An Artist Management Agreement is used by a personal manager to contract with a recording and performing musical artist to set the terms for managing the artist's career. The manager receives a percentage of all the income generated by the artist for the management services provided.
Artists and repertoire (or A&R for short) is the division of a record label or music publishing company that is responsible for scouting, financing and overseeing the artistic development of recording artists and songwriters. It also acts as a liaison between artists and the record label or publishing company.
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.
The role of an artist manager is the professional representative and advisor for a musician or band while artists and repertoire (A&R) is the division of a record label or music publishing company that is responsible for talent scouting and overseeing the artistic development of recording artists (singers, ...
A&R (artists and repertoire) managers negotiate with and sign new artists for record labels and music publishers. Careers in the Recording Industry. Careers in Business. Careers in Los Angeles.
Common Sections in Artist Management Agreements ARTIST MANAGEMENT AGREEMENT. BACKGROUND. Services Of The Manager. Rights And Authority Of The Manager. Term. Compensation. Accounting. Expenses.
Sunset Clause (place after Term) A sunset clause specifies that the manager's commission rights extend for a period of time even after the termination of the agreement. For example, a 2-year sunset means the manager would still receive commission from any deals they negotiated during the contract term.
Typically the range is between 10-20%. There is also an allowance for a change in commission for when the artists income exceeds a set amount so management can share in a larger part of the income and acts as an incentive to reach this goal.
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.
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.