Music Management Contracts Explained Most managers receive a percentage of the artist's gross income, typically between 15-30 percent. Before signing a management contract, artists should thoroughly review the terms and consider seeking legal advice.
Please be aware that everything that follows applies to California law unless otherwise noted. Order Now: The Straightforward Guide to the Music Biz, by Kamal Moo, Esq. One main difference between a manager and agent is that an agent has to be licensed by the state and a manager does not.
Networking: Attend music industry events, conferences, or concerts. Networking can often lead to personal connections with managers or their representatives. LinkedIn: Search for the artist's management team on LinkedIn. Professionals in the industry often maintain profiles that can provide contact details.
This includes various aspects such as rent collection, property maintenance, and dispute resolution mechanisms. By having a detailed contract in place, both parties can have a clear understanding of their obligations, reducing the chances of conflicts arising in the future.
Your Music Recording Contract should cover details like: Compensation and royalties. Where and when the album will be recorded. The album's release date. Who has creative control over specific elements of the album. The termination clause. The exclusive agreement clause. Dispute resolution. Promotional appearances.
Contract Overview. Briefly outline. Objectives. List objectives and desired outcomes here. Transitional arrangements and mobilisation. Briefly outline. Performance management. Briefly outline. Finance. Briefly outline. Governance arrangements. Communication with provider. Briefly outline. Communication with stakeholders.
5 Must-Have Clauses in Artist Management Contracts Commission Rates. Term Length in Management Agreements. Decision-Making Authority. Sunset Clause (place after Term) ... Exclusivity.
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.
Managers usually takes a percentage of the artist's income. This typically ranges between 10 to 20% and is usually 15% for indie artists in my experience.