US Legal Forms
Artist Management Agreement

Basic Artist Management Contract Format In Broward

Q: What is the typical commission for an artist manager?

Managers&#039; commissions are typically between 15 to 20% of an artist&#039;s gross income. Whether it&#039;s 15% or 20% really depends on the level of the band and the bargaining power of each party. I&#039;ve seen some net deals, but they are extremely rare. That being said, I always push for a net commission on merchandise.

Category:

Contracts - Entertainment

State:

Multi-State

County:

Broward

Control #:

US-0021BG

Format:

Instant download

Description

The Basic Artist Management Contract format in Broward is a legal agreement designed to establish a professional relationship between an artist and their manager. This contract outlines the services the manager is expected to provide, such as career advice, negotiation of employment terms, and management of professional engagements. Key features of the contract include the definition of the manager's rights and authority, a detailed compensation structure reflecting a percentage of the artist's gross monthly earnings, and provisions for the termination of the agreement under specific circumstances. Filling out and editing instructions emphasize clear identification of the parties involved, specification of compensation terms, and mutual agreement on the artist's career direction. This contract is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants working in the entertainment industry, as it facilitates clarity in the management relationship, provides a legal framework for negotiations, and ensures that both parties understand their rights and obligations. The document also addresses confidentiality, indemnification, and dispute resolution, making it a comprehensive tool for protecting the interests of the artist and the manager.

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Form popularity

FAQ

Steps To Starting An Artist Management Company Build Your Artist Roster. Sign A Contract. Don't Quit Your Day Job Just Yet. Draft an Artist Management Company Business Plan. Make a Name for Yourself. Get Organized. Work With an Entertainment Accountant. Hire an Entertainment Lawyer.

5 Must-Have Clauses in Artist Management Contracts Commission Rates. Term Length in Management Agreements. Decision-Making Authority. Sunset Clause (place after Term) ... Exclusivity.

The common standard term for a management contract is typically between one and five years, but this can vary depending on the specific needs and goals of the parties involved.

Artist Manager Salary Annual SalaryHourly Wage Top Earners $400,000 $192 75th Percentile $400,000 $192 Average $246,250 $118 25th Percentile $92,500 $44

Managers' commissions are typically between 15 to 20% of an artist's gross income. Whether it's 15% or 20% really depends on the level of the band and the bargaining power of each party. I've seen some net deals, but they are extremely rare. That being said, I always push for a net commission on merchandise.

As a general rule, managers take a percentage of all income generated by the artist in exchange for their management services. Commission rates typically range from 15-25% of the artist's gross income from: Recording royalties: Sales, streaming and licensing of recorded music.