Artist Management Agreement Uk
The specific role of the manager depends on both the manager and the artist. In general, however, the manager gives advice and guidance to the artist in relation to all matters related to the artist`s professional career. If we are dealing with the first issue, in this agreement we have limited the scope a little by linking the commission to "liberation". The general principle is that commissions should only be charged for recordings/compositions recorded or written during performance, which would broaden the scope. There are no fixed rules – it`s just a matter of negotiation. This pleasantly named clause refers to the commission period after the term. It sets the commission rate to which the manager is entitled once the parties stop working together and the duration for which it is payable. The principle here is that the manager should have the right to continue to earn money from work and to conclude transactions during the period in which he worked as a manager. For example, artists can earn royalties from recording contracts for years to come, so the argument is, why shouldn`t the manager who arranged the deal continue to benefit from it? Reports suggest that there will be no new recorded music from the Spice Girls, although there will be a limited number of live performances. There are also likely many other offers offered to the group, including television appearances, sponsorship deals, and endorsements. The organization and negotiation of agreements is the responsibility of the artist`s manager, who must always act in the best interest of his artists. Of course, managers expect something in exchange for using their skills and contacts to develop an artist`s career, and at some point, a management agreement will be needed to formalize the relationship and ensure that both parties know where they stand.
Otherwise, you can wait until the deadline ends and then find another artist or manager. But if you find that you can work well with the artist or manager, you can extend your contract by creating a long-term contract. The agreement model assumes that the artist (or the artist`s accountant) collects all the products. It may be more appropriate for a manager to generate revenue and, if this is the case, appropriate safeguards should be included with respect to copying bank statements, audit rights and access to the account. 1. This agreement applies only to my professional activity and gives me the right to represent myself as a solo artist. (Groups/groups/duets, etc. must indicate that only the group as a whole is represented and that each solo activity requires separate consent). Before signing any form of management contract, seek advice from a lawyer and determine who owns the business you are supposed to sign with and whether the manager is actually responsible for your day-to-day affairs. Click here for a list of music lawyers and links to free legal advice and resources. The most important information about this type of document is, of course, the names of the manager and the artist. Artists want to work with trusted managers who have the same style, ambitions, work habits and can communicate effectively and openly about your career.
(13) Nothing in this Agreement should be construed as the establishment of a partnership or joint venture between the signatory parties. As for the rate at which the commission should be charged, there are also no rules set in stone. Many managers, if they accept limits to the scope, will stick to maintaining the full commission rate as long as the artist is paid. Others will accept a sliding scale, but will want longer periods than those shown here. Many managers will agree to reduce the commission rate over a fairly short period of time, but want to be paid at a lower rate (usually 3-5%) as long as the artist is paid. It can also be effective to link the duration of the post-mandate commission to the time spent on administration. So that you can start with a short claim period that could be extended when the agreement is renewed. On the other hand, an established artist appointing a new manager, or a well-known celebrity with an established career in another industry, wants to be very specific about the activities in which the manager can engage and expect to receive commissions.
They can limit the manager`s role only to music-related activities and exclude additional revenue streams, as these opportunities are based on their current status and reputation, which the manager has not helped them. So, what can you expect from a music management contract? As you might expect, the complexity of these contracts may vary depending on the requirements of the parties. Below, we discuss four areas that are typically covered by artist management contracts, both from the perspective of new and established artists. (i) Commission for Live Performances – some managers are still trying to insist that their commission be paid on gross receipts from live performances, including shows and tours. This should be opposed if possible, because although the fees for live performances can be quite high, the cost, especially for a new artist, can be even higher and many tours make a loss. .