Artist Management Contract Example In Cook

State:
Multi-State
County:
Cook
Control #:
US-0021BG
Format:
Word; 
Rich Text
Instant download

Description

The Artist management contract example in Cook outlines a formal agreement between an artist and a manager for the purpose of promoting the artist's career in the entertainment industry. This contract includes key features such as the services to be provided by the manager, the rights and authority granted to the manager, and the financial terms related to the compensation structure. Filling out the form involves specifying the names, addresses, and specific terms regarding the duration of the agreement and the percentage of gross earnings designated for the manager. It serves various use cases including the establishment of a fiduciary relationship and clear delineation of responsibilities and expectations. Target audience members such as attorneys, partners, owners, associates, paralegals, and legal assistants will find this form useful for ensuring proper representation and management of artists while safeguarding both parties' interests. Editing instructions recommend that users carefully review the terms to match their unique needs and ensure compliance with applicable laws. Overall, this document is essential for organizing the professional dynamic between an artist and their manager.
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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.

5 Must-Have Clauses in Artist Management Contracts Commission Rates. Term Length in Management Agreements. Decision-Making Authority. Sunset Clause (place after Term) ... Exclusivity.

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

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.

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.

A business management agreement formalizes the working relationship between a business and its manager. The contract will include information such as budgeting, the percentage of business revenue owed to the manager, and confidentiality requirements.

Can anyone make a legally binding contract? Yes, almost anyone can make a legally binding contract between two parties if all the abovementioned conditions are met. The contract must involve legal subject matter, and both parties must freely consent to the terms.

Contract Overview. Briefly outline. Objectives. List objectives and desired outcomes here. Transitional arrangements and mobilisation. Briefly outline. Performance management. Briefly outline. Finance. Briefly outline. Governance arrangements. Communication with provider. Briefly outline. Communication with stakeholders.

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Artist Management Contract Example In Cook