US Legal Forms
Artist Management Agreement

Artist Management Contracts For Artists In Queens

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.

Category:

Contracts - Entertainment

State:

Multi-State

County:

Queens

Control #:

US-0021BG

Format:

Instant download

Description

The Artist Management Agreement is a comprehensive document designed for artists in Queens seeking professional management support. It establishes a contractual relationship between the artist and manager, detailing the scope of services provided, such as career guidance, contract negotiation, and publicity management. Key features include the appointment of the manager as the artist's representative, stipulations regarding compensation based on gross monthly earnings, and the management's authority to act on the artist's behalf. Filling and editing instructions emphasize the need for clear identification of parties involved, agreement on specific terms, and accurate definitions of earnings. This contract is particularly relevant for attorneys, partners, owners, associates, paralegals, and legal assistants who assist artists with career development, ensuring compliance with regulatory frameworks, and handling issues of contract execution. Furthermore, the agreement incorporates clauses on termination, fiduciary responsibilities, and assignment of rights, highlighting the legal protections and obligations for both parties involved.

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FAQ

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 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.

This typically involves providing written notice within the specified timeframe and adhering to any other requirements stated in the agreement. Remember, getting out of a music management contract can be a complex process, and it's important to approach it carefully before terminating.

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.

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.

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