Managers typically receive 15% to 20% of the artist's gross earnings (before any expenses are deducted), but this figure can vary from contract to contract. For example, a manager might start at 20% and decrease his or her cut to 15% after a period of time or once the artist achieves a certain level in their career.
During the Term of this Agreement, you will not enter into. any agreement which would interfere with the full and prompt performance of. your obligations hereunder, and you will not perform or render any services for. the purpose of making Records or Master Recordings for any Person other than. Company.
Record contracts typically state their duration as a requirement for the artist to make an initial recording within a certain time frame (often one year), followed by successive one-year (or occasionally multi-year) options to extend the contract for up to seven total albums for a total of seven years.
The Artist shall procure and maintain for the duration of the Agreement, insurance against claims for injuries to persons or damage to property which may arise from or in connection with the performance of the work hereunder by the Artist, their agents, representatives, employees, or subcontractors.
The contract term period typically ranges from 1-3 years for young artists or those just starting out. Long-term agreements, which can be 5-10 years long or longer, are usually offered to more established and accomplished musicians or those with a successful track record.
Important clauses in the artist agreement Parties. This clause defines the parties to the agreement, one would be the producer and the other would be the artist. Project. Payment/compensation. Service/work by an artist/engagement. Terms and conditions. Term/duration. Rights of the parties. Artists obligations.
Contracts like an artist agreement help avoid miscommunications and confusion over the rights and responsibilities of both parties involved. Artist agreements typically include availability expectations, performance markers, and licensing or ownership rights of the works created during the partnership.
The contract needs to have a clear description of the artistic services on offer. The contract lays out the compensation structure for the artist and details the payment terms for the project. This ensures there is clarity about what the artist will produce throughout the project.