5 Must-Have Clauses in Artist Management Contracts Commission Rates. Term Length in Management Agreements. Decision-Making Authority. Sunset Clause (place after Term) ... Exclusivity.
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.
For a young-gun tour manager just starting out on a van tour, the average salary is anywhere between $1000 – $1500 per week. With a few years of touring experience, the average tour manager's salary can range between $2000 – $3000 per week, depending on the organization and responsibilities.
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.
Common Sections in Artist Management Agreements ARTIST MANAGEMENT AGREEMENT. BACKGROUND. Services Of The Manager. Rights And Authority Of The Manager. Term. Compensation. Accounting. Expenses.
It's easy to forget that managing a tour means going on tour oneself. Just like the musicians and crew members they manage, tour managers spend hours riding in cars, buses, and/or planes, work long days that continue well into the night, and sleep in hotels and motels in unfamiliar cities.
Some employers may require a bachelor's degree, while others need only a high school diploma or certificate. Most employers prefer a degree in business management, music, communication, marketing, entrepreneurship or a related area.
Some employers may require a bachelor's degree, while others need only a high school diploma or certificate. Most employers prefer a degree in business management, music, communication, marketing, entrepreneurship or a related area.
A high school diploma is the minimum requirement to be a tour guide. Courses such as speech, communications, art, sociology, anthropology, political science, social studies, and literature often prove beneficial. Some tour guides study foreign languages and cultures as well as geography, history, and architecture.
No matter the title, every manager helps lead their employer toward success. Managers often need both an undergraduate and a master's degree. One of many careers that depend on an MBA, the role of a manager sometimes requires applicants to obtain one or more business certifications.