Music Management Contract With Owner In Texas

State:
Multi-State
Control #:
US-0021BG
Format:
Word; 
Rich Text
Instant download

Description

The Music Management Contract with Owner in Texas is a comprehensive agreement that outlines the relationship between an artist and their manager. This contract specifies that the manager will provide various services, such as career guidance, promotion, and negotiation of employment terms, to help the artist develop their career as a musician. Key features include a detailed description of the manager's rights and authority, terms of compensation, and the duration of the agreement, which is generally set for three years with options for extensions. The form also includes provisions for termination conditions, such as breach of agreement and bankruptcy. It highlights the fiduciary relationship between the artist and manager, ensuring a commitment to mutual benefit. Attorneys, partners, owners, associates, paralegals, and legal assistants can use this form to formalize music management relationships while safeguarding the rights and obligations of both parties. They can refer to this contract for guidance on filling and editing clauses to suit specific circumstances, making it a vital tool in the music industry.
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FAQ

An Artist Management Agreement is used by a personal manager to contract with a recording and performing musical artist to set the terms for managing the artist's career. The manager receives a percentage of all the income generated by the artist for the management services provided.

When Does an Artist Need a Music Manager? If you're working on your very first album release, the chances are slim that your career can really benefit from having a music manager. However, artists whose careers are beginning to take off usually enjoy significant advantages through having a good manager.

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.

Two types of music users are exempt, under different standards: a food service or drinking establishment (defined as "a restaurant, inn, bar, tavern, or any other similar place of business in which the public or patrons assemble for the primary purpose of being served food or drink, in which the majority of the gross ...

Managers typically receive 15% to 20% of the artist's gross earnings (before any expenses are deducted), but this figure can vary from contract to contract. For example, a manager might start at 20% and decrease his or her cut to 15% after a period of time or once the artist achieves a certain level in their career.

An Artist Management Agreement is used by a personal manager to contract with a recording and performing musical artist to set the terms for managing the artist's career. The manager receives a percentage of all the income generated by the artist for the management services provided.

A Music Recording Contract is a legal agreement between a music recording company and an artist or group that creates music. Recording companies use the contract to outline the terms for creating recorded music with the artist. Your Music Recording Contract should cover details like: Compensation and royalties.

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.

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.

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Music Management Contract With Owner In Texas