It’s important that the business arrangement between a manager and their client (artist, musician, songwriter, producer, engineer, etc) be put into writing and signed by both parties in the form of an artist management contract or music manager agreement.
Even though disasters cannot always be avoided, obligations can be made much clearer and responsibilities more easily understood with the presence of a written artist management agreement. Before you get an attorney to draft a contract for you, however, you should first take stock of what you are prepared to do with and for an artist and what you expect out of the relationship.
A Virginia Artist Management Agreement is a legal contract between a musician, artist, or band (the "Artist") and a manager or management company (the "Manager"). This agreement outlines the terms and conditions of the professional relationship between the Artist and Manager, establishing the roles, rights, responsibilities, and compensation of both parties. The Virginia Artist Management Agreement typically covers various aspects related to the Artist's career and the Manager's role in managing and developing that career. This includes but is not limited to: 1. Duties and Scope: The agreement defines the specific services that the Manager will provide, such as booking shows, negotiating deals, securing endorsements, advising on branding and marketing, and overall career development. 2. Term: The agreement specifies the duration of the contract, which can range from a fixed term (e.g., two years) to an ongoing agreement until terminated by either party. 3. Exclusivity and Authority: It outlines whether the management agreement is exclusive, meaning the Artist must work exclusively with the Manager, or non-exclusive, allowing the Artist to work with other management or industry professionals. The agreement also defines the Manager's authority to make decisions on behalf of the Artist. 4. Financial Arrangements: This section outlines the compensation structure for the Manager. It typically includes a commission-based model that entitles the Manager to a percentage (often around 15-20%) of the Artist's earnings, including income from record sales, live performances, merchandising, and other revenue streams. 5. Expenses: The agreement may detail the expenses the Manager is responsible for, such as travel costs, promotion, and administrative expenses. It clarifies how these expenses will be reimbursed and whether they will be deducted from the Artist's future earnings. 6. Termination: This section describes the circumstances under which either party can terminate the agreement, such as breach of contract, failure to perform obligations, or mutual agreement. 7. Governing Law: Being a Virginia-specific agreement, it will specify that it is subjected to the laws of the state of Virginia and the exclusive jurisdiction of its courts for any legal disputes. It is important to note that there may be variations or additional clauses in different Virginia Artist Management Agreements, depending on the preferences and priorities of both parties involved. These agreements may be tailored according to specific circumstances, artist genres (musician, painter, etc.), or particular needs and requests from the Artist or Manager.
A Virginia Artist Management Agreement is a legal contract between a musician, artist, or band (the "Artist") and a manager or management company (the "Manager"). This agreement outlines the terms and conditions of the professional relationship between the Artist and Manager, establishing the roles, rights, responsibilities, and compensation of both parties. The Virginia Artist Management Agreement typically covers various aspects related to the Artist's career and the Manager's role in managing and developing that career. This includes but is not limited to: 1. Duties and Scope: The agreement defines the specific services that the Manager will provide, such as booking shows, negotiating deals, securing endorsements, advising on branding and marketing, and overall career development. 2. Term: The agreement specifies the duration of the contract, which can range from a fixed term (e.g., two years) to an ongoing agreement until terminated by either party. 3. Exclusivity and Authority: It outlines whether the management agreement is exclusive, meaning the Artist must work exclusively with the Manager, or non-exclusive, allowing the Artist to work with other management or industry professionals. The agreement also defines the Manager's authority to make decisions on behalf of the Artist. 4. Financial Arrangements: This section outlines the compensation structure for the Manager. It typically includes a commission-based model that entitles the Manager to a percentage (often around 15-20%) of the Artist's earnings, including income from record sales, live performances, merchandising, and other revenue streams. 5. Expenses: The agreement may detail the expenses the Manager is responsible for, such as travel costs, promotion, and administrative expenses. It clarifies how these expenses will be reimbursed and whether they will be deducted from the Artist's future earnings. 6. Termination: This section describes the circumstances under which either party can terminate the agreement, such as breach of contract, failure to perform obligations, or mutual agreement. 7. Governing Law: Being a Virginia-specific agreement, it will specify that it is subjected to the laws of the state of Virginia and the exclusive jurisdiction of its courts for any legal disputes. It is important to note that there may be variations or additional clauses in different Virginia Artist Management Agreements, depending on the preferences and priorities of both parties involved. These agreements may be tailored according to specific circumstances, artist genres (musician, painter, etc.), or particular needs and requests from the Artist or Manager.