 00:02:11.319
you're not wrong about if you went you don't tell
41
00:02:11.319 --> 00:02:12.479
me where you go to school. You don't tell me
42
00:02:12.479 --> 00:02:17.560
where you're at. But you know, if you're in LA
43
00:02:17.680 --> 00:02:21.759
or New York, or Nashville, Miami, even in some Atlanta
44
00:02:22.240 --> 00:02:25.360
and you go for music business, the likelihood that you
45
00:02:25.400 --> 00:02:30.919
can get an internship very good. I think the one
46
00:02:30.960 --> 00:02:34.319
good thing about going to college would be to learn
47
00:02:34.479 --> 00:02:38.759
contract But when I was sixteen years old and I
48
00:02:38.840 --> 00:02:41.159
was working at Jive Records, one of my jobs as
49
00:02:41.199 --> 00:02:43.759
a regional promotions coordinator was I was also in charge
50
00:02:43.800 --> 00:02:47.199
of the interns. I was pretty demoralizing for a twenty
51
00:02:47.199 --> 00:02:50.280
one year old. Their boss is a sixteen year old
52
00:02:50.319 --> 00:02:53.800
tenth grade high school dropout, And that was the reality
53
00:02:53.840 --> 00:02:57.759
of the situation. I would say, right now, if you
54
00:02:57.840 --> 00:03:01.400
want to go and I mean, I get a business degree.
55
00:03:01.439 --> 00:03:03.159
If you're gonna stay in college, I get a business
56
00:03:03.159 --> 00:03:06.400
degree maybe and try to become a lawyer. Some of
57
00:03:06.400 --> 00:03:11.639
the best managers are lawyers, because you know they don't
58
00:03:11.680 --> 00:03:16.159
need to hire a lawyer to read the contracts. But
59
00:03:16.280 --> 00:03:21.159
to go to school to do music business, the only
60
00:03:21.240 --> 00:03:25.240
reason you would do it is for an internship. Now,
61
00:03:25.919 --> 00:03:27.560
if I was you and I was twenty and I
62
00:03:27.599 --> 00:03:29.919
was in your situation, and we'll continue to read the email,
63
00:03:29.960 --> 00:03:33.199
but I'm already just you know, maybe do a semester
64
00:03:33.319 --> 00:03:36.080
or two of music business with an undergrad and being
65
00:03:36.120 --> 00:03:40.719
a lawyer or business management, get the internships, start making
66
00:03:40.719 --> 00:03:45.960
the connections, and then deviate and out smart everybody. He says.
67
00:03:46.000 --> 00:03:48.759
On the other hand, I keep reading posts online from
68
00:03:48.800 --> 00:03:51.680
people saying the degree didn't actually help them get hired.
69
00:03:52.319 --> 00:03:54.960
Very true, that most of what they learned could have
70
00:03:54.960 --> 00:03:57.719
been picked up through experience, internships, or just being in
71
00:03:57.759 --> 00:04:01.319
the scene. That is absolutely true. That's why I'm telling
72
00:04:01.360 --> 00:04:04.759
you I'd go for a business degree or a law degree.
73
00:04:05.240 --> 00:04:07.400
He says. Some people even say the industry doesn't care
74
00:04:07.400 --> 00:04:09.800
about degrees at all. They don't. The only people who
75
00:04:09.840 --> 00:04:12.479
care about degrees if you're going to do music are
76
00:04:12.520 --> 00:04:14.080
usually the parents who are like, well, if you want
77
00:04:14.080 --> 00:04:15.560
to do music, then you got to go to college
78
00:04:15.599 --> 00:04:19.240
for it. I mean, I know, like drummers who went
79
00:04:19.240 --> 00:04:21.680
to college on a drumming You know, they got a
80
00:04:21.720 --> 00:04:26.000
drumming degree and they never did anything with it. He says.
81
00:04:27.680 --> 00:04:29.959
The music industry doesn't care about degrees, just who you
82
00:04:30.120 --> 00:04:34.319
know and what you've done. Very true. He says, that's
83
00:04:34.360 --> 00:04:37.360
the part that scares me. This degree isn't cheap, I'd
84
00:04:37.399 --> 00:04:40.319
be taking on more student debt, and I don't want
85
00:04:40.360 --> 00:04:42.600
to spend years paying off loans for something that doesn't
86
00:04:42.639 --> 00:04:45.920
actually move the needle. I don't want to confuse feeling
87
00:04:45.959 --> 00:04:52.279
prepared with being unemployable. I in twenty fourteen, I got
88
00:04:52.279 --> 00:04:56.879
invited to Full Sale University as a to speak and
89
00:04:56.920 --> 00:05:00.759
to judge a talent show or something like that. And
90
00:05:02.319 --> 00:05:05.639
at that time, Full Sale was like the premier music
91
00:05:05.680 --> 00:05:09.439
business school, and he had Belmont, which Belmont's really gotten
92
00:05:09.439 --> 00:05:12.720
into like nursing now, and then there was Full Sale.
93
00:05:12.959 --> 00:05:17.199
And not proud of this moment, but it is part
94
00:05:17.240 --> 00:05:21.680
of history. I was. I was drinking at the time,
95
00:05:21.800 --> 00:05:25.240
and I was pretty drunk, and I got up there
96
00:05:25.279 --> 00:05:29.000
to speak and I just started railing on music business education.
97
00:05:30.160 --> 00:05:34.120
And I actually got banned for life from Full Sale
98
00:05:34.240 --> 00:05:37.120
University because these kids were paying I want to say,
99
00:05:37.120 --> 00:05:40.199
I was like thirty thousand dollars a semester. Theybe it
100
00:05:40.240 --> 00:05:43.279
was fifty thousand a year. It was something. And I'm
101
00:05:43.319 --> 00:05:46.279
just up there like I'm a tenth grade high school dropout.
102
00:05:46.800 --> 00:05:50.720
And I've never I've never actually hired anybody who had
103
00:05:50.720 --> 00:05:52.920
a music business degree. And the reason why I never
104
00:05:53.079 --> 00:05:57.399
did and still have. It is because education is about
105
00:05:57.439 --> 00:05:59.959
you getting the right answers. Well, the problem with the
106
00:06:00.079 --> 00:06:01.600
music industry as we have too many people who are
107
00:06:01.600 --> 00:06:05.199
looking for the right answers. They're not taking risk, they're
108
00:06:05.240 --> 00:06:08.199
not stepping out on the ledge to see what, you know,
109
00:06:08.240 --> 00:06:13.920
what could happen. I think it's important for you to
110
00:06:14.040 --> 00:06:18.879
understand the business to make connections. But you know, if
111
00:06:18.920 --> 00:06:21.560
there's fifty kids in your class all going for the
112
00:06:21.600 --> 00:06:27.560
same things, it's just really hard for you to deviate.
113
00:06:28.680 --> 00:06:31.000
I think it'd be far more beneficial. Now, once again,
114
00:06:31.040 --> 00:06:33.600
we don't know its city you're in or anything, but
115
00:06:33.639 --> 00:06:35.959
I think it'd be far more beneficial if you were
116
00:06:36.040 --> 00:06:38.920
to work at a club or find a band that
117
00:06:38.959 --> 00:06:43.279
you really like and you know, start working with them
118
00:06:43.439 --> 00:06:46.560
on the side, on the free while you're working on
119
00:06:46.600 --> 00:06:49.519
your degree to take out more student loans. Because let's
120
00:06:49.560 --> 00:06:52.120
be honest, they're an entry level job in the music industry.
121
00:06:52.120 --> 00:06:53.399
You're not going to get hired as an R in
122
00:06:53.399 --> 00:06:55.240
the beginning. You're not going to get hired. If you
123
00:06:55.279 --> 00:06:56.839
get hired and publishing, it's going to be like a
124
00:06:56.839 --> 00:07:00.600
publishing administrator or something like it's low man tone poll.
125
00:07:01.120 --> 00:07:04.600
You're probably making thirty five grand a year, forty grand
126
00:07:04.639 --> 00:07:07.920
a year. If you've got a mountain of student loan debt,
127
00:07:07.920 --> 00:07:10.120
it's gonna take you forever to pay it off. A
128
00:07:10.120 --> 00:07:13.319
couple of years ago, I had a friend who was
129
00:07:13.639 --> 00:07:15.800
not really in the music industry, but he was applying
130
00:07:15.959 --> 00:07:19.639
for a job at Universal and it was like in
131
00:07:19.680 --> 00:07:22.959
the computer analytics department or something like that, and he
132
00:07:23.120 --> 00:07:26.360
was shocked at how cheap they paid versus like the universities,
133
00:07:26.360 --> 00:07:29.399
because you know, Universal is huge, but he was working
134
00:07:29.480 --> 00:07:31.800
with the universities and he thought maybe the music industry
135
00:07:31.839 --> 00:07:33.759
would be better. But he was shocked with how cheap
136
00:07:33.800 --> 00:07:36.360
they pay. And I told him, I said, because dude,
137
00:07:36.439 --> 00:07:38.759
people will go work for these labels for free so
138
00:07:38.800 --> 00:07:40.920
they can be around the artists, so they can build
139
00:07:41.160 --> 00:07:44.399
themselves up the ladder. They know this, and that's why
140
00:07:44.480 --> 00:07:47.360
they can pay peanuts on the dollar. For you to
141
00:07:47.399 --> 00:07:50.519
want to get into an R and r's debt, an
142
00:07:50.639 --> 00:07:54.160
R is absolutely dead. But if you can get a
143
00:07:54.160 --> 00:08:00.480
business degree or contract law, become an artist manager, do
144
00:08:00.600 --> 00:08:02.759
it right. You don't have more connections than you ever
145
00:08:02.759 --> 00:08:06.319
would at a record label, he says. So here's what
146
00:08:06.319 --> 00:08:08.399
I'm trying to understand. And this is why I'm asking you.
147
00:08:08.439 --> 00:08:12.279
Does a music music business degree actually open doors? Absolutely not?
148
00:08:13.079 --> 00:08:15.720
Or just explain how doors work? Or do you want
149
00:08:15.720 --> 00:08:17.720
me to explain how doors work? I mean you got to.
150
00:08:19.519 --> 00:08:21.160
There's a couple of ways that you can get your
151
00:08:21.160 --> 00:08:22.959
foot in the door in the music industry. One of
152
00:08:22.959 --> 00:08:26.079
them is work with something or someone that everybody wants
153
00:08:26.120 --> 00:08:30.120
to work with. You'll have your phone ringing all the time.
154
00:08:30.600 --> 00:08:33.799
Another one is to just be around and don't be
155
00:08:33.840 --> 00:08:36.120
a douchebag, like you know, work at a venue and
156
00:08:36.240 --> 00:08:38.519
start to know the artist. I can't tell you how
157
00:08:38.519 --> 00:08:41.600
many like people became roadies by working at a venue
158
00:08:42.080 --> 00:08:44.039
broke down an artists. Then they were looking for a
159
00:08:44.080 --> 00:08:47.720
merch guy or a drum tech or guitar tech and
160
00:08:47.759 --> 00:08:49.519
they're like, oh yeah, it's called Bob. That guy was
161
00:08:49.559 --> 00:08:54.600
really sweet. You know. Volunteering your time, like volunteering at
162
00:08:54.600 --> 00:08:58.679
a radio station or at a you know, at a
163
00:08:58.679 --> 00:09:03.000
club or whatever. Like that's stuff. That stuff helps. I
164
00:09:03.039 --> 00:09:04.919
don't really know a lot of people that are like, oh, wow,
165
00:09:04.919 --> 00:09:06.960
you got a music business degree, Like, well, you get
166
00:09:06.960 --> 00:09:08.879
to pick what job you want now, like you know,
167
00:09:08.919 --> 00:09:10.720
spind the wheel and figure out your job. It doesn't
168
00:09:10.720 --> 00:09:13.840
really work that way. He asked. Do employers in the
169
00:09:13.879 --> 00:09:17.200
industry take these degrees seriously? Not at all, because most
170
00:09:17.240 --> 00:09:19.519
people in the music industry don't have a degree in
171
00:09:19.759 --> 00:09:21.960
music business. They if they have a degree, it would
172
00:09:22.000 --> 00:09:25.960
be a business management degree, a law degree. Most of
173
00:09:26.000 --> 00:09:30.039
them are you know, flunkies. They dropped out of college,
174
00:09:30.039 --> 00:09:32.639
they dropped out of high school, he says. Or do
175
00:09:32.720 --> 00:09:35.399
they even care about or do they care more about experience?
176
00:09:35.399 --> 00:09:38.360
They care more about if you're a cool person, if
177
00:09:38.399 --> 00:09:40.440
you're easy to work with, easy to get along with.
178
00:09:42.600 --> 00:09:45.879
You know, are you a leech? Are you gonna embarrass them?
179
00:09:45.919 --> 00:09:47.159
I mean, we were at an email a couple of
180
00:09:47.159 --> 00:09:50.720
months ago from a band who was like showcasing for
181
00:09:51.000 --> 00:09:54.039
record labels, and then they got their president of their
182
00:09:54.080 --> 00:09:56.360
management firm kicked out of a bar because they got
183
00:09:56.399 --> 00:09:59.919
too drunk. Like stuff like that is important to me.
184
00:10:00.039 --> 00:10:02.159
Make sure that you don't embarrass yourself in the company
185
00:10:02.200 --> 00:10:04.639
that you might be working with, he says. Is the
186
00:10:04.720 --> 00:10:09.639
networking from school genuinely valuable or is it overstated? It's
187
00:10:10.000 --> 00:10:14.919
not great? I mean, I think that colleges tell you
188
00:10:14.960 --> 00:10:20.080
how great it is, but in reality, you know, anytime
189
00:10:20.080 --> 00:10:22.080
I've talked to somebody who has a music business degree.
190
00:10:22.120 --> 00:10:28.559
Anytime that I've talked to anybody who has uh, you
191
00:10:28.559 --> 00:10:32.399
know this this higher education attitude when it comes to music,
192
00:10:32.919 --> 00:10:35.679
they're usually insufferable. If I'm gonna be honest with you,
193
00:10:35.720 --> 00:10:38.879
like they just usually just have like they don't they
194
00:10:38.919 --> 00:10:41.879
it's they They live in a black and white world,
195
00:10:41.879 --> 00:10:43.919
and in the music industry, you have to live in
196
00:10:43.960 --> 00:10:46.799
the gray. It's just the way it is. He says.
197
00:10:46.799 --> 00:10:49.440
Would I be better off majoring in something broader and
198
00:10:49.519 --> 00:10:56.440
learning music business on the site? Yes, business degree, law degree.
199
00:10:56.480 --> 00:11:00.120
I'm telling you, become a lawyer. That's a that's a man.
200
00:11:01.840 --> 00:11:06.279
Oh my gosh, Like nobody's gonna screw with you. Now.
201
00:11:06.440 --> 00:11:08.679
The problem, the one problem with lawyers are is lawyers
202
00:11:08.759 --> 00:11:10.559
usually aren't like the coolest people in the world to
203
00:11:10.559 --> 00:11:12.879
hang out with. So you have to figure out how
204
00:11:12.919 --> 00:11:15.679
to be like the cool manager bro but also like
205
00:11:15.960 --> 00:11:20.559
illegal titan, if that makes sense. He says, If you
206
00:11:20.600 --> 00:11:23.960
were starting over today, would you choose school? Absolutely not?
207
00:11:24.960 --> 00:11:31.200
Absolutely not. I am I would never now if I
208
00:11:31.279 --> 00:11:33.320
was starting over, I would have I would have made
209
00:11:33.480 --> 00:11:38.519
one hundred and fifty changes to the stupid things I
210
00:11:38.559 --> 00:11:41.039
did in my teens, in twenties and well in thirties.
211
00:11:42.120 --> 00:11:44.200
But I would have never been like, oh yeah, let
212
00:11:44.200 --> 00:11:46.519
me go to Belmont. Let me not work at Jive Records,
213
00:11:46.559 --> 00:11:48.759
let me go work at Belmont. Like no, that was
214
00:11:48.879 --> 00:11:52.440
that would have never happened. But you also are seeing
215
00:11:52.480 --> 00:11:54.919
a lot more people not going into the music business program.
216
00:11:55.000 --> 00:11:57.320
That's why you see in places like Full Sale they're
217
00:11:57.320 --> 00:12:00.519
getting more into like the gaming side. Belmont's getting more
218
00:12:00.559 --> 00:12:04.559
into nursing because it's people are realizing you don't need
219
00:12:04.559 --> 00:12:07.279
the music business education degree to make it in the
220
00:12:07.320 --> 00:12:09.960
music industry. He's got to be harder working than everybody,
221
00:12:10.000 --> 00:12:12.559
build better relationships than everybody. And I was smart everybody.
222
00:12:12.679 --> 00:12:16.320
It's that simple, he says. I'm not expecting a perfect answer.
223
00:12:16.399 --> 00:12:17.960
I just want an honest one. I don't want to
224
00:12:18.039 --> 00:12:20.399
chase a dream blindly, but I also don't want to
225
00:12:20.440 --> 00:12:22.559
play it safe so that I missed my chance to
226
00:12:22.559 --> 00:12:26.120
build a real career in the music industry. Any perspective
227
00:12:26.159 --> 00:12:28.679
you have would mean a lot. Thanks for reading, Bob.
228
00:12:29.679 --> 00:12:32.919
I mean, do not rack up debt to get into
229
00:12:32.919 --> 00:12:36.960
the music industry. Just don't. If once again, we don't
230
00:12:36.960 --> 00:12:38.320
know what city you live in if you live in
231
00:12:38.360 --> 00:12:40.759
a big city, man, you can find some artists that
232
00:12:40.799 --> 00:12:42.720
you can work with, that you can help develop, that
233
00:12:42.759 --> 00:12:47.399
you can manage, that you can book shows for, that
234
00:12:47.440 --> 00:12:49.639
you can help promote. You're not gonna do it, you
235
00:12:49.679 --> 00:12:51.840
know you're not gonna get paid, But right now you're
236
00:12:51.879 --> 00:12:54.240
just looking to build connections. You're looking to build your chops.
237
00:12:54.639 --> 00:12:56.600
Your first couple of artists you work with are probably
238
00:12:56.639 --> 00:12:58.320
gonna suck, and you're gonna suck at the job. So
239
00:12:58.360 --> 00:13:02.399
it's kind of a perfect, like sucky match made marriage
1
00:00:00.160 --> 00:00:02.680
2
00:00:02.720 --> 00:00:05.000
3
00:00:05.000 --> 00:00:06.679
4
00:00:06.679 --> 00:00:09.400
5
00:00:09.400 --> 00:00:12.439
6
00:00:12.759 --> 00:00:14.400
7
00:00:14.439 --> 00:00:16.559
8
00:00:16.600 --> 00:00:19.320
9
00:00:19.359 --> 00:00:22.480
10
00:00:22.519 --> 00:00:26.679
11
00:00:26.839 --> 00:00:29.679
12
00:00:29.719 --> 00:00:33.479
13
00:00:33.520 --> 00:00:37.079
14
00:00:37.159 --> 00:00:41.719
15
00:00:41.759 --> 00:00:45.000
16
00:00:45.000 --> 00:00:48.000
17
00:00:48.039 --> 00:00:52.200
18
00:00:52.280 --> 00:00:55.320
19
00:00:55.479 --> 00:00:56.679
20
00:00:56.679 --> 00:01:01.000
21
00:01:01.240 --> 00:01:04.200
22
00:01:04.319 --> 00:01:10.159
23
00:01:10.200 --> 00:01:12.719
24
00:01:12.760 --> 00:01:15.840
25
00:01:15.920 --> 00:01:18.959
26
00:01:19.040 --> 00:01:21.439
27
00:01:21.480 --> 00:01:23.519
28
00:01:24.400 --> 00:01:26.239
29
00:01:26.239 --> 00:01:29.040
30
00:01:29.400 --> 00:01:31.560
31
00:01:31.560 --> 00:01:34.560
32
00:01:34.840 --> 00:01:37.319
33
00:01:38.200 --> 00:01:41.200
34
00:01:41.280 --> 00:01:48.480
35
00:01:49.079 --> 00:01:52.719
36
00:01:52.840 --> 00:01:55.359
37
00:01:55.400 --> 00:01:58.319
38
00:01:58.319 --> 00:02:01.799
39
00:02:01.799 --> 00:02:07.640
40
00:02:07.760 --> 00:02:11.319
41
00:02:11.319 --> 00:02:12.479
42
00:02:12.479 --> 00:02:17.560
43
00:02:17.680 --> 00:02:21.759
44
00:02:22.240 --> 00:02:25.360
45
00:02:25.400 --> 00:02:30.919
46
00:02:30.960 --> 00:02:34.319
47
00:02:34.479 --> 00:02:38.759
48
00:02:38.840 --> 00:02:41.159
49
00:02:41.199 --> 00:02:43.759
50
00:02:43.800 --> 00:02:47.199
51
00:02:47.199 --> 00:02:50.280
52
00:02:50.319 --> 00:02:53.800
53
00:02:53.840 --> 00:02:57.759
54
00:02:57.840 --> 00:03:01.400
55
00:03:01.439 --> 00:03:03.159
56
00:03:03.159 --> 00:03:06.400
57
00:03:06.400 --> 00:03:11.639
58
00:03:11.680 --> 00:03:16.159
59
00:03:16.280 --> 00:03:21.159
60
00:03:21.240 --> 00:03:25.240
61
00:03:25.919 --> 00:03:27.560
62
00:03:27.599 --> 00:03:29.919
63
00:03:29.960 --> 00:03:33.199
64
00:03:33.319 --> 00:03:36.080
65
00:03:36.120 --> 00:03:40.719
66
00:03:40.719 --> 00:03:45.960
67
00:03:46.000 --> 00:03:48.759
68
00:03:48.800 --> 00:03:51.680
69
00:03:52.319 --> 00:03:54.960
70
00:03:54.960 --> 00:03:57.719
71
00:03:57.759 --> 00:04:01.319
72
00:04:01.360 --> 00:04:04.759
73
00:04:05.240 --> 00:04:07.400
74
00:04:07.400 --> 00:04:09.800
75
00:04:09.840 --> 00:04:12.479
76
00:04:12.520 --> 00:04:14.080
77
00:04:14.080 --> 00:04:15.560
78
00:04:15.599 --> 00:04:19.240
79
00:04:19.240 --> 00:04:21.680
80
00:04:21.720 --> 00:04:26.000
81
00:04:27.680 --> 00:04:29.959
82
00:04:30.120 --> 00:04:34.319
83
00:04:34.360 --> 00:04:37.360
84
00:04:37.399 --> 00:04:40.319
85
00:04:40.360 --> 00:04:42.600
86
00:04:42.639 --> 00:04:45.920
87
00:04:45.959 --> 00:04:52.279
88
00:04:52.279 --> 00:04:56.879
89
00:04:56.920 --> 00:05:00.759
90
00:05:02.319 --> 00:05:05.639
91
00:05:05.680 --> 00:05:09.439
92
00:05:09.439 --> 00:05:12.720
93
00:05:12.959 --> 00:05:17.199
94
00:05:17.240 --> 00:05:21.680
95
00:05:21.800 --> 00:05:25.240
96
00:05:25.279 --> 00:05:29.000
97
00:05:30.160 --> 00:05:34.120
98
00:05:34.240 --> 00:05:37.120
99
00:05:37.120 --> 00:05:40.199
100
00:05:40.240 --> 00:05:43.279
101
00:05:43.319 --> 00:05:46.279
102
00:05:46.800 --> 00:05:50.720
103
00:05:50.720 --> 00:05:52.920
104
00:05:53.079 --> 00:05:57.399
105
00:05:57.439 --> 00:05:59.959
106
00:06:00.079 --> 00:06:01.600
107
00:06:01.600 --> 00:06:05.199
108
00:06:05.240 --> 00:06:08.199
109
00:06:08.240 --> 00:06:13.920
110
00:06:14.040 --> 00:06:18.879
111
00:06:18.920 --> 00:06:21.560
112
00:06:21.600 --> 00:06:27.560
113
00:06:28.680 --> 00:06:31.000
114
00:06:31.040 --> 00:06:33.600
115
00:06:33.639 --> 00:06:35.959
116
00:06:36.040 --> 00:06:38.920
117
00:06:38.959 --> 00:06:43.279
118
00:06:43.439 --> 00:06:46.560
119
00:06:46.600 --> 00:06:49.519
120
00:06:49.560 --> 00:06:52.120
121
00:06:52.120 --> 00:06:53.399
122
00:06:53.399 --> 00:06:55.240
123
00:06:55.279 --> 00:06:56.839
124
00:06:56.839 --> 00:07:00.600
125
00:07:01.120 --> 00:07:04.600
126
00:07:04.639 --> 00:07:07.920
127
00:07:07.920 --> 00:07:10.120
128
00:07:10.120 --> 00:07:13.319
129
00:07:13.639 --> 00:07:15.800
130
00:07:15.959 --> 00:07:19.639
131
00:07:19.680 --> 00:07:22.959
132
00:07:23.120 --> 00:07:26.360
133
00:07:26.360 --> 00:07:29.399
134
00:07:29.480 --> 00:07:31.800
135
00:07:31.839 --> 00:07:33.759
136
00:07:33.800 --> 00:07:36.360
137
00:07:36.439 --> 00:07:38.759
138
00:07:38.800 --> 00:07:40.920
139
00:07:41.160 --> 00:07:44.399
140
00:07:44.480 --> 00:07:47.360
141
00:07:47.399 --> 00:07:50.519
142
00:07:50.639 --> 00:07:54.160
143
00:07:54.160 --> 00:08:00.480
144
00:08:00.600 --> 00:08:02.759
145
00:08:02.759 --> 00:08:06.319
146
00:08:06.319 --> 00:08:08.399
147
00:08:08.439 --> 00:08:12.279
148
00:08:13.079 --> 00:08:15.720
149
00:08:15.720 --> 00:08:17.720
150
00:08:19.519 --> 00:08:21.160
151
00:08:21.160 --> 00:08:22.959
152
00:08:22.959 --> 00:08:26.079
153
00:08:26.120 --> 00:08:30.120
154
00:08:30.600 --> 00:08:33.799
155
00:08:33.840 --> 00:08:36.120
156
00:08:36.240 --> 00:08:38.519
157
00:08:38.519 --> 00:08:41.600
158
00:08:42.080 --> 00:08:44.039
159
00:08:44.080 --> 00:08:47.720
160
00:08:47.759 --> 00:08:49.519
161
00:08:49.559 --> 00:08:54.600
162
00:08:54.600 --> 00:08:58.679
163
00:08:58.679 --> 00:09:03.000
164
00:09:03.039 --> 00:09:04.919
165
00:09:04.919 --> 00:09:06.960
166
00:09:06.960 --> 00:09:08.879
167
00:09:08.919 --> 00:09:10.720
168
00:09:10.720 --> 00:09:13.840
169
00:09:13.879 --> 00:09:17.200
170
00:09:17.240 --> 00:09:19.519
171
00:09:19.759 --> 00:09:21.960
172
00:09:22.000 --> 00:09:25.960
173
00:09:26.000 --> 00:09:30.039
174
00:09:30.039 --> 00:09:32.639
175
00:09:32.720 --> 00:09:35.399
176
00:09:35.399 --> 00:09:38.360
177
00:09:38.399 --> 00:09:40.440
178
00:09:42.600 --> 00:09:45.879
179
00:09:45.919 --> 00:09:47.159
180
00:09:47.159 --> 00:09:50.720
181
00:09:51.000 --> 00:09:54.039
182
00:09:54.080 --> 00:09:56.360
183
00:09:56.399 --> 00:09:59.919
184
00:10:00.039 --> 00:10:02.159
185
00:10:02.200 --> 00:10:04.639
186
00:10:04.720 --> 00:10:09.639
187
00:10:10.000 --> 00:10:14.919
188
00:10:14.960 --> 00:10:20.080
189
00:10:20.080 --> 00:10:22.080
190
00:10:22.120 --> 00:10:28.559
191
00:10:28.559 --> 00:10:32.399
192
00:10:32.919 --> 00:10:35.679
193
00:10:35.720 --> 00:10:38.879
194
00:10:38.919 --> 00:10:41.879
195
00:10:41.879 --> 00:10:43.919
196
00:10:43.960 --> 00:10:46.799
197
00:10:46.799 --> 00:10:49.440
198
00:10:49.519 --> 00:10:56.440
199
00:10:56.480 --> 00:11:00.120
200
00:11:01.840 --> 00:11:06.279
201
00:11:06.440 --> 00:11:08.679
202
00:11:08.759 --> 00:11:10.559
203
00:11:10.559 --> 00:11:12.879
204
00:11:12.919 --> 00:11:15.679
205
00:11:15.960 --> 00:11:20.559
206
00:11:20.600 --> 00:11:23.960
207
00:11:24.960 --> 00:11:31.200
208
00:11:31.279 --> 00:11:33.320
209
00:11:33.480 --> 00:11:38.519
210
00:11:38.559 --> 00:11:41.039
211
00:11:42.120 --> 00:11:44.200
212
00:11:44.200 --> 00:11:46.519
213
00:11:46.559 --> 00:11:48.759
214
00:11:48.879 --> 00:11:52.440
215
00:11:52.480 --> 00:11:54.919
216
00:11:55.000 --> 00:11:57.320
217
00:11:57.320 --> 00:12:00.519
218
00:12:00.559 --> 00:12:04.559
219
00:12:04.559 --> 00:12:07.279
220
00:12:07.320 --> 00:12:09.960
221
00:12:10.000 --> 00:12:12.559
222
00:12:12.679 --> 00:12:16.320
223
00:12:16.399 --> 00:12:17.960
224
00:12:18.039 --> 00:12:20.399
225
00:12:20.440 --> 00:12:22.559
226
00:12:22.559 --> 00:12:26.120
227
00:12:26.159 --> 00:12:28.679
228
00:12:29.679 --> 00:12:32.919
229
00:12:32.919 --> 00:12:36.960
230
00:12:36.960 --> 00:12:38.320
231
00:12:38.360 --> 00:12:40.759
232
00:12:40.799 --> 00:12:42.720
233
00:12:42.759 --> 00:12:47.399
234
00:12:47.440 --> 00:12:49.639
235
00:12:49.679 --> 00:12:51.840
236
00:12:51.879 --> 00:12:54.240
237
00:12:54.639 --> 00:12:56.600
238
00:12:56.639 --> 00:12:58.320
239
00:12:58.360 --> 00:13:02.399