Music Business

The Terminology Generally Used in Agreement between Artist and Manager (2)

The Music Telegraph | Text 2022/10/31 [11:39]
Music Business

The Terminology Generally Used in Agreement between Artist and Manager (2)

The Music Telegraph| 입력 : 2022/10/31 [11:39]

 

© Unsplash



The Terminology Generally Used in Agreement between Artist and Manager (2)

 

Commission on Publishing Income: Revenue from music publishing in any year of the Term will not be commissionable by Manager unless Band has received Gross Revenues in that year in excess of $____ (the "Publishing Cap"). In the event the Publishing Cap is reached, Manager may commission ____% of the Band's publishing income paid that year. In no event Manager will commission: (a) what is commonly known as the "writer's share" of the songwriting; (b) performance royalties from BMI or ASCAP; (c) any royalties from synchronization rights other than for Band videos; or (d) cover recordings by other artists.

 

Commission After the Term: Unless Manager has been terminated for a breach or for any reason permitted under this agreement, Manager will be entitled to post-term commission payments. Income commissionable after the term will not include any income that was excluded from commissionable income during the term. Under no circumstances manager will be entitled to income from albums or videos created before or after the Term. 

 

Leaving Member: The terms and conditions of this agreement will continue to apply only for the remainder of the term and only with respect to the services of any member of Band whose recording services are retained by a record company under the "leaving member" provisions of any recording contract entered into by Band during the Term.

 

Manager's Expenses: Band will pay documented reasonable and necessary costs incurred by Manager in connection with Manager's duties on behalf of Band. Band will only pay such expenses out of Gross Revenues commissionable under this agreement and no members of Band will be personally liable for any such expenses. Manager will not incur expenses in excess of $____ in any single transaction, or $____ during any calendar month without Band's prior written consent. If Manager's expenses are incurred in connection with its services to other clients of Manager, the expenses will be prorated between Band and Manager's other clients based upon the amount of time Manager rendered its services on behalf of Band and other clients. Under no circumstances Manager's overhead will be characterized as expenses reimbursable by Band.

 

Business Manager: All Gross Revenues commissionable under this agreement will be collected by an accountant or business manager experienced in the music business designated by Band after consultation with Manager.

 

 

 

 

 

< Copyright ⓒ The Music Telegraph :: Prohibit reprinting and redistribution >
The Music Telegraph Another articles
Comment
  • 도배방지 이미지

Contract Related Articles

광고
Most Read
1
Cool WAV 'Vitality Vol. 8': The Collection of 60 Presets for Vital synth that fits Various Music Styles
2
Review #7 (Digital Audio)
3
Digital Sound Factory 'E-MU Proteus Rack': The Kontakt Library that brings The Original Sounds of 6 Legendary E-MU Proteus Sound Modules with free Kontakt Player
4
Blue Lab's New Plug-in 'Chroma' has been released
5
Major Label Album Budget
6
‘Neo Erhu’: A Delicate Reproduction of Traditional Chinese String Instrument ‘Erhu’ with Your Fingertips
7
Basic Waveforms of Synthesizer: Sawtooth Wave (3)
8
Silence+Other Sounds ‘Maleventum’: A Kontakt Library providing Cinematic Sounds of Epic War Horns from Ancient Nordic and Celtic Cultures
9
Oscilloscope for Audio Use
10
Basic Waveforms of Synthesizer: Pulse Wave
광고
Music Business (popular articles)
광고
Most Recent
Cool WAV 'Vitality Vol. 8': The Collection of 60 Presets for Vital synth that fits Various Music Styles
ATC 'SCM25A Pro Mk2': The 3-Way Compact Active Studio Monitor as Evolution of Its Popular Predecessor
Same Song, Different Mix Style
Cleaning a Track using the Clear Command in Pro Tools
Record Label Contacts (25)
광고
광고
광고
광고
광고
광고
광고
광고
광고