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While it is not a requirement, it is generally recommended for an artist to have their own manager separate from their record label. The roles of a record label and an artist manager are distinct and serve different functions.
Record Label Manager Salary Annual SalaryHourly Wage Top Earners $100,000 $48 75th Percentile $68,500 $33 Average $59,525 $29 25th Percentile $42,000 $20
Label managers coordinate, schedule and promote a record company's releases. Working closely with artists, artist managers, distributors and external promotion teams, they are responsible for ensuring musical products are delivered on time, on-budget and on-brand.
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.
They guide you on personal and business issues to ensure you're always in your prime form. On the other hand, record labels are more interested in selling your music. They bring in the resources necessary to produce your album and effectively distribute your music to potential fans.
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.
5 Ways To Submit Your Music To A Record Label Online Submission Platforms. Many record labels have an online submission form on their website where you can submit your music, bio, and contact information. Social Media. Networking. Music Promotion Services. Direct Contact.
If you're a musician looking for a music manager, consider following these steps: Develop your music. Create recordings. Explore your network. Contact agencies and managers. Continue to promote your music. Meet and discuss your career goals. Negotiate and sign a contract.
GETTING SIGNED TO A MAJOR LABEL We're talking between 20-100k followers. Many artists end up hiring social media management to get this done so they can stay focused on the music.