Basic Artist Management Contract With A Company In Oakland

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

Description

The Basic Artist Management Contract with a company in Oakland is designed to facilitate the professional relationship between an artist and their manager. This contract outlines the responsibilities of the manager, which include providing guidance, negotiating employment terms, and representing the artist in various engagements. Key features of the agreement include the appointment of the manager as the artist's sole representative, authority to act on behalf of the artist, and compensation structure based on a percentage of the artist's gross earnings. The contract ensures that the artist does not engage other representation without the manager's consent, reinforcing a fiduciary duty between the parties. Filling and editing instructions indicate that the form requires specific information about both the artist and the manager, such as names and addresses, as well as payment terms which must be clearly defined. Target users including attorneys, partners, owners, associates, paralegals, and legal assistants will find this document essential for establishing clear business relationships while protecting the artist’s career. It serves to define roles, limit conflicts of interest, and ensure that both parties comply with the contract's terms, thereby minimizing potential disputes.
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FAQ

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.

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.

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

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

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.

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.

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.

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Basic Artist Management Contract With A Company In Oakland