It’s important that the business arrangement between a manager and their client (artist, musician, songwriter, producer, engineer, etc) be put into writing and signed by both parties in the form of an artist management contract or music manager agreement.
Even though disasters cannot always be avoided, obligations can be made much clearer and responsibilities more easily understood with the presence of a written artist management agreement. Before you get an attorney to draft a contract for you, however, you should first take stock of what you are prepared to do with and for an artist and what you expect out of the relationship.
Artist Manager Contract With Record Label In San Diego
Category:
State:
Multi-State
County:
San Diego
Control #:
US-0021BG
Format:
Word;
Rich Text
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FAQ
Ok, good. This week, major labels banded together to unveil a revolutionary new type of record deal: the 720 deal. It follows the same basic principles as the 360 deal, but with one groundbreaking twist: record labels are now also allowed to take a cut out of the incomes of family members of signed musicians.
A common split of the profit is an equal 50/50 split between the label and artist, but a higher split may be agreed in favour of either party. The label will traditionally cover all or most costs upfront.
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.
Record Labels are the providers for the artist. They help establish presence on social media, provide the studio sessions, the tours, the buses, the social media followers, etc. They help promote the artist's music so it can reach a larger audience.
Scope of Responsibilities: Managers have a broader role, covering almost all aspects of an artist's career, while labels focus specifically on music production, distribution, and large-scale promotion.
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.
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
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.
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.
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.
