What is a music management contract?

An Artist Management Agreement is used by a personal manager to contract with a recording and performing musical artist to set the terms for managing the artist's career. The manager receives a percentage of all the income generated by the artist for the management services provided.

US Legal Forms
Artist Management Agreement

Music Management Contract With A Company In Nevada

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 Music Management Contract with a company in Nevada outlines the relationship between an artist and a manager, detailing the responsibilities, rights, and compensation structure for managing the artist's career. Key features include the manager's obligation to provide guidance and negotiate on behalf of the artist, as well as the authority granted to the manager to act on behalf of the artist in various capacities. Specific instructions for filling out the form highlight the inclusion of the parties' names, addresses, and agreed terms, ensuring clear delineation of obligations. This contract is particularly useful for artists seeking professional management to navigate their careers in the music industry. It is also essential for legal professionals, such as attorneys and paralegals, who need to draft, review, or advise on agreements related to artist representation. The contract serves as a means to establish clear expectations and protect the interests of both parties, making it invaluable for legal assistants and managers alike.

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Form popularity

FAQ

Artist Manager Salary Annual SalaryHourly Wage Top Earners $400,000 $192 75th Percentile $400,000 $192 Average $246,250 $118 25th Percentile $92,500 $44

This typically involves providing written notice within the specified timeframe and adhering to any other requirements stated in the agreement. Remember, getting out of a music management contract can be a complex process, and it's important to approach it carefully before terminating.

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.

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.

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

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

The common standard term for a management contract is typically between one and five years, but this can vary depending on the specific needs and goals of the parties involved.

How long is a normal artist manager contract? The standard length of the management contract is three years but it can vary from 2 to 5 years on a case by case basis. Most contracts also include a "Sunset" clause.

An Artist Management Agreement is used by a personal manager to contract with a recording and performing musical artist to set the terms for managing the artist's career. The manager receives a percentage of all the income generated by the artist for the management services provided.