What is an artist manager's usual and customary commission?

Managers usually takes a percentage of the artist's income. This typically ranges between 10 to 20% and is usually 15% for indie artists in my experience.

US Legal Forms
Artist Management Agreement

Sample Management Contract For Artist In Nevada

Q: What does an artist management team consist of?

The core of the artist&#039;s team consists of publishers, record labels, concert promoters and booking agents. The Artist Managers are the grand overseer of that whole team, and they are the ones getting that band together in the first place.

Q: What is an artist manager&#039;s usual and customary commission?

Managers usually takes a percentage of the artist&#039;s income. This typically ranges between 10 to 20% and is usually 15% for indie artists in my experience.

Category:

Contracts - Entertainment

State:

Multi-State

Control #:

US-0021BG

Format:

Instant download

Description

The Sample Management Contract for Artist in Nevada outlines the terms and responsibilities between an artist and their manager, detailing expectations for career development in music and performance. Key features include the manager's authority to represent the artist, negotiate contracts, and manage their public image while ensuring communication and cooperation between both parties. The contract establishes a fiduciary relationship, mandate for compensation based on gross monthly earnings, and conditions for termination or breach. Filling out the form requires attention to details such as the specific percentages for compensation and clear definitions of roles and responsibilities. Attorneys, partners, owners, associates, paralegals, and legal assistants can utilize this contract to protect the interests of their clients in the entertainment industry, ensuring that both the artist's and manager's rights and obligations are clearly defined. This template aids in the legitimate establishment of professional relationships, facilitating transparent communication and expectations within the artistic career framework.

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FAQ

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

Management Contracts Involving Hotels The contract is between the hotel owner and the management company, which takes over operation management. Sometimes, the contract is for only one of the outlets of the hotel, whereas in other instances, the contract may be for the entire hotel chain.

The core of the artist's team consists of publishers, record labels, concert promoters and booking agents. The Artist Managers are the grand overseer of that whole team, and they are the ones getting that band together in the first place.

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

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.

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.

Comments Section Networking: Attend industry events, music conferences, and shows to meet people in the industry. Research: Look for managers who work with artists in your genre and have a track record of success. Referrals: Ask fellow musicians and industry contacts for recommendations.

Managers usually takes a percentage of the artist's income. This typically ranges between 10 to 20% and is usually 15% for indie artists in my experience.

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.