Draft Artist Management Agreement in North Carolina for Business (2024)

Hello! Congrats on this! You should be excited and cautious at the same time. So there are a few things to consider: 1. You have to be clear about the manager's duties. You have to outline what the manager is going to do, such as booking gigs, securing recording deals, handling publicity and promotion, negotiating contracts, and advising on career decisions. You must also be clear on what you will do, such as fulfilling performance obligations, creating music, etc. 2. It needs a specific duration of the agreement, like 1 to 5 years. Consider starting with a shorter term to assess the manager's performance before committing for a longer period. You should also have a provision regarding termination of the agreement, such as if the manager doesn't do their job. 3. You need compensation information. Usually, it's something like the manager gets 10 to 20% of whatever the value of it is you book every month. 4. Specify whether the manager will be the artist's exclusive representative for all professional activities or whether the artist can engage other managers or agents for specific purposes and also include who owns the intellectual property. Best of luck to you on this!

You can consult with attorneys on this platform to assist you in making the decision. You have to look at all the terms - amount of advance, copyright ownership, term, ability to cancel, and many other terms.