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.
The most common distribution is 15-20% for the artists and 75-80% for labels but it can go up to 50-50 with indie labels. For example, if you sign a 360° contract, your record label manages all aspects of your music project, from manufacturing to distribution, from marketing to publishing to sub-licensing, and more.
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.
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.
Common Sections in Artist Management Agreements ARTIST MANAGEMENT AGREEMENT. BACKGROUND. Services Of The Manager. Rights And Authority Of The Manager. Term. Compensation. Accounting. Expenses.
I'd second between 100 and 200. Commissions in general should run higher than something you might make in your own time. I think around 120 or so is plenty reasonable for a piece of that size.
Writing an Artist's Statement? Start with These Questions What does your work look like? What are its physical properties? How does it exist in space? Where do we see it? Is your work temporal? How are you making this work? Why do you make this work? How do viewers experience your work?
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.
Several online platforms are designed to connect artists with industry professionals, including managers. Sites like ReverbNation, Sonicbids, and Music Gateway offer opportunities to showcase your music and connect with potential managers. Use these platforms to expand your reach and network.