What is the agreement between artist and manager?

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.

US Legal Forms
Artist Management Agreement

Artist Manager Contract With Owner In Cook

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.

Q: How can I get an artist manager?

If you&#039;re a musician looking for a music manager, consider following these steps: Develop your music. Create recordings. Explore your network. Contact agencies and managers. Continue to promote your music. Meet and discuss your career goals. Negotiate and sign a contract.

Q: At what point does an artist need a manager?

If you&#039;ve been handling everything on your own and are hitting a wall getting past the proverbial industry waiting room, it might be time to hire a manager. A manager must constantly work at managing your own expectations and goals, while expanding your base of industry relationships, experience and knowledge.

Q: What should be in an artist manager contract?

Managers typically receive 15% to 20% of the artist&#039;s gross earnings (before any expenses are deducted), but this figure can vary from contract to contract. For example, a manager might start at 20% and decrease his or her cut to 15% after a period of time or once the artist achieves a certain level in their career.

Category:

Contracts - Entertainment

State:

Multi-State

County:

Cook

Control #:

US-0021BG

Format:

Instant download

Description

The Artist Manager Contract with Owner in Cook is a detailed agreement designed for managing the career of an artist, specifically a musician or performer. It outlines the managerial responsibilities, including negotiating terms for the artist's professional engagements, providing guidance, and representing the artist in all matters related to their career. Key features include the appointment of the manager as the artist's sole representative, the authority granted to the manager to act on behalf of the artist, and specific provisions for compensation based on the artist's gross earnings. This contract also includes clauses on termination rights, confidentiality, and fiduciary responsibilities, ensuring both parties understand their obligations and rights. For attorneys, partners, owners, associates, paralegals, and legal assistants, this form serves as a solid foundation for establishing a clear professional relationship, protecting the interests of both the artist and the manager while facilitating effective career development and exploitation of the artist's talents.

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FAQ

How long is a normal artist manager contract? The standard length of the management contract is three years but it can vary from 2 to 5 years on a case by case basis. Most contracts also include a "Sunset" clause.

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.

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.

Length of Contract The initial term should be no more than 18 months, with renewals to be no longer than three years. Never commit for any longer period than that, especially with an entity that you do not know well, regardless of how great you think he or she is today.

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.

Business owners often sign these written agreements directly with the management company. This typically gives the management company operational control for an established period of time, usually for two to five years.

If you're a musician looking for a music manager, consider following these steps: Develop your music. Create recordings. Explore your network. Contact agencies and managers. Continue to promote your music. Meet and discuss your career goals. Negotiate and sign a contract.

If you've been handling everything on your own and are hitting a wall getting past the proverbial industry waiting room, it might be time to hire a manager. A manager must constantly work at managing your own expectations and goals, while expanding your base of industry relationships, experience and knowledge.

Managers typically receive 15% to 20% of the artist's gross earnings (before any expenses are deducted), but this figure can vary from contract to contract. For example, a manager might start at 20% and decrease his or her cut to 15% after a period of time or once the artist achieves a certain level in their career.