US Legal Forms
Artist Management Agreement

Basic Artist Management Contract For Artists In Suffolk

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:

Suffolk

Control #:

US-0021BG

Format:

Instant download

Description

The Basic Artist Management Contract for Artists in Suffolk outlines the relationship between an artist and their manager, detailing the services the manager will provide to advance the artist's career. Key features include the manager's authority to negotiate on behalf of the artist, manage bookings, and approve publicity related to the artist's persona. The contract defines the duration of the agreement, compensation structures based on the artist's gross earnings, and provisions for termination under various circumstances. Filling and editing instructions emphasize the need for the parties to input their names, addresses, and specific percentages for compensation, making it essential for customization. This contract is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants by offering a clear framework for management agreements, ensuring compliance with legal standards in artistic representation, and facilitating negotiations. Additionally, it serves as a protective measure for both parties, enabling effective partnership and career development within the entertainment industry.

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FAQ

The common standard term for a management contract is typically between one and five years, but this can vary depending on the specific needs and goals of the parties involved.

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.

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

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

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.

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.

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.