US Legal Forms
Artist Management Agreement

Artist Manager Contract With America 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 Agreement outlines the relationship between an artist and their manager, specifying the roles, responsibilities, and compensation terms between the parties. Key features of the contract include the manager's obligation to provide career guidance, negotiate on behalf of the artist, and handle various publicity matters. The manager has the authority to represent the artist in business dealings but does not require exclusivity, allowing them to manage multiple clients. Compensation for the manager is based on a percentage of the artist's gross monthly earnings with conditions for repayment after termination. The agreement includes provisions for termination, confidentiality, and a fiduciary duty emphasizing trust in their relationship. Specific use cases relevant to attorneys, partners, owners, associates, paralegals, and legal assistants include drafting, negotiating terms, ensuring compliance with regulations, and advising clients on the implications of binding arbitration and legal liabilities. This contract serves as a critical tool for professionals involved in the management and legal representation of artists, facilitating clear expectations and responsibilities.

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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.

Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.

Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.

If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.

We protect your documents and personal data by following strict security and privacy standards.

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FAQ

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.

Business owners often sign these written agreements directly with the management company. This typically gives the management company operational control for an established period of time, usually for two to five years.

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.

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.

Length of Contract The initial term should be no more than 18 months, with renewals to be no longer than three years. Never commit for any longer period than that, especially with an entity that you do not know well, regardless of how great you think he or she is today.

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

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.

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