US Legal Forms
Artist Management Agreement

Basic Artist Management Contract For Artists In Franklin

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

County:

Franklin

Control #:

US-0021BG

Format:

Instant download

Description

The Basic Artist Management Contract for Artists in Franklin is a comprehensive legal document designed to establish a formal relationship between an artist and their manager. This agreement outlines the services the manager will provide, such as representing the artist, negotiating contracts, and supervising professional engagements. Key features include the appointment of the manager as the artist's sole representative, the definition of gross monthly earnings, and the rights and responsibilities of both parties throughout the contract duration. Filling instructions emphasize clarity in the artist's and manager's details, specifying their respective roles and agreements on compensation. This contract is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in the entertainment industry, as it provides a clear legal framework for managing an artist's career. It also serves as a reference for resolving disputes, ensuring that both parties understand their fiduciary obligations and the terms of their partnership. Additionally, the document allows for modifications, adherence to applicable laws, and includes arbitration clauses for conflict resolution.

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Form popularity

FAQ

Artist Manager Salary Annual SalaryHourly Wage Top Earners $400,000 $192 75th Percentile $400,000 $192 Average $246,250 $118 25th Percentile $92,500 $44

The common standard term for a management contract is typically between one and five years, but this can vary depending on the specific needs and goals of the parties involved.

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

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.

Here are some steps you can follow to start your career as a music manager: Earn a bachelor's degree. Complete an internship. Stay updated on trends in the industry. Apply for jobs with established artists or companies. Find your own clients.

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.