Basic Artist Management Contract With A Company In Suffolk

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

Description

The Basic artist management contract with a company in Suffolk is a comprehensive agreement designed to outline the relationship between an artist and their manager. It stipulates the services the manager will provide, including career guidance, representation in negotiations, and supervision of professional employment. This contract grants the manager the authority to act as the artist's attorney-in-fact, enabling them to engage with third parties on behalf of the artist. Key features include terms of compensation, which is a percentage of the artist's gross monthly earnings, and clauses detailing the rights and obligations of both parties. The agreement lasts for three years with options for renewal, and it outlines responsibilities in terms of managing finances and making expenditures. It also includes provisions for termination and dispute resolution via arbitration. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who may represent artists or managers, as it clearly defines roles, rights, obligations, and expectations, ensuring transparency and protection for both parties.
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  • Preview Artist Management Agreement
  • Preview Artist Management Agreement
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FAQ

How To Become An Artist Manager Understand Your Role: Managing Artists' Expectations. Educate Yourself. Become a Student Manager. Make College Friends. Join College Radio. Promote College Events. Acquire Your Own Clients. Help A Friend.

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.

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.

Quick find Considerations before you start a management company. How to start a management company. Choose a management company name. Know the specifics of who you want to manage and draw up a business plan. Get your management company incorporated. Hire support, especially for those areas you know little about. Scout talent.

Common Sections in Artist Management Agreements ARTIST MANAGEMENT AGREEMENT. BACKGROUND. Services Of The Manager. Rights And Authority Of The Manager. Term. Compensation. Accounting. Expenses.

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Basic Artist Management Contract With A Company In Suffolk