US Legal Forms
Artist Management Agreement

Artist Management Agreement Template With Multiple Artists In Chicago

Q: What is the artist management team structure?

The core of the artist&#039;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.

Q: What does an artist management team consist of?

The core of the artist&#039;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.

Q: What is the typical commission for an artist manager?

Managers&#039; commissions are typically between 15 to 20% of an artist&#039;s gross income. Whether it&#039;s 15% or 20% really depends on the level of the band and the bargaining power of each party. I&#039;ve seen some net deals, but they are extremely rare. That being said, I always push for a net commission on merchandise.

Category:

Contracts - Entertainment

State:

Multi-State

City:

Chicago

Control #:

US-0021BG

Format:

Instant download

Description

The Artist Management Agreement template with multiple artists in Chicago is a comprehensive legal document designed to govern the relationship between an artist and their manager. It outlines the roles and responsibilities of both parties, including the manager's authority to negotiate contracts, manage bookings, and supervise the artist's professional conduct. Key features include provisions for services rendered by the manager, a power of attorney for decision-making on behalf of the artist, and specific terms related to compensation based on gross monthly earnings. The agreement ensures that the manager acts in the best interests of the artist while allowing for continued representation of other clients. It is beneficial for various legal professionals, including attorneys and paralegals, providing clarity on contractual obligations and rights. For owners and partners, the agreement facilitates structured collaboration among multiple artists, outlining distinct roles and avoiding conflicts of interest. The template can be easily edited to reflect specific terms pertinent to individual cases, making it a versatile tool for managing artistic talents effectively.

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FAQ

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.

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

An artist team can consists of many managers (personal managers, business managers, road managers, production managers/technical managers), a live/booking agent, a music publicist, a radio/streaming promoter, a music publisher, a entertainment attorney, and a music distributor.

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.

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.