Below is a list of must read music business books to help you understand this industry.
1. How Music Got Free: The End of an Industry, the Turn of the Century, and the Patient Zero of Piracy - Stephen Witt
2. Music, Money and Success - The Insider's Guide to Making Money in the Music Business (7th Edition) - Jeffery Brabec & Todd Brabec
3. How Music Works - David Byrne
4. HipHop Professional 2.0 - Shanti Das
5. Beyond Talent: Creating a Successful Career in Music - Angela Myles Beeching