Basic Artist Management Contract Format In Florida

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

Description

The Basic Artist Management Contract format in Florida is a legal document designed to outline the relationship and responsibilities between an artist and their manager. Key features of this contract include detailed sections on the services to be provided by the manager, such as career guidance, negotiation of contracts, and securing employment opportunities for the artist. It specifies the rights and authority of the manager, allowing them to act on the artist's behalf in various matters, while also establishing the artist's obligation to work exclusively with the manager. The contract includes terms regarding compensation, termination clauses, and fiduciary responsibilities, ensuring a clear understanding of financial arrangements and duties. Filling out the contract requires both parties to provide personal details, including names and addresses, and to agree on specific terms, such as the duration of the contract and the percentage of gross earnings to be paid to the manager. This document serves critical use cases for attorneys, business partners, owners, associates, paralegals, and legal assistants by providing a structured agreement that safeguards the interests of both the artist and the manager in the dynamic entertainment industry.
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FAQ

How To Become An Artist Manager Understand Your Role: Managing Artists' Expectations. Educate Yourself. Become a Student Manager. Make College Friends. Join College Radio. Promote College Events. Acquire Your Own Clients. Help A Friend.

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.

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

Quick find Considerations before you start a management company. How to start a management company. Choose a management company name. Know the specifics of who you want to manage and draw up a business plan. Get your management company incorporated. Hire support, especially for those areas you know little about. Scout talent.

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.

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.

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.

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.

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.

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Basic Artist Management Contract Format In Florida