Basic Artist Management Contract With A Company In Nevada

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

Description

The Basic Artist Management Contract with a company in Nevada serves to establish a professional relationship between an artist and a manager. This agreement outlines the manager's responsibilities, including negotiating employment terms, supervising professional engagements, and promoting the artist's brand. It also grants the manager certain rights to act on the artist's behalf while emphasizing the fiduciary relationship between the two parties. The contract specifies the duration of the agreement, compensation structure based on gross monthly earnings, and conditions for termination. Filling out the contract requires clear identification of both parties and agreement on key terms such as the manager's commission percentage and any necessary expenses. This form is particularly useful for attorneys, partners, and owners working with artists by providing a reliable framework to formalize the management relationship while ensuring the artist's interests are protected. Paralegals and legal assistants can also use this document to facilitate the contracting process, ensuring compliance with legal standards in Nevada.
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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.

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.

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.

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

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.

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.

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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Basic Artist Management Contract With A Company In Nevada