part 3: managing artist relationships. chapter 8
TRANSCRIPT
Part 3: Managing Artist Relationships
Chapter 8
Start Thinking. . . Who seeks employment opportunities for an artist?
Who negotiates contracts on behalf of an artist?
Who advises an artist on their career and long-term objectives?
Chapter GoalsLearn what a talent agent does and how the agent’s activities are regulated.
Gain an understanding of the role of the artists’ personal manager and how the manager’s activities are regulated.
Acquire awareness of the services performed by the music business attorney and how the attorney is selected, retained, compensated, and discharged.
Agents, Managers, and AttorneysArtists need support personnel
There are several possible configurations of an artist’s team of professional assistants:
The Team
The Team in the Studio
The Touring Team
AgentsBooking/talent agent = person in the full-time business of procuring employment for artist
Two kinds of clientsartiststhe buyer of such talent
Agent’s task
AgentsRegional and Boutique AgenciesRegional agencies
small group of agentshandle local bookingsminimum survival level
Boutique agenciessmall and specializedLos Angeles or New York
AgentsNational Full-Service AgenciesMajor cities of the world10%-15% commissionMultiple contractsHandshake agreementsChanging representation
key man clause
AgentsRegulation of AgentsStatutory regulation
California lawagent = only one to procure artist’s employment
Talent Agencies Act of 1978 and Employment Agency Act
Union regulationmaximum allowable commissions are stipulatedprofessional activity can be limited lengths of contracts are limited
ManagersArtist’s personal managerFees = 10%-25% of artist’s dealsLess famous stars = higher percentage for manager
ManagersRegulation of ManagersStatutory regulation
California lawmanager advises client about careertalent agent license versus union constraints
Union regulationfranchise restrictions
Disputes with Clients – see page 151
ManagersAssistants to ManagersRoad managers
transportation of people and equipmentmeals and lodgingsecurityhire tour accountantssupervise sound reinforcement and lighting personnel
check box office receiptscollect performance income
AttorneysLitigation servicesTransactional servicesShortage of experienced lawyers in the entertainment field
AttorneysRetaining Legal CounselFinding an attorney
1. What is their reputation?2. What is their experience in the music
industry?3. How well do they know copyright protection?
Role of the music attorneyPayment options
hourly fee fixed fee contingent payment plan
AttorneysRetaining Legal CounselForm of organizationContract negotiationsThe adversarial relationshipExtralegal servicesTermination
For Further Thought. . . What restrictions would a talent agent face when representing an AFTRA singer?
What difficulty do personal managers face when working in California, and what options do they have to overcome this difficulty?
What are the possible roles an attorney can play in the music industry?