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.
7 Tips for Hiring a Great Management Team Promote from Within. The best way to build your management team is internally. Create a Corporate Culture. Good workers are naturally drawn to companies with a good culture. Look for Management Experience. Actively Recruit. Focus on Soft Skills. Hire for Diversity. Expand Your Search.
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.
Look for companies that have a track record of success in your genre and have experience working with artists at your level. Check their client roster and read reviews from other artists. You can also attend music industry events and conferences to network with managers and learn more about their companies.
How to get signed by a record label Define your sound. Build your online presence. Release high-quality music. Develop your industry network. Submit your music. Music managers and music lawyers.
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.
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.
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.
Write the contract in six steps Start with a contract template. Open with the basic information. Describe in detail what you have agreed to. Include a description of how the contract will be ended. Write into the contract which laws apply and how disputes will be resolved. Include space for signatures.
The industry standard is 50/50 , our's is 70/30 – that's 70% to Artist and only 30% to Company but when the Contract ends you retain 100%. We do not own anything. Q: On a Record and Distribution Contract, do I retain my Publishing rights and Copyrights?