It’s important that the business arrangement between a manager and their client (artist, musician, songwriter, producer, engineer, etc) be put into writing and signed by both parties in the form of an artist management contract or music manager agreement.
Even though disasters cannot always be avoided, obligations can be made much clearer and responsibilities more easily understood with the presence of a written artist management agreement. Before you get an attorney to draft a contract for you, however, you should first take stock of what you are prepared to do with and for an artist and what you expect out of the relationship.
Artist Management Form With Multiple Artists In Collin
Category:
State:
Multi-State
County:
Collin
Control #:
US-0021BG
Format:
Word;
Rich Text
Instant download
Description
Free preview
Form popularity
FAQ
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.
Every musician needs a Manager, even if they operate as their own, though the vast majority of successful acts prefer to have someone else take on that task, as it requires an incredible amount of time, work, and specialized skills.
5 Must-Have Clauses in Artist Management Contracts Commission Rates. Term Length in Management Agreements. Decision-Making Authority. Sunset Clause (place after Term) ... Exclusivity.
Common Sections in Artist Management Agreements ARTIST MANAGEMENT AGREEMENT. BACKGROUND. Services Of The Manager. Rights And Authority Of The Manager. Term. Compensation. Accounting. Expenses.
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.
A business management agreement formalizes the working relationship between a business and its manager. The contract will include information such as budgeting, the percentage of business revenue owed to the manager, and confidentiality requirements.
The core of the artist's team consists of publishers, record labels, concert promoters and booking agents. The Artist Managers are the grand overseer of that whole team, and they are the ones getting that band together in the first place.
However, considering that each artist typically has a team of 3 to 4 managers, each serving distinct roles, it's safe to say that the number is staggering. In the U.S., as of 2021, there are over 25,000 artist managers.
In most cases its one manager. However it is not uncommon for an artist to have two “managers” but each would be assigned different roles.
More info
In this video you're going to learn what to include in a management contract between the artist and the manager. Below are standard clauses found in a typical agreement, but it should serve simply as a guide to understanding artist management contracts.He wrote and is starring in his new musical BRIGHTER THAN THE SUN! 1. Review the agreement sections thoroughly. Want to talk more about how I can help? Stay informed with the latest tips, tricks, and music industry news from the Nashville artist management world on our blog. Artist Management Agreement. This agreement is made and entered into as of the 25th day of October, 2002. These forms require the student's signature. Bandzoogle makes it easy for musicians to build a stunning website and store in minutes with beautiful themes and friendly support.