Common Sections in Artist Management Agreements ARTIST MANAGEMENT AGREEMENT. BACKGROUND. Services Of The Manager. Rights And Authority Of The Manager. Term. Compensation. Accounting. Expenses.
Artist Work-For-Hire Agreement RETENTION OF ARTIST. A. TERM OF THE AGREEMENT. A. RESPONSIBILITIES OF ARTIST. Artist agrees to create, develop, and provide Artwork to Company(Work-for-hire Co.) ... COMPENSATION. A. OWNERSHIP RIGHTS. A. REPRESENTATIONS AND WARRANTIES. A. CONFIDENTIALITY. INDEMNIFICATION.
A business management agreement formalizes the working relationship between a business and its manager. The contract will include information such as budgeting, the percentage of business revenue owed to the manager, and confidentiality requirements.
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.
5 Must-Have Clauses in Artist Management Contracts Commission Rates. Term Length in Management Agreements. Decision-Making Authority. Sunset Clause (place after Term) ... Exclusivity.
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.
It is a legal agreement that binds the Artist and the Company to fulfill all the terms and conditions contained in it. All Individual Artist Agreements must be in compliance with the respective Collective Bargaining Agreement.
Under work for hire, the commissioning party owns all rights from the very start even if the contract is breached, whereas under a transfer of rights, the creator can hold back the rights until all terms of the contract are fulfilled.
An artist licensing agreement allows an artist while retaining full copyright ownership of their work, to grant permission to another party to use their art.