Artist Management Agreement Template For Music In New York

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

Description

The Artist management agreement template for music in New York is a comprehensive legal document designed to establish the professional relationship between an artist and their manager. Key features of the agreement include the manager’s responsibilities in representing the artist, negotiating contracts, and providing guidance to enhance the artist’s career. The document outlines the authority granted to the manager, including the ability to act as the artist's attorney-in-fact for various business matters. It specifies the compensation structure, detailing a percentage of the artist's gross monthly earnings, while also mentioning exclusions related to specific costs. Filling and editing instructions emphasize the importance of personalizing the agreement with names, addresses, and any monetary figures, ensuring compliance with New York state laws. This template is particularly useful for attorneys, partners, and paralegals who represent artists and need a solid framework for negotiations and contract management. It also benefits owners and associates in music management firms looking to standardize their agreements and protect the interests of their clients. Legal assistants can utilize this form to streamline contractual processes while ensuring that key legal standards and industry practices are met.
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FAQ

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.

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.

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.

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.

Look for companies that have a track record of success in your genre and have experience working with artists at your level. Check their client roster and read reviews from other artists. You can also attend music industry events and conferences to network with managers and learn more about their companies.

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.

7 Tips for Hiring a Great Management Team Promote from Within. The best way to build your management team is internally. Create a Corporate Culture. Good workers are naturally drawn to companies with a good culture. Look for Management Experience. Actively Recruit. Focus on Soft Skills. Hire for Diversity. Expand Your Search.

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Artist Management Agreement Template For Music In New York