Artist Management Agreement Template For Professional Services In Wake

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

Description

The Artist Management Agreement template for professional services in Wake outlines the relationship between an artist and their manager, establishing duties, rights, and compensation. Key features include the manager's role in promoting and managing the artist's career, the authority to negotiate on the artist's behalf, and responsibilities regarding financial management. The template is designed to ensure clear expectations and mutual understanding between the parties throughout the manager's service term. Filling out the agreement requires inserting specific details such as artist and manager names, addresses, and terms of compensation. This form is particularly useful for attorneys, partners, and owners in the entertainment industry who need a comprehensive contractual framework to protect their interests. Paralegals and legal assistants can benefit from the template's straightforward structure for facilitating discussions with clients on career management services and ensuring compliance with legal obligations. The template also includes provisions for termination and confidentiality, making it a versatile tool for both new and seasoned artists.
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FAQ

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.

The core of the artist's team consists of publishers, record labels, concert promoters and booking agents. The Artist Managers are the grand overseer of that whole team, and they are the ones getting that band together in the first place.

An artist team can consists of many managers (personal managers, business managers, road managers, production managers/technical managers), a live/booking agent, a music publicist, a radio/streaming promoter, a music publisher, a entertainment attorney, and a music distributor.

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.

The core of the artist's team consists of publishers, record labels, concert promoters and booking agents. The Artist Managers are the grand overseer of that whole team, and they are the ones getting that band together in the first place.

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.

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Artist Management Agreement Template For Professional Services In Wake