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.
Tour Manager Contract For Music Performance In Massachusetts
Instant download
Description
Free preview
Form popularity
FAQ
The industry norm can vary from contract to contract, but the standard length is often between 3 years – 5 years. For an artist, the shorter the agreement, the better. Note this is something that can be negotiated by both the artist and the manager prior to the parties signing the agreement.
I've asked a few labels over the years, and a typical licensing agreement lasts, on average between 5 to 7 years. Of course, there are much shorter, and much longer contracts out there… do what's fair for both you and the artist.
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.
Typically, a music management contract will call for a 15 to 20% cut of your earnings. In addition to this cut, your manager will also receive compensation for expenses related to managing your career. Compensation can include costs related to travel or dining when they're working on advancing your career.
The Management Agreement should ideally run for no more than three years (and certainly for no more than five years) and there should be various mechanisms by which the Artist can terminate the agreement if the Manager does not achieve various goals.
What does a Tour Manager do? Tour managers take care of nearly every aspect of the lives of musicians and crew while on the road, providing organizational, administrative, and boots-on-the-ground support for the duration of a concert tour.
A: The key elements of a Performance Agreement typically include details about the roles and responsibilities of each party in the agreement; any performance standards or goals which must be met; timelines for completion of tasks; payment terms; termination provisions; dispute resolution clauses; confidentiality ...
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.
Commission Rates 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.
What should a performance contract template include? Detailed service description: Specific tasks, deliverables, timelines, and responsibilities. Objective performance criteria: Measurable standards like KPIs, quality benchmarks, and deadlines. Payment schedule: Milestone-linked payments, payment amounts, and due dates.