Typically the range is between 10-20%. There is also an allowance for a change in commission for when the artists income exceeds a set amount so management can share in a larger part of the income and acts as an incentive to reach this goal.
Common Sections in Artist Management Agreements ARTIST MANAGEMENT AGREEMENT. BACKGROUND. Services Of The Manager. Rights And Authority Of The Manager. Term. Compensation. Accounting. Expenses.
The core of the artist's team consists of publishers, record labels, concert promoters and booking agents. The Artist Managers are the grand overseer of that whole team, and they are the ones getting that band together in the first place.
Your manager can earn anywhere between 15 and 25 percent of your earnings. This is fairly standard. Other details that you should look into include the length of the contract and the continuation of payments to your manager after the contract ends.
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.
Starting a Career in Artist Management: A Step-by-Step Guide Research the industry and understand the role of an artist manager. Gain experience by interning or assisting established artist managers. Build a strong network by attending industry events and connecting with artists.
Look for companies that have a track record of success in your genre and have experience working with artists at your level. Check their client roster and read reviews from other artists. You can also attend music industry events and conferences to network with managers and learn more about their companies.