What Percentage Do They Make? The most common, or easiest gauging point for management percentage, at least in North America, is 15 to 20% of gross artist revenue. I personally don't know of anyone who charges 15% of gross but I have heard through the industry that some people do. I personally hear of 20% more often.
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.
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.
Comments Section Networking: Attend industry events, music conferences, and shows to meet people in the industry. Research: Look for managers who work with artists in your genre and have a track record of success. Referrals: Ask fellow musicians and industry contacts for recommendations.
When Does an Artist Need a Music Manager? If you're working on your very first album release, the chances are slim that your career can really benefit from having a music manager. However, artists whose careers are beginning to take off usually enjoy significant advantages through having a good manager.
Building a Professional Network Networking is a powerful tool in the music industry. Connect with industry professionals, attend music events, and participate in conferences. Building relationships with other artists, producers, and industry insiders can lead to valuable introductions to potential managers.
If you're contacting them through social media, you'll need to write a small pitch. To attract potential managers, you need to prove yourself and your demand through live performances and online presence. Potential managers look for artists who show promise and have a clear vision for their career.
Look for Managers with Experience: Find managers who have a track record of working with artists in your genre. Check References: Seek recommendations from other artists or industry contacts. Review Their Roster: Look at the artists they currently manage to see if they align with your style and goals.
I would say that having a manager is a necessity when the artist is established enough and is dealing with high fees, lots of press and crazy tour schedules. This is where having a manager is absolutely vital.