What is an artist management agreement?

An Artist Management Agreement is used by a personal manager to contract with a recording and performing musical artist to set the terms for managing the artist's career. The manager receives a percentage of all the income generated by the artist for the management services provided.

What does management do for an artist?

An artist manager is the professional representative and advisor for a musician or band. Managers help build an artist's career and get their client's music in the hands of producers and label executives, as well as negotiating contracts and setting up tours.

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Artist Management Agreement

Queens New York Artist Management Agreement

Name: Queens New York Artist Management Agreement
Brand: US Legal Forms
Rating: 4.81 (434 reviews)

Category:

Contracts - Entertainment

State:

Multi-State

County:

Queens

Control #:

US-0021BG

Format:

Instant download

Description

Itâ€™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.

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And their income is tied to their artist's success. The typical fixed commission rate is 15 to 20 percent of gross income, but some managers work with a variable rate: For instance, 10 percent on income to $100,000, 15 percent on income to $500,000 and 20 percent above that.

An Artist Management Agreement is used by a personal manager to contract with a recording and performing musical artist to set the terms for managing the artist's career. The manager receives a percentage of all the income generated by the artist for the management services provided.

Artist managers shape their clients' careers both in a day-to-day and long-term sense. They often help clients book gigs, plan album projects, orchestrate record releases and tours, create marketing and merchandising strategies, get paid for their work, and establish and pursue long-term career goals.

The percentage they receive is negotiablebut first, you should understand the usual payment amount for managers. The norm is around 15%, although some artist representatives want 20%, particularly in the case of a new artist. Newer artists require more work upfront before any money is seen.

While there is no set typical payment or commission rate for a manager, most managers earn anywhere from 10-25% of the artist's total income, typically the rate is between 15-20%.

The typical fixed commission rate is 15 to 20 percent of gross income, but some managers work with a variable rate: For instance, 10 percent on income to $100,000, 15 percent on income to $500,000 and 20 percent above that.

It is advisable to give a short term of duration like one or two years to evaluate the compatibility and success of the relation between the artist and the manager and further insert the option to renew the agreement where parties are desirable to extend the contractual relationship.

What percentage does an artist manager get? A manager's compensation is not set in stone, but most managers make between 10 and 25% of an artist's income, typically between 15 and 20%.

An artist manager is the professional representative and advisor for a musician or band. Managers help build an artist's career and get their client's music in the hands of producers and label executives, as well as negotiating contracts and setting up tours.

In writing, preferably with the help of an attorney, your friend can terminate the agreement with a clear explanation of how the manager failed to live up to the expectations of their arrangement. Realistically, the manager's only recourse here is to sue for damages, for breach of contract, or for lost revenue.

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Queens New York Artist Management Agreement

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