US Legal Forms
Artist Management Agreement

Sample Artist Management Contract Format In Michigan

Category:

Contracts - Entertainment

State:

Multi-State

Control #:

US-0021BG

Format:

Instant download

Description

The Sample Artist Management Contract Format in Michigan is a legal document designed to formalize the relationship between an artist and their manager. It outlines the services the manager will provide, such as acting as the artist's negotiator, managing professional employment, and overseeing publicity efforts. The agreement establishes the manager's rights and authority, including the ability to act as the artist's attorney-in-fact under specific conditions. It includes provisions for compensation based on the artist's gross monthly earnings and sets guidelines for expenditures and reimbursements. The contract also defines the term of the agreement, termination conditions, and mutual obligations, ensuring that both parties understand their rights and responsibilities. This form is particularly valuable for attorneys, managers, and artists as it provides a clear framework for collaboration. It should be filled out by including names, addresses, and specific details about services and compensation. This contract serves as a foundational tool for artists aiming to develop their careers while ensuring that their managerial relationships are legally sound.

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FAQ

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.

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.

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

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.

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.

5 Must-Have Clauses in Artist Management Contracts Commission Rates. Term Length in Management Agreements. Decision-Making Authority. Sunset Clause (place after Term) ... Exclusivity.

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