US Legal Forms
Artist Management Agreement

Basic Artist Management Contract Format In Georgia

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

Control #:

US-0021BG

Format:

Instant download

Description

The Basic Artist Management Contract format in Georgia is designed to establish a professional relationship between an artist and a manager. Key features include the manager's responsibility to provide guidance and representation for the artist's career, the management's rights to negotiate on behalf of the artist, and a clear outline of compensation based on the artist's gross monthly earnings. The contract emphasizes mutual obligations, allowing termination under specific circumstances, thereby offering protection to both parties. Filling instructions require careful completion of personal details, the agreement's term, and stipulated compensation percentages. This form is particularly useful for attorneys, partners, and owners in the entertainment industry, as they need to ensure compliance and clear terms in artist-management relationships. Paralegals and legal assistants will find it valuable for assisting in managing artist contracts, while legal professionals can use it as a template for drafting similar agreements tailored to individual needs.

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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.

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.

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.

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.

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.