US Legal Forms
Artist Management Agreement

Basic Artist Management Contract For Artists In Michigan

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

Control #:

US-0021BG

Format:

Instant download

Description

The Basic artist management contract for artists in Michigan is a comprehensive document designed to establish a professional relationship between an artist and their manager. It outlines the responsibilities of the manager, including negotiation, representation, and career guidance specific to the artist's field. Key features of the agreement include the manager's rights and authority, compensation structure, and provisions for termination and conflicts. Users are advised to fill in pertinent details such as names, addresses, and compensation percentages in specified sections to ensure proper execution. The form is particularly beneficial for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a clear framework for artist management, detailing legal obligations and expectations. This contract helps streamline communication, set clear terms for both parties, and protect the artist's rights while ensuring that the manager's role is defined. It also facilitates dispute resolution through arbitration and emphasizes compliance with state laws, enhancing its utility in legal contexts.

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Form popularity

FAQ

Steps To Starting An Artist Management Company Build Your Artist Roster. Sign A Contract. Don't Quit Your Day Job Just Yet. Draft an Artist Management Company Business Plan. Make a Name for Yourself. Get Organized. Work With an Entertainment Accountant. Hire an Entertainment Lawyer.

Quick find Considerations before you start a management company. How to start a management company. Choose a management company name. Know the specifics of who you want to manage and draw up a business plan. Get your management company incorporated. Hire support, especially for those areas you know little about. Scout talent.

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 To Become An Artist Manager Understand Your Role: Managing Artists' Expectations. Educate Yourself. Become a Student Manager. Make College Friends. Join College Radio. Promote College Events. Acquire Your Own Clients. Help A Friend.

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.