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.
Artist Manager Contract With Record Label In Michigan
Instant download
Description
Free preview
Form popularity
FAQ
An Artist Agent Agreement is a legal contract between an artist and their agent that defines the terms of their professional relationship. It covers aspects such as the scope of work, responsibilities, commission structure, and duration of the agreement.
A common split of the profit is an equal 50/50 split between the label and artist, but a higher split may be agreed in favour of either party. The label will traditionally cover all or most costs upfront.
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.
Ok, good. This week, major labels banded together to unveil a revolutionary new type of record deal: the 720 deal. It follows the same basic principles as the 360 deal, but with one groundbreaking twist: record labels are now also allowed to take a cut out of the incomes of family members of signed musicians.
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.
How to create a Music Recording Contract Step 1: Specify where you're creating the Music Recording Contract. Step 2: Provide the recording company's and artist's details. Step 3: Outline the production details. Step 4: Outline the recording details. Step 5: Decide if the contract will include an exclusive agreement clause.
Scope of Responsibilities: Managers have a broader role, covering almost all aspects of an artist's career, while labels focus specifically on music production, distribution, and large-scale promotion.
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.
Label managers coordinate, schedule and promote a record company's releases. Working closely with artists, artist managers, distributors and external promotion teams, they are responsible for ensuring musical products are delivered on time, on-budget and on-brand.
