US Legal Forms
Artist Management Agreement

Basic Artist Management Contract Format In Santa Clara

Q: What is the typical commission for an artist manager?

Managers&#039; commissions are typically between 15 to 20% of an artist&#039;s gross income. Whether it&#039;s 15% or 20% really depends on the level of the band and the bargaining power of each party. I&#039;ve seen some net deals, but they are extremely rare. That being said, I always push for a net commission on merchandise.

Category:

Contracts - Entertainment

State:

Multi-State

County:

Santa Clara

Control #:

US-0021BG

Format:

Instant download

Description

The Basic artist management contract format in Santa Clara serves as a vital legal agreement between an artist and their manager to govern the relationship and set clear expectations regarding services and compensation. This contract outlines the responsibilities of the manager, including representing the artist, negotiating contracts, and supervising professional employment, ensuring the artist's career is effectively managed. The agreement also details the rights and authority granted to the manager, allowing them to act in the best interests of the artist while maintaining a fiduciary relationship. Additionally, it specifies the compensation structure, with the manager receiving a percentage of the artist's gross monthly earnings, encompassing various income sources related to the artist's career. The contract includes provisions for termination, modification, and the handling of disputes through arbitration. This format is especially useful for attorneys, partners, and legal professionals as it provides a clear outline for negotiating artist-management relationships, while ensuring compliance with legal standards. Paralegals and legal assistants can utilize this form to assist in drafting and filing artist management agreements efficiently, benefiting the entertainment industry by formalizing agreements that foster successful artist careers.

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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.

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.

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.

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

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.

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.

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