Artist Management Contract With Owner In Georgia

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

Description

The Artist Management Contract with Owner in Georgia establishes a professional relationship between an artist and their manager, outlining responsibilities and rights of both parties. This contract includes vital clauses that specify the manager's role in guiding the artist’s career, such as negotiating contracts and managing publicity. It is designed to clarify the scope of services provided by the manager, which includes representation, negotiation, and advice. The document highlights the duration of the agreement, compensation structures, and termination conditions for both parties. It also emphasizes the fiduciary relationship, ensuring that the manager acts in the best interests of the artist. Filling out this contract requires attention to specific names, addresses, and financial percentages, ensuring clarity in the obligations of each party. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who are involved in the entertainment industry, as it provides a structured framework that can help mitigate disputes and establish clear expectations between artists and managers. Overall, it serves to protect the interests of both parties while promoting a collaborative environment for artistic development.
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FAQ

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

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.

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.

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

What Percentage Do They Make? The most common, or easiest gauging point for management percentage, at least in North America, is 15 to 20% of gross artist revenue. I personally don't know of anyone who charges 15% of gross but I have heard through the industry that some people do. I personally hear of 20% more often.

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.

If you're a musician looking for a music manager, consider following these steps: Develop your music. Create recordings. Explore your network. Contact agencies and managers. Continue to promote your music. Meet and discuss your career goals. Negotiate and sign a contract.

Networking: Attend music industry events, conferences, or concerts. Networking can often lead to personal connections with managers or their representatives. LinkedIn: Search for the artist's management team on LinkedIn. Professionals in the industry often maintain profiles that can provide contact details.

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.

Jenkins said that usually “artists look for a Manager when things get too overwhelming for them to handle themselves.” “But,” she continued, “other artists have someone from the beginning to help get their career off the ground.

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Artist Management Contract With Owner In Georgia