Contracts In The Entertainment Business

Contracts in the Entertainment Business

Contracts in the world of entertainment are important because they involve different aspects of the relationship between artist and manager. The contract stipulates the extent to which the manager will commit to the artist. There are agreements that could only include organizing tours for the artist. There are others contracts that might include planning the professional career of the artist involving not only the creation of the artistic image but also organizing every performance, recording, and interviews.

A contract that defines a superficial relationship between artist and manager might only include planning tours. This type of contract might not be beneficial for the artist in terms of professional growth and image development in the entertainment industry. The amount of time the manager spends on the development of the artist’s career is dedicated to plan live performances and get the money. According to Howard, a manager who establishes this type of relationship with the artist might not know much about business development.

There is another type of contract in which the manager is committed to bring out most of the artist’s capabilities. The contract includes an elaborated plan, detailed organization, a meticulous design, and precise control of the professional career of the artist. The manager is also responsible for finding the financial funds that might be needed it to reach the summit of success.

According to Paul Allen the functions of a manager should include: 1. All the phases of artist’s career in the entertainment industry 2. The appropriate music and show designed for live performances. 3. Publicity, public relations, employment, and advertising. 4. Image and related matters. 5. Booking and talent agencies that work on behalf of the artist. 6. The selection of other key team members such as attorneys, business managers, accountants, publicists, and a Webmaster.

In addition to the functions outlined before by Allen, George Howard suggests that the manager should go beyond signing a contract with the artist by providing a business development scheme. The manager should not see the artist as an investment that could pay off in cash after settling a recording deal. According to Howard management is “about leveraging the brand equity to create direct revenue streams, as well as strategic partnerships where you, again, create visibility (thus increasing brand equity) and revenue.”  He also mentioned that “most of the managers are not prepared to do business development.”

  REFERENCES

  Allen, Paul. (2007). Artist Management for the Music Business

Howard, George. (2011). Artist Manager Must Understand Their Role is Now Business Development. Retrieved from http://blog.tunecore.com/2011/02/artist-managers-must-understand-their-role-is-now-business-development.html

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-      Por que la pregunta?

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(via

spiritualgateway

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