This form is used to establish an agreement between a manager or managment company and an artist with exclusivity provisions.
Florida Exclusive Personal Management Agreement
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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.
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.
A management agreement is a legal contract through which a company enables another company to have control of another business's operations. Business owners often sign these written agreements directly with the management company.
A contract should include terms like what the manager will be responsible for, duration or length of the agreement, and the fees or payment the manager will be requiring for his or her services. On average, this is around 10-20% of an artist's total earnings.
The main purpose of a management contract is to lay out the terms and conditions of the relationship. This includes the duties and responsibilities of the manager, as well as the compensation they would receive for their services.
For example, a sunset clause will state that after the term (completion) of the manager's duties, the manager will still be paid additional commissions from the artist after the deal expires or terminates.
A property management agreement is between a property owner and a manager that is hired to maintain the property. It is common for the manager to be paid a percentage (%) of the total revenue generated from the property plus fees for maintenance, leasing, and evicting tenants.
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. I personally don't know of anyone who charges 15% of gross but I have heard through the industry that some people do. I personally hear of 20% more often.
