US Legal Forms
Artist Management Agreement

Artist Management Contract Example In Wake

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:

Wake

Control #:

US-0021BG

Format:

Instant download

Description

The Artist Management Contract Example in Wake serves as a detailed agreement between an artist and their manager, outlining the roles and responsibilities of each party in fostering the artist's career. The contract covers essential features such as the services provided by the manager, including representation, negotiation, and media exploitation, ensuring that the artist's talents are maximized across various platforms. It includes specific sections detailing the rights, authority, and expectations of both parties, clarifying financial arrangements, compensation percentages, and the duration of the agreement. Additionally, it stipulates conditions for termination, accounting responsibilities, and the fiduciary relationship between the manager and the artist. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a structured framework for managing artist relations and business dealings. The clear guidelines and comprehensive nature of the contract streamline decision-making and reduce the potential for disputes, making it an essential tool for professionals in the entertainment and legal industries.

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Form popularity

FAQ

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

Below is an example of a management contract: ABC Consulting agrees to provide management services to XYZ Corporation for the period of January 1, 2022, to December 31, 2022. ABC Consulting will be responsible for managing the sales department of XYZ Corporation, including its employees, processes, and systems.

Management Contracts Involving Hotels The contract is between the hotel owner and the management company, which takes over operation management. Sometimes, the contract is for only one of the outlets of the hotel, whereas in other instances, the contract may be for the entire hotel chain.

Examples of contract management Vendor contracts: Contract management might involve negotiating the terms and conditions, keeping track of delivery dates, managing disputes, ensuring compliance with the agreed terms, and renegotiating or terminating the contract as necessary.

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

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 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.