US Legal Forms
Artist Management Agreement

Basic Artist Management Contract Format In North Carolina

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 Basic Artist Management Contract format in North Carolina serves as a comprehensive agreement between an artist and their manager, outlining the roles, responsibilities, and compensations associated with artist management. This contract facilitates the artist's career development by granting the manager authority to negotiate, supervise professional employment, and exploit the artist's talents across various media. Essential filling instructions include clearly identifying both parties' names and addresses, detailing the percentage of earnings allocated to the manager, and specifying the term of the agreement, which typically lasts for three years with options for renewal. Key features of the contract involve the manager acting as the artist's attorney-in-fact, the establishment of a fiduciary relationship requiring good faith and loyalty, and clauses concerning termination rights due to breaches or bankruptcy. Attorneys, partners, owners, associates, paralegals, and legal assistants will find this form particularly useful as it provides a structured framework that can be customized to fit individual artist circumstances, facilitates legal compliance in transactions, and helps in managing future disputes through established arbitration processes.

Contracts for musicians for george

View this form

Agreement for booking a flat

View this form

Artist agreement statement for elementary students

View this form

Sample Letter for Order Granting Motion fo...

View this form

Form popularity

FAQ

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.

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

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.

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.

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.

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.