It’s important that the business arrangement between a manager and their client (artist, musician, songwriter, producer, engineer, etc) be put into writing and signed by both parties in the form of an artist management contract or music manager agreement.
Even though disasters cannot always be avoided, obligations can be made much clearer and responsibilities more easily understood with the presence of a written artist management agreement. Before you get an attorney to draft a contract for you, however, you should first take stock of what you are prepared to do with and for an artist and what you expect out of the relationship.
Artist Management Agreement Template For Single Member Llc In Kings
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Multi-State
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Kings
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US-0021BG
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Artist Contract Template ARTIST RESPONSIBILITIES. The organization is hiring the artist to (state specifics of the work, e.g., perform live music) on (dates and location). COMPENSATION. PAYMENTS. RECORDING. EXPENSES. EQUIPMENT AND SERVICES. OTHER TERMS AND CONDITIONS. CANCELLATIONS.
Below is an example of a management contract: ABC Consulting agrees to provide management services to XYZ Corporation for the period of January 1, 2022, to December 31, 2022. ABC Consulting will be responsible for managing the sales department of XYZ Corporation, including its employees, processes, and systems.
While there is no set typical payment or commission rate for a manager, most managers earn anywhere from 10-25 of the artists total income, typically the rate is between 15-20.
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.
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 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.
The common standard term for a management contract is typically between one and five years, but this can vary depending on the specific needs and goals of the parties involved.
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.
How long does the contract go for? I've asked a few labels over the years, and a typical licensing agreement lasts, on average between 5 to 7 years. Of course, there are much shorter, and much longer contracts out there… do what's fair for both you and the artist.