A tour manager (or concert tour manager) is the person who helps to organize the administration for a schedule of appearances of a musical group (band) or artist at a sequence of venues (a concert tour).
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.
It's worth noting that tour managers often double as personal managers. This means that they not only oversee the logistics of the tour but also manage all aspects of an artist's life. They are responsible for not only ensuring a smooth-running tour but also ensuring the artist's happiness and well-being.
Good managers are patient. They are willing to work with an artist over a long career, executing their client's vision with a step-by-step plan. This requires developing intimate relationships with each client, relationships that take time to build.
A Management Agreement is a contract between a property owner and a designated manager that outlines the responsibilities and expectations of both parties in managing the property. It typically covers tasks such as rent collection, maintenance, repairs, and tenant communication.
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.
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.
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.