Music Management Contract For Dummies In Collin
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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.
Almost all Artist Management Deal come with an initial term, followed by one or more option periods. The shorter the term, the better for you as an artist. If things are going great, you can always sign another agreement to extend things.
Your Music Recording Contract should cover details like: Compensation and royalties. Where and when the album will be recorded. The album's release date. Who has creative control over specific elements of the album. The termination clause. The exclusive agreement clause. Dispute resolution. Promotional appearances.
Music Management Contracts Explained Most managers receive a percentage of the artist's gross income, typically between 15-30 percent. Before signing a management contract, artists should thoroughly review the terms and consider seeking legal advice.
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.
A music manager is an industry professional who works closely with artists to help them meet their goals. Music managers help with all aspects of a music career, including music production, performance and promotion of the artist.
