Music Management Contracts For Operators In Georgia

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

Description

The Artist Management Agreement is a comprehensive document designed for regulating the professional relationship between artists and their managers in Georgia. It outlines the responsibilities of the Manager, which includes providing career guidance, negotiating contracts, and overseeing the Artist's professional activities. Key features include the Manager's authority to act on behalf of the Artist, the compensation structure based on gross monthly earnings, and provisions for termination by either party under specific circumstances. The Agreement emphasizes a fiduciary relationship, requiring the Manager to act in the Artist's best interests. It is suitable for a variety of users including attorneys, partners, owners, associates, paralegals, and legal assistants by providing clear guidelines for the management and representation of artists. Additionally, the form offers practical instructions for filling in personal details and modifications, enhancing its usability for legal professionals. Overall, this document is vital for ensuring a structured and legally binding partnership between artists and their management teams.
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FAQ

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.

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.

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

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.

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.

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.

Short-term contracts, often lasting one to three years, are more prevalent for young performers or those just starting. Long-term agreements, which can be five to ten years long or longer, are only offered to more seasoned musicians or those with a successful track record.

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.

Your Music Recording Contract should cover details like: Compensation and royalties. Where and when the album will be recorded. The album's release date. Who has creative control over specific elements of the album. The termination clause. The exclusive agreement clause. Dispute resolution. Promotional appearances.

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Music Management Contracts For Operators In Georgia