Typically, a music management contract will call for a 15 to 20% cut of your earnings. In addition to this cut, your manager will also receive compensation for expenses related to managing your career. Compensation can include costs related to travel or dining when they're working on advancing your career.
What does a Tour Manager do? Tour managers take care of nearly every aspect of the lives of musicians and crew while on the road, providing organizational, administrative, and boots-on-the-ground support for the duration of a concert tour.
The Management Agreement should ideally run for no more than three years (and certainly for no more than five years) and there should be various mechanisms by which the Artist can terminate the agreement if the Manager does not achieve various goals.
The life of a tour manager may seem exhilarating, but it's one that comes with significant stress. The relentless demands of artists, the long hours in production, and the time spent away from home are just some of the factors that weigh heavily on those in this field.
Day-to-day tasks meet and greet people. explain travel arrangements and give details of stopover points. make sure accommodation, meals and services are satisfactory. help with passport and immigration issues. give talks about places of interest or find local tourist guides to do them. promote and sell trips.
They make transportation and lodging arrangements; communicate in advance with concert producers and venue management to coordinate load-in, sound check, and set times; convey the band's hospitality needs (backstage catering and dressing room setup); see to it that musicians and crew get to their next stop safely and ...
A Management Agreement is a contract between a property owner and a designated manager that outlines the responsibilities and expectations of both parties in managing the property. It typically covers tasks such as rent collection, maintenance, repairs, and tenant communication.
Good managers are patient. They are willing to work with an artist over a long career, executing their client's vision with a step-by-step plan. This requires developing intimate relationships with each client, relationships that take time to build.
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.
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.