Basic Artist Management Contract For Music Artist In Montgomery

State:
Multi-State
County:
Montgomery
Control #:
US-0021BG
Format:
Word; 
Rich Text
Instant download

Description

The Basic Artist Management Contract for Music Artist in Montgomery serves as a comprehensive agreement outlining the relationship between a music artist and their manager. It specifies the manager's services, which include negotiating contracts, promoting the artist's career, and making business decisions on their behalf. Key features include the appointment of the manager as the artist's sole representative, the powers granted through a power of attorney, and the management of earnings and expenses associated with the artist's career. The contract also addresses compensation, detailing that managers may receive a percentage of the artist's gross earnings. It provides provisions for termination, authorization for finances, and obligations for both parties to act in good faith. This form is essential for attorneys, artists, and managers, as it provides clarity on roles, responsibilities, and legal protections. Legal assistants and paralegals will find the form useful for drafting and editing, ensuring adherence to state regulations and industry standards.
Free preview
  • Preview Artist Management Agreement
  • Preview Artist Management Agreement
  • Preview Artist Management Agreement
  • Preview Artist Management Agreement
  • Preview Artist Management Agreement
  • Preview Artist Management Agreement
  • Preview Artist Management Agreement
  • Preview Artist Management Agreement
  • Preview Artist Management Agreement

Form popularity

FAQ

Can anyone make a legally binding contract? Yes, almost anyone can make a legally binding contract between two parties if all the abovementioned conditions are met. The contract must involve legal subject matter, and both parties must freely consent to the terms.

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.

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.

Managers typically receive 15% to 20% of the artist's gross earnings (before any expenses are deducted), but this figure can vary from contract to contract. For example, a manager might start at 20% and decrease his or her cut to 15% after a period of time or once the artist achieves a certain level in their career.

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.

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.

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

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.

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.

Trusted and secure by over 3 million people of the world’s leading companies

Basic Artist Management Contract For Music Artist In Montgomery