US Legal Forms
Artist Management Agreement

Sample Artist Management Contract With Agency In Los Angeles

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

County:

Los Angeles

Control #:

US-0021BG

Format:

Instant download

Description

The Sample Artist Management Contract with Agency in Los Angeles outlines the professional relationship between an artist and their manager. Key features include the manager's responsibilities in providing guidance, negotiation, and representation to further the artist's career in various industries, including music and performing arts. The contract stipulates that the manager will act as the artist's sole representative, requiring prior consent for any independent negotiations initiated by the artist. Compensation terms indicate that the manager will retain a percentage of the artist's gross earnings, with detailed exclusions outlined to ensure clarity on what constitutes gross monthly income. Specific use cases for this form target individuals in the entertainment industry, particularly artists seeking professional management and agencies providing those services. It is particularly useful for attorneys, paralegals, and legal assistants who require documentation to navigate contracts in the entertainment sector. Additionally, it assures parties of their fiduciary obligations and sets terms for dispute resolution, ensuring thorough legal protection.

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FAQ

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.

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.

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

Management Contracts Involving Hotels The contract is between the hotel owner and the management company, which takes over operation management. Sometimes, the contract is for only one of the outlets of the hotel, whereas in other instances, the contract may be for the entire hotel chain.

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.

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.