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The ?Artist's Contract,? or ?The Projansky Agreement,? as it is known in art and legal circles respectively, is a model contract for artists to use when selling their work or transferring ownership. Its most enduringly controversial aspect is the inclusion of an artist's resale royalty.
How Do Managers Get Paid? Managers get paid a percentage of what the artist makes, unless you're an assistant manager at a management company, in which case you'd likely be on a salary.
Without the right balance, there can be a disconnect between between the two. Artists want to stay true to their creative and artistic ideals, and managers try to influence them to do what's going to help them reach their goals in the long run.
The common standard term for a management contract is typically between one and five years, but this can vary depending on the specific needs and goals of the parties involved.
Contract agreements usually stipulate that the artist manager takes a fixed percentage of the artist's gross revenue. This fixed percentage is usually around 15-30 percent. Artist managers usually receive these fixed fees on a monthly, quarterly or annual basis.
An Artist Management Agreement is used by a personal manager to contract with a recording and performing musical artist to set the terms for managing the artist's career. The manager receives a percentage of all the income generated by the artist for the management services provided.