Tour Manager Contract Format In Virginia

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

Description

The Tour Manager Contract Format in Virginia is a detailed agreement designed to outline the responsibilities and rights of both the Artist and the Manager in managing the Artist's career. Key features include a clear definition of the services the Manager will provide, the Artist's exclusivity in seeking managerial services, and the authority of the Manager to act on behalf of the Artist in various professional contexts. Specific clauses detail financial agreements, including compensation rates based on the Artist's gross earnings, as well as provisions for termination and modification of the agreement. This document serves vital use cases, such as establishing the parameters of collaboration, protecting both parties' interests, and ensuring that the Manager's fiduciary duties to the Artist are upheld. For attorneys, this contract can serve as a foundational document in negotiations; for partners and owners, it clarifies business relationships; while associates, paralegals, and legal assistants may find it valuable for drafting and case management. This format is essential for any parties involved in the music industry seeking a professional and structured approach to management contracts.
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FAQ

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.

A tour operator agreement is a contract between a tour agency and a tour operator sets the terms and conditions of their business relationship. The contract includes details about what services will be provided, when, and what the compensation rate will be.

Under the terms of the settlement, a “tour” is when a buyer who is working with an agent enters a home that is for sale or directs their agent to enter the home on their behalf. This includes when the buyer's agent provides a live, virtual tour to a buyer not physically present.

Managers usually takes a percentage of the artist's income. This typically ranges between 10 to 20% and is usually 15% for indie artists in my experience.

Zillow's Touring Agreement is an optional, non-exclusive agreement between the potential buyer and agent. It creates the opportunity to have a conversation about your services early on, strengthening your relationship.

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

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

Some employers may require a bachelor's degree, while others need only a high school diploma or certificate. Most employers prefer a degree in business management, music, communication, marketing, entrepreneurship or a related area.

Some tour managers start out as musicians or concert techs; others have experience as festival staff, booking agents, promoters, or live sound engineers, or in similar live-music roles.

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Tour Manager Contract Format In Virginia