US Legal Forms
Artist Management Agreement

Sample Artist Management Contracts For Artist 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.

Category:

Contracts - Entertainment

State:

Multi-State

County:

Cook

Control #:

US-0021BG

Format:

Instant download

Description

The Artist Management Agreement is a comprehensive contract designed for artists in Cook, outlining the relationship and responsibilities between an artist and their manager. Key features include the manager's role in representing the artist, negotiating contracts, and guiding career development. The agreement emphasizes the importance of mutual consent regarding business decisions and clarifies the manager's powers related to financial transactions on behalf of the artist. It also details compensation, specifying a percentage of gross monthly earnings for the manager, and introduces clauses related to termination, confidentiality, and fiduciary responsibilities. The document is useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a clear structure for artist management arrangements, facilitates career advancement for artists, and ensures both parties understand their rights and obligations. Filling instructions include entering names, addresses, and specific terms related to compensation and responsibilities, while editing can be focused on tailoring terms to the specific needs of the artist's career. This form serves as a standard template that can be adapted for various situations within the entertainment industry.

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FAQ

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.

Management Contracts Involving Hotels The contract is between the hotel owner and the management company, which takes over operation management. Sometimes, the contract is for only one of the outlets of the hotel, whereas in other instances, the contract may be for the entire hotel chain.

Common Sections in Artist Management Agreements ARTIST MANAGEMENT AGREEMENT. BACKGROUND. Services Of The Manager. Rights And Authority Of The Manager. Term. Compensation. Accounting. Expenses.

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.

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