It's easy to forget that managing a tour means going on tour oneself. Just like the musicians and crew members they manage, tour managers spend hours riding in cars, buses, and/or planes, work long days that continue well into the night, and sleep in hotels and motels in unfamiliar cities.
It covers the director's responsibilities, remuneration, benefits, termination terms, confidentiality obligations, and other provisions governing the employment relationship. The contract is governed by the laws of the specified country and any disputes are to be resolved through the courts mentioned.
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 partnership agreement is a legal document between two or more business partners that spells out the business's legal structure and purpose. It outlines the following information: Individual partners' responsibilities. Capital contributions.
A Management Agreement is a contract between a property owner and a designated manager that outlines the responsibilities and expectations of both parties in managing the property. It typically covers tasks such as rent collection, maintenance, repairs, and tenant communication.
Also known as principal, client, contractee or owner (project.
For example, a HR manager would be the contract owner of the employment agreement for the new hire. A contract manager is responsible for ensuring that contracts are crafted, negotiated, executed, and supervised effectively.
Record contracts typically state their duration as a requirement for the artist to make an initial recording within a certain time frame (often one year), followed by successive one-year (or occasionally multi-year) options to extend the contract for up to seven total albums for a total of seven years.
Artist Manager Salary Annual SalaryHourly Wage Top Earners $400,000 $192 75th Percentile $400,000 $192 Average $246,250 $118 25th Percentile $92,500 $44