US Legal Forms
Artist Management Agreement

Sample Artist Management Contract Format In Ohio

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 Sample artist management contract format in Ohio serves as a formal agreement between an artist and a manager, detailing the services and responsibilities of both parties. Key features include the obligations of the manager to promote and manage the artist’s career, handle negotiations, and represent the artist across various media. This contract clearly outlines the compensation structure, defining the percentage of the artist's gross monthly earnings that the manager will receive, while also specifying the exclusions from these earnings. It allows for a term of three years with options for renewal, and includes provisions for termination due to breaches or failure to fulfill obligations. Additionally, the contract emphasizes the fiduciary relationship between the manager and the artist, requiring good faith and loyalty. Attorneys, partners, owners, associates, paralegals, and legal assistants can utilize this form to ensure comprehensive legal coverage for their clients in the entertainment industry, supporting both the clarity of roles and fair representation in contracts.

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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.

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

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.

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.

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.