Artists are free people. They desire to fly above the clouds of doubt, hesitation, and insecurities. They more so hope that they’ll stand someday under the light of fame, victory, and prestige. And you? Well, it’s your part to get them from their rainy days to their sunny ones. However, to make sure that you’ll get your share from this endeavor, you need to use an Artist Management Contact! That’s why, for your sake, we’ve prepared Artist Management Contact Examples that you can use at a moment’s notice. We also prepared a creation guide that will help you get through the process easily. Check our resources today and get your artist going!
An artist management contract is an agreement document that details the clauses of how the artist and the manager/company will act and do business. The contract should also include all the details about the payout, scope of work, and other things that need to be specified per the management and artist’s requirement.
Contract managers need a particular set of skills so they can do their job more efficiently. There is a big difference between the manager with these skills and those that lack these. Listed below are these important skills and why they matter.
One of the most important skills a contact manager should have is collaboration. They should be able to collaborate with all the concerned parties while creating the agreement. This is essential to ensure that the contract is relevant to the parties involved. A contract manager may need to talk with legal experts, subject matter experts, and many more individuals.
Wisdom and knowledge are two different things. A contract manager should have enough knowledge of the business or the industry. It is empirical that a contract manager has this to ensure that he can understand the big picture and ensure that no discrepancies may appear within the contract.
Sometimes, a contract manager may have a thorough understanding of how a certain project functions. They should also have a gist of what are the important factors of projects, as well.
Negotiation is something that’s embedded within the bones of contact managers. They cannot create contact without proper negotiations with both parties. If the contract manager is a neutral one, then he or she should be able to arbitrate between the different parties.
Lastly, a contract manager should have great attention-to-detail. S/he should be able to scrutinize the contract to ensure that the contract is direct-to-the-point and does not put the client at a disadvantage. S/he should check for any loopholes and seek to mitigate any disadvantages it brings.
Maybe you are new to creating an artist management contract and want to know how to write one. Well, it doesn’t really matter as the steps in creating another contract are the same. However, you need to consider these areas:
The important thing about writing a contract is to answer the ‘why’ in the whole deal. For an artist management contract, you can add the service rendered by the artist and his or her payment. You can even add other incentives here like artist development or music recording. Since there’s no standard in the offers, you can either pay high or low, depending on your need.
It is basic that you should add an acceptance clause in your contract, You should see to it that the employment is written within the page as direct as possible. Although this is a simple reminder, this is important so you can have the deal right.
After detailing the offer and the acceptance. You also need to write out the considerations made by the paying party. This is not limited by the amount of currency. It can be an investment, advice, or other things that the person can offer for the other party to buy.
Contacts are legally binding. That’s what everyone thinks. However, you need to ensure that you’re writing it there as such. Make sure that you’ve clearly defined these terms. You should also make sure that you’re not asking someone to make an illegal action because it will be considered an illegal contract if that happens.
The last thing that you should remember is that the parties agreeing on these terms understand what they are doing. It is unlawful for someone to force someone into an agreement they don’t like or support at all. How long or short it is, you need both parties to understand the terms.
It is a common practice for artist managers to get at least 15-20% of an artist’s gross income. However, if the artist is making huge money, it can get lower depending on the contract and both parties deciding the matter.
The standard duration of an artist contract ranges from two to five years. It is largely dependent on the concerned parties whether they’ll make it longer or shorter.
Depending on the magnitude of the artist’s fame and popularity it might go beyond the usual, but it is common to have three different artist managers for one artist. The usual artist has a talent manager, business manager, and tour manager.
Art is not limited. It is an expansive field that provides people with the avenue to believe in and dwell in imaginations and fantasies. It builds culture and develops norms. That’s why, whatever form it is, if you are an artist, embrace it. Use these samples today to launch your career or help your manager create one fast. Make the world your oyster!