Talk about the music biz - marketing, promotions, contract law, copyright etc...
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By J WALES Fri Dec 30, 2005 5:55 pm
I recently became involved with a manager who really liked my stuff and gave me a contract. The contract gives him a 20% cut on everything and i mean everything. Im not familiar with contracts so i was wondering if anybody on here can give me some insight into the situation? Is that a good cut? What should he get? Etc. I am consulting with a lawyer now. And do producers even need a manager

By fader-pro Mon Jan 02, 2006 6:00 pm
From my experience 10% is "normal" for a manager...alot depends on what he can deliver to your table too....

By grimaybeats555 Tue Jan 03, 2006 12:23 am
fader-pro wrote:From my experience 10% is "normal" for a manager...alot depends on what he can deliver to your table too....

yeah. I'm no expert though. But I would say since he wants 20 % you say you'll give him ten percent until he proves that he can get you alot of work then he can start getting 20 percent.


Also with managers you don't have to pay them if they ain't getting you work do you? I was wondering what the downside of having a manager would be.
By 4dahaterz Tue Jan 03, 2006 4:26 pm
depends on your contract with that manger, whether is an "Exclusive" or a "Non-Exclusive" contract whether they get paid on ALL the jobs they get you. And yes, percentage rates are always negotiable, but the average going rate is now 20%.... thats not what u have to settle for, but thats what most people want
By 4dahaterz Tue Jan 03, 2006 4:29 pm
i just found this on someone's site......

An agency who intends to invest a great deal of time and money in you will want to ensure that their investment is protected. This is all business, afterall, even when the agent and the model/talent are the dearest of friends. Bills must usually be paid and overhead costs met. An agency, quite honestly, has a hard time making ends meet if they are not working hard all day long, every day, seven days a week. The payoff, of course, is when you find and develop (or sign) a major star. At that point, for instance, a 10% commission off a model or acting job or client contract that pays in the hundreds or millions of dollars can make an agency very comfortable financially. Then again, in smaller markets outside L.A. or N.Y., this is not always very likely. If an agency is legitimate, they must really have to enjoy what they do because it certainly is often not that rewarding when it's time to go do the banking.

In a "non-exclusive" contract, a model/talent is under less guidance and the agency may submit them, but generally is not breaking a major sweat to push them with a huge investment of time or resources. Just so this does not sound so bad, however, let me say that this does not imply the agency does not work hard for that individual. A good agency will treat everyone equal and present all potential talent to their clients, regardless of contract type agreement.

In an "exclusive" contract, the agency has more control over decisions and in the meeting of specific objectives. Wherein a non-exclusive deal the talent may be submitting for the same projects, or may have another agent doing this as well, in an exclusive agreement the agent has the upper hand and can better pitch you to the client because there is no confusion of possible multiple submission. If you have two agents submitting for the same thing for you, it can not only become confused... but it can often times cost you the potential job, audition, go-see, consideration, or interview.
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By Big Hurt Mon Mar 13, 2006 12:29 pm
20% is pretty much the standard in music now.

And yes, a manager is a MUST in this business.
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By bboutit Mon Mar 13, 2006 9:01 pm
Big Hurt wrote:20% is pretty much the standard in music now.

And yes, a manager is a MUST in this business.


Damn, I hope I never work with ppl from where you are. 15 points is rape and 10 is standard.

A manager is only as good as the person "managing" so you could in essence manage yourself until you get big enough for a manager.