It’s important that the business arrangement between a manager and their client (artist, musician, songwriter, producer, engineer, etc) be put into writing and signed by both parties in the form of an artist management contract or music manager agreement.
Even though disasters cannot always be avoided, obligations can be made much clearer and responsibilities more easily understood with the presence of a written artist management agreement. Before you get an attorney to draft a contract for you, however, you should first take stock of what you are prepared to do with and for an artist and what you expect out of the relationship.
Manager Contract For Music Artist Within In Georgia
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Managers usually takes a percentage of the artist's income. This typically ranges between 10 to 20% and is usually 15% for indie artists in my experience.
Look for Managers with Experience: Find managers who have a track record of working with artists in your genre. Check References: Seek recommendations from other artists or industry contacts. Review Their Roster: Look at the artists they currently manage to see if they align with your style and goals.
I would say that having a manager is a necessity when the artist is established enough and is dealing with high fees, lots of press and crazy tour schedules. This is where having a manager is absolutely vital.
5 Must-Have Clauses in Artist Management Contracts Commission Rates. Term Length in Management Agreements. Decision-Making Authority. Sunset Clause (place after Term) ... Exclusivity.
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.
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.
If you've been handling everything on your own and are hitting a wall getting past the proverbial industry waiting room, it might be time to hire a manager. A manager must constantly work at managing your own expectations and goals, while expanding your base of industry relationships, experience and knowledge.
Managers usually takes a percentage of the artist's income. This typically ranges between 10 to 20% and is usually 15% for indie artists in my experience.