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.

What degree do you need to be an artist manager?

Education: Considering music managers are responsible for all the legal and business aspects of an artist's career, they usually must have a bachelor's degree in the music business (or business in general). Several schools offer music management or business management degrees.

US Legal Forms
Artist Management Agreement

Artist Management Form Formset In New York

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 New York is a comprehensive legal document used to outline the relationship and responsibilities between an artist and their manager. This agreement establishes the manager as the sole personal representative and advisor for the artist, delineating the services to be provided, which may include negotiation of contracts, promotion of the artist's talents, and oversight of professional engagements. Key features of the form include clearly defined rights and authority of the manager, compensation details, and provisions for termination and dispute resolution. Filling out the form requires attention to complete identification sections accurately, including names, addresses, and percentages for compensation. The form should be edited with legal counsel to ensure compliance with specific state laws and the unique needs of each artist. Use cases for this form are relevant to attorneys who specialize in entertainment law, partners and associates within talent agencies, and paralegals assisting in contract management. Legal assistants can benefit from understanding the form's structure to support artists in navigating their managerial relationships effectively.

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FAQ

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.

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.

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.

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.

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.

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.

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

Education: Considering music managers are responsible for all the legal and business aspects of an artist's career, they usually must have a bachelor's degree in the music business (or business in general). Several schools offer music management or business management degrees.