Six (6) Key Elements to Consider When Writing Artist Management Contracts:
1. Scope of Representation: Clearly define the scope of services the manager will provide, including responsibilities related to bookings, promotions, career development, and negotiations.
2. Term and Termination: Specify the duration of the contract and conditions under which either party can terminate the agreement, including notice periods and grounds for termination.
3. Compensation Structure: Outline how the manager will be compensated, whether through a percentage of earnings, flat fees, or other arrangements, and detail any expenses the artist may be responsible for covering.
4. Intellectual Property Rights: Address ownership and usage rights for the artist’s work, including recordings, compositions, trademarks, and any other intellectual property created during the term of the contract.
5. Performance Expectations: Set clear expectations for both parties regarding the artist’s career goals, performance commitments, touring schedules, and promotional activities.
6. Dispute Resolution Mechanisms: Establish procedures for resolving disputes, such as mediation or arbitration, to address conflicts that may arise between the artist and manager during the course of their relationship
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