Music Management Contract With Example In Minnesota

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

Description

The Music Management Contract serves as a formal agreement between an artist and a manager in Minnesota, outlining the scope of management services and compensations. This contract details the roles, responsibilities, and rights of both parties, focusing on the manager's role in representing the artist and advancing their career. Key features include the manager's authority to negotiate contracts, handle bookings, and supervise the artist's professional engagements. The document specifies the duration of the agreement, typically three years, with provisions for renewal and termination. Additionally, it includes clauses regarding compensation, accounting, and reimbursement of expenses incurred by the manager. This contract is particularly useful for individuals in the music industry, including attorneys, artist managers, and paralegals, as it provides a clear framework for managing artist careers effectively while ensuring legal compliance. Users should fill in essential details like names, addresses, percentages for compensation, and any specific terms pertinent to the management relationship. Regular review and updates to the document can ensure it remains relevant as the artist's career evolves.
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FAQ

A Publishing or Song-writing Agreement is the document by which a songwriter assigns the copyright in their compositions to a music publisher in exchange for royalties and, in appropriate cases, an advance against those royalties.

Your Music Recording Contract should cover details like: Compensation and royalties. Where and when the album will be recorded. The album's release date. Who has creative control over specific elements of the album. The termination clause. The exclusive agreement clause. Dispute resolution. Promotional appearances.

Write the contract in six steps Start with a contract template. Open with the basic information. Describe in detail what you have agreed to. Include a description of how the contract will be ended. Write into the contract which laws apply and how disputes will be resolved. Include space for signatures.

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

Recording Contracts As part of this agreement, the label typically pays for the artist's marketing, promotion, and music distribution at every step of the recording process. In return, the artist commits to providing the label with a set quantity of albums or tracks within a given time.

A management agreement governs the relationship between an artist and their manager, and sets out their respective obligations.

A business management agreement formalizes the working relationship between a business and its manager. The contract will include information such as budgeting, the percentage of business revenue owed to the manager, and confidentiality requirements.

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.

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Music Management Contract With Example In Minnesota