Interested in Sunset Clause Artist Management? On this page, we have collected links for you, where you will receive the most necessary information about Sunset Clause Artist Management.
http://www.themusicindustrylawyer.com/key-clauses-in-management-agreements-part-3-sunset-commissions/
Jun 03, 2016 · Often management agreements dictate the sunset commission at the full rate (often 15- 20% as I explained here) and often lasting in perpetuity, which means forever. A good music attorney will negotiate this commission down both in percentage and in duration because an artist should not be paying a manager his/her full commission rate forever when the manager is not currently working for the artist …
https://www.tunecore.com/blog/2017/04/part-2-artist-manager-relationship-look-recording-industry-management-agreements.html
Apr 04, 2017 · This clause reduces the percentage the artist owes to the manager over time and eventually extinguishes this obligation entirely. This is important for an artist who is leaving one manager and signing with another, as the new manager would typically want their standard commission rate (15-20%) and your prior manager would still be entitled to their percentage under the “sunset” clause …
https://benmclane.blogspot.com/2015/08/a-sunset-clause-in-management-agreement.html
Aug 30, 2015 · A "Sunset Clause" in a Management Agreement essentially means that the manager still gets paid a commission after the deal ends on money the artist is still making off deals the artist signed during the term of the Management Agreement, but at a reduced rate from the what the commission percentage was during the term of the Management Agreement. For example, if an artist signs a 3 album deal during the term of the Management Agreement and the 3rd album comes out after the Management ...
https://ezinearticles.com/?Why-Your-Music-Management-Contract-Should-Include-a-Sunset-Clause&id=268007
A sunset clause recognizes the contribution that a manager has made to an artist's career, while leaving the door open for artists to effectively void their agreement and work with other professional advisers. In most cases, the "sunset" refers to the amount of commission paid to a manager over the two years after a split.
https://lawyerdrummer.com/2012/05/management-deal/
May 28, 2012 · This is a crucial aspect of any Artist Management Agreement. This is the period following the term where commissions are still payable to the manager, from contracts that he/she negotiated during the term. As with the term, the shorter the better, and the sunset commissions should be declining over time, hence the term “sunset”.
https://www.sample.net/business/contracts/artist-management-contract/
This is a clause you should watch out for when signing an artist management agreement. A sunset clause states that the manager shall continue to receive commission despite the expiration of the contract and his term as manager. Managers are under the impression that without them, the artist would not have reached stardom.
https://spinme.com/2012/03/how-to-get-out-of-a-bad-music-management-contract/
Mar 02, 2012 · The contract should also contain a “sunset clause” that stipulates exactly how much a client will have to pay a manager over a fixed period of time to compensate them for work they’ve invested. That sunset clause protects both sides.
http://www.immf.com/wp-content/uploads/2013/12/4c_Guidelines-Artist-Management-Agreements.pdf
Artist and shall pay it into a bank account exclusively dedicated to the Artist. The Manager shall only use funds deposited in such account for purposes directly connected to the Artist’s career.
We hope you have found all the information you need about Sunset Clause Artist Management through the links above.
