What is an artist management agreement?

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.

US Legal Forms
Artist Management Agreement

Artist Management Form Formset In Nevada

Q: What is the typical commission for an artist manager?

Managers&#039; commissions are typically between 15 to 20% of an artist&#039;s gross income. Whether it&#039;s 15% or 20% really depends on the level of the band and the bargaining power of each party. I&#039;ve seen some net deals, but they are extremely rare. That being said, I always push for a net commission on merchandise.

Q: What does an artist management team consist of?

The core of the artist&#039;s team consists of publishers, record labels, concert promoters and booking agents. The Artist Managers are the grand overseer of that whole team, and they are the ones getting that band together in the first place.

Category:

Contracts - Entertainment

State:

Multi-State

Control #:

US-0021BG

Format:

Instant download

Description

The Artist Management form formset in Nevada is a comprehensive agreement between an artist and a manager designed to outline the roles, responsibilities, and expectations of both parties in advancing the artist's career. Key features of the form include specific services provided by the manager, the rights and authority of the manager, compensation structures, and terms of termination. This form allows the artist to grant the manager authority to negotiate on their behalf and manage their engagements, ensuring that the artist's interests are protected while enabling career development. Filling out the form requires accurate details about both the artist and manager, along with clear specifications regarding financial agreements and term lengths. It serves attorneys, partners, owners, associates, paralegals, and legal assistants by providing a structured, legally binding way to formalize artist-management relationships while ensuring mutual understanding and accountability. The form is particularly useful for legal professionals involved in the entertainment industry, as it covers essential elements such as fiduciary duties, confidentiality, and dispute resolution through mandatory arbitration. This artist management agreement also emphasizes the importance of collaboration between the artist and manager regarding decision-making and promotes a supportive partnership aimed at enhancing the artist's career.

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FAQ

Steps To Starting An Artist Management Company Build Your Artist Roster. Sign A Contract. Don't Quit Your Day Job Just Yet. Draft an Artist Management Company Business Plan. Make a Name for Yourself. Get Organized. Work With an Entertainment Accountant. Hire an Entertainment Lawyer.

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.

A Management Agreement is a crucial document that outlines the responsibilities and expectations between a company and its management team. It helps establish clear guidelines and ensures that both parties are on the same page.

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.

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.

The core of the artist's team consists of publishers, record labels, concert promoters and booking agents. The Artist Managers are the grand overseer of that whole team, and they are the ones getting that band together in the first place.