Basic Artist Management Contract With A Company In Utah

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

Description

The Basic Artist Management Contract with a company in Utah is a comprehensive agreement designed for artists seeking professional guidance and support in managing their careers. This contract outlines the roles and responsibilities of the manager, including representation, negotiation of contracts, and exploitation of the artist's talents in various media. Key features include the appointment of the manager as the artist's personal representative, the manager’s authority to act on behalf of the artist, and provisions for compensation, specifying a percentage of gross monthly earnings. Additionally, it contains clauses addressing termination, the fiduciary relationship between the manager and the artist, and the handling of expenditures. Filling instructions encourage both parties to clearly print their names and addresses, while editing notes clarify that modifications must be documented in writing. Targeted towards attorneys, partners, owners, associates, paralegals, and legal assistants, this contract serves as a vital tool for ensuring that artists' rights and interests are protected while allowing managers to effectively promote and manage artistic careers.
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FAQ

A business management agreement formalizes the working relationship between a business and its manager. The contract will include information such as budgeting, the percentage of business revenue owed to the manager, and confidentiality requirements.

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.

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.

Common Sections in Artist Management Agreements ARTIST MANAGEMENT AGREEMENT. BACKGROUND. Services Of The Manager. Rights And Authority Of The Manager. Term. Compensation. Accounting. Expenses.

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

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Basic Artist Management Contract With A Company In Utah