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How to Manage Music Recording Contract

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In this video, Damian Keys discusses the evolution of recording contracts and their implications for artists today. He highlights that every musician aspires to be signed to a major label but warns that contracts have changed significantly over the years. Many successful artists often face financial setbacks after signing large deals. Although he is not a music industry lawyer, Keys frequently reviews record contracts sent by artists, noting their varied structures. The tutorial aims to educate viewers on the essential components of a record contract and important factors to consider, helping them avoid becoming cautionary tales in the music industry.

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Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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How much commission do artist managers 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 dont 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.

How much is a recording contract worth?

Per IFPI, a record label will typically invest anywhere from $500,000 to $2,000,000 in a newly signed artist. Thats a wide spread to be sure, and a large amount of money from the perspective of most. What is this?

What does a manager do for a music artist?

Artist managers shape their clients careers both in a day-to-day and long-term sense. They often help clients book gigs, plan album projects, orchestrate record releases and tours, create marketing and merchandising strategies, get paid for their work, and establish and pursue long-term career goals.

Do artist managers typically commission 15% or more of artist gross income?

Managers typically receive 15% to 20% of the artists gross earnings (before any expenses are deducted), but this figure can vary from contract to contract. For example, a manager might start at 20% and decrease his or her cut to 15% after a period of time or once the artist achieves a certain level in their career.

How much commission does an artist manager get?

A standard management fee is usually around 15% - 20% of your earnings. Your manager takes a cut of proceeds from album sales, any label advance, and from the earnings from deals they have negotiated.

What should an artist management contract include?

7 Essential Clauses in an Artist Management Deal Exclusivity. The manager is more likely than not, the artists only manager, but the artist may not be the managers only artist. Time. Managers Management Services. Decision-Making. Commission. Expenses. Cash Flow.

What percentage does an artist manager take?

While there is no set typical payment or commission rate for a manager, most managers earn anywhere from 10-25% of the artists total income, typically the rate is between 15-20%.

Do artist managers have contracts?

How long is a normal artist manager contract? The standard length of the management contract is three years but it can vary from 2 to 5 years on a case by case basis. Most contracts also include a Sunset clause.

What is a contract for manager to music artist?

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 artists career. The manager receives a percentage of all the income generated by the artist for the management services provided.

How much commission do music managers get?

Contract agreements usually stipulate that the artist manager takes a fixed percentage of the artists gross revenue. This fixed percentage is usually around 15-30 percent.

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Manage Music Recording Contract