Basic Artist Management Contract With A Company In Washington
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What Percentage Do They Make? The most common, or easiest gauging point for management percentage, at least in North America, is 15 to 20% of gross artist revenue.
Jenkins said that usually “artists look for a Manager when things get too overwhelming for them to handle themselves.” “But,” she continued, “other artists have someone from the beginning to help get their career off the ground.
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.
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.
Many artist management contracts have an initial term of 1-3 years with options to extend for further periods. That's basically the standard term these days, but it could be longer, or possibly even shorter in some situations. Consider the pros and cons of short vs long term.
Look for companies that have a track record of success in your genre and have experience working with artists at your level. Check their client roster and read reviews from other artists. You can also attend music industry events and conferences to network with managers and learn more about their companies.
Build your professional network Promoting your client's name and talents and building friendships with other managers and artists in the industry can help you establish a strong brand identity and increase awareness. This can encourage others to reach out to you and your client with jobs and business opportunities.
In conclusion, starting a career in artist management requires a love for music, strong communication skills, a network of industry contacts, and knowledge of the business side of the industry. By gaining experience and building relationships, you can pave your way to success in this exciting field.
When writing a management contract, it's vital to include several things: Duration. Decide how long the contract should be in place. Expectations. Both parties must understand what is expected of them and how their performance will be measured. Payment. Dealing with a breach. Sign.
