Negotiating contracts is an art that demands a blend of soft skills and business acumen. As an agent, your role is pivotal to create win-win scenarios for your artists and their bookers. You shape careers and mold dreams, but you also navigate the minefield of contractual agreements.
When it comes to contract negotiations, the top three stakeholders in an organization are the legal, procurement, and sales teams. The legal team holds the pen and writes the language within the contract. They're responsible for ensuring the contract meets all legal requirements.
SAG-AFTRA negotiates contracts that cover the work of media professionals in front of a camera or behind a microphone. Below are links to contract information, rates, FAQs and resources that help members and producers navigate the media and entertainment industries.
Your agent: A football agent typically leads negotiations on your behalf. Agents are responsible for securing the best financial package and ensuring that all aspects of the contract meet your expectations. The club: The club's management or board of directors will be on the other side of the table.
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.
SAG-AFTRA negotiates contracts that cover the work of media professionals in front of a camera or behind a microphone. Below are links to contract information, rates, FAQs and resources that help members and producers navigate the media and entertainment industries.
This typically involves providing written notice within the specified timeframe and adhering to any other requirements stated in the agreement. Remember, getting out of a music management contract can be a complex process, and it's important to approach it carefully before terminating.
How long is a normal artist manager contract? The standard length of the management contract is three years but it can vary from 2 to 5 years on a case by case basis. Most contracts also include a "Sunset" clause.