Artist Management Contract Example In Michigan

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

Description

The Artist Management Contract example in Michigan serves as a comprehensive legal framework for the relationship between an artist and their manager. It outlines key features such as the services provided by the manager, rights and authority, compensation structure, and termination provisions. The contract requires managers to act in the artist's best interest while providing guidance, negotiating contracts, and managing promotions. Specifically, it highlights the artist's exclusive appointments and authority granted to the manager, including a power of attorney clause for certain decisions. The form allows for clear adjustments and compensation agreements based on the artist's gross monthly earnings, ensuring transparency in financial transactions. This contract is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in the entertainment sector, as it provides clarity on the obligations and entitlements of each party involved. By using plain language and structured sections, the form enables both parties to understand their rights and responsibilities without needing extensive legal expertise.
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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.

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

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.

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.

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Artist Management Contract Example In Michigan