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Steps To Starting An Artist Management Company Build Your Artist Roster. Sign A Contract. Dont Quit Your Day Job Just Yet. Draft an Artist Management Company Business Plan. Make a Name for Yourself. Get Organized. Work With an Entertainment Accountant. Hire an Entertainment Lawyer.
The core of the artists 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.
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.
5 Must-Have Clauses in Artist Management Contracts Commission Rates. Term Length in Management Agreements. Decision-Making Authority. Sunset Clause (place after Term) Exclusivity.
Managers usually takes a percentage of the artists income. This typically ranges between 10 to 20% and is usually 15% for indie artists in my experience.
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The core members of your artist team are the Artist Manager, the Booking Agent, the Publicist/Content Team, as well as the Producer, the Tour Manager, and several members that comprise your production team.
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.
As a general rule, managers take a percentage of all income generated by the artist in exchange for their management services. Commission rates typically range from 15-25% of the artists gross income from: Recording royalties: Sales, streaming and licensing of recorded music.

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