US Legal Forms
Artist Management Agreement

Sample Management Contract For Artist In Riverside

Category:

Contracts - Entertainment

State:

Multi-State

County:

Riverside

Control #:

US-0021BG

Format:

Instant download

Description

The Sample Management Contract for Artist in Riverside is a comprehensive agreement between an artist and a manager aimed at enhancing the artist's career and exploitation of their talents. Key features include the manager's responsibilities, such as negotiating terms and supervising the artist’s professional engagements. The contract grants the manager authority as the artist's representative, while also ensuring that major decisions require the artist's approval. This document outlines compensation terms based on the artist's gross monthly earnings and includes provisions for reimbursement of expenses. It establishes a fiduciary relationship, ensuring trust and loyalty between the parties. The contract is designed for a three-year term, with options for renewal, and includes termination rights for both parties under specific conditions. For attorneys, partners, owners, associates, paralegals, and legal assistants, this form is crucial for understanding the legal responsibilities and rights in artist management, facilitating the negotiation and execution of contracts that protect both the artist's and manager’s interests.

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FAQ

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.

How long is a normal artist manager contract? The standard length of the management contract is three years but it can vary from 2 to 5 years on a case by case basis. Most contracts also include a "Sunset" clause.

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.

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.

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.

An example of a management contract is a contract between a hotel owner and a management company where the management company runs the daily operations of the hotel on behalf of the owner.

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

Management Contracts Involving Hotels The contract is between the hotel owner and the management company, which takes over operation management. Sometimes, the contract is for only one of the outlets of the hotel, whereas in other instances, the contract may be for the entire hotel chain.

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.