Basic Artist Management Contract For Artists In Kings

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

Description

The Basic Artist Management Contract for Artists in Kings is designed to establish a structured relationship between an artist and their manager, ensuring clear roles and responsibilities. The agreement outlines the manager's services, which include representing the artist, negotiating contracts, and managing public relations. It emphasizes the non-exclusive nature of the manager's services, allowing them to work with other clients while still committing to the artist's daily management needs. Key features include the manager's authority to act on behalf of the artist, the terms for compensation, and the artist's obligations regarding financial matters. Specific filling and editing instructions involve personalizing sections with the names and addresses of the artist and manager and ensuring that compensation percentages align with industry norms. This contract is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in the entertainment sector, as it provides a clear legal framework that protects the interests of both parties while facilitating the artist's career development.
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FAQ

Here are some steps you can follow to start your career as a music manager: Earn a bachelor's degree. Complete an internship. Stay updated on trends in the industry. Apply for jobs with established artists or companies. Find your own clients.

Artist Manager Salary Annual SalaryHourly Wage Top Earners $400,000 $192 75th Percentile $400,000 $192 Average $246,250 $118 25th Percentile $92,500 $44

The common standard term for a management contract is typically between one and five years, but this can vary depending on the specific needs and goals of the parties involved.

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.

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

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.

Most managers receive a percentage of the artist's gross income, typically between 15-30 percent. Before signing a management contract, artists should thoroughly review the terms and consider seeking legal advice. It's crucial to understand what you're agreeing to, as this contract can significantly impact your career.

Your manager can earn anywhere between 15 and 25 percent of your earnings. This is fairly standard. Other details that you should look into include the length of the contract and the continuation of payments to your manager after the contract ends.

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Basic Artist Management Contract For Artists In Kings