From the course: An Insider's Guide to Today's Music Biz: 5 Managers

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Contract intro

Contract intro

From the course: An Insider's Guide to Today's Music Biz: 5 Managers

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Contract intro

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- Behind almost every successful artist is a great manager and vice versa. Negotiating a management agreement that properly motivates and protects each party is one of the keys to a successful business relationship. In most cases, your manager will be negotiating on your behalf. In this particular instance though, you'll be on opposite sides of the table, and you'll need to work together when you are done. So negotiating a management agreement that properly motivates and protects each party is the key. Let's talk about four of the key points in that management agreement. First, the term of the agreement. Secondly, what the commission rate is. Number three, what are the commissionable income items and number four, what happens at the end of that management contract.

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