Enclosed is a zip file containing an artist management contract template in Microsoft Word format. The agreement is for the purpose of defining an exclusive relationship between management and artist. If you are a manager looking for a form, this form has done me well over the years. If you’re an artist and you want to get a frame of reference for an artist-friendly management contract, check this one out. In the grand scheme of things, the fee for this item is minuscule in comparison to the potential headaches that could occur years down the road.
This agreement addresses all areas of the relationship:
- roles and responsibilities
- Exclusivity of artist & manager
- Power of attorney
- Reimbursement of expenses
- Warranties (indemnity, etc.)
- Breach and cure of breach
- Legal Jurisdiction
- Term including sunset period
If you are managing or being managed, this contract will save your relationship from being lost in the gray when time fades black and white together.
This document is in microsoft word format and is fully customizable.
If you file an LLC in Indiana then you need to have an operating agreement. This form is a great template and starting point, It also served as an operating agreement for multiple Indiana-based musicians. LLC operating agreements are an important document for protecting the rights of every member.
Shooting a music video and need to make sure that you don’t have anyone saying you can’t use their likeness? Cover your butt now by having all characters, cameo’s, etc. signed to a release form to keep thinks copacetic years down the road.
When you are recording a record, it’s always good to have an agreement in place with the producer. This is a great agreement for putting the producer’s advance and royalties in black and white. It also dictates terms pertaining to name usage and more. A must for every producer.
Promoting a concert requires careful and accurate budgeting. Enclosed in a zip file are 4 different budgeting templates in excel format:
Promoter Profit: This type of deal is very typical. You, the promoter, will budget out your event expenses and then you will add 15% of your expenses on top as the promoter profit expense. When your event clears your split point (expenses including promoter profit), you then split the net 85%/15% (tour/promoter).
Net Split: Net splits are exactly what they sound like. The artist gets paid out a specific percentage of net. The net is determined upfront and there is rarely ever room for the expenses to get larger, only smaller.
Gross Split: In a gross split deal you split the money from ticket sales with no deductions. You can modify this by doing a gross split AFTER specific expenses, however this gets to be a hard sell if the split is a bit high.
Versus: Versus deals mean that you will offer one thing or another thing depending on specific variables. For instance, $500 vs. 50% of gross would mean that you are offering $500 or 50% of the gross ticket sales. You can specify which ever is higher or lower, you can determine a gross to be after specific expenses, etc. etc. These deals can get quite complex very quickly.
At the end of the night you need to pay out the bands and also make sure you account for all of your expenses and bills. This sheet will allow you to track your budgeted event expenses and your actual expenses. Use this sheet to visualize the numbers for your benefit and the benefit of the tour manager, booking agent and artist management.
Budgeting a tour is a great way to get all of your estimated expenses on the table. Knowing your expenses will help you to plan out how much money you will need to break even on tour. If you need to save money to offset a potential deficit, budgeting will tell you how much to save. So what do you budget? This simple budget (in Excel format) will help you financially prepare for the road!
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Have you ever wondered what happens when you write a song with someone that isn’t a member of your band? Maybe they wrote or are recording something on your album that is being released on a label? This work-made-for-hire clearly outlines the role of additional musicians performing on compositions that you or your artist control. Make sure you put in the effort now to save your self heart-ache later. This form is in Microsoft Word format.