Key Clauses in Management Agreements Part 4: Key Man Clauses

In the last set of articles regarding management agreements, I have explained the term, commissions, and sunset commissions. In this article, I will explain what is known in the industry as the “key man clause.” What happens if you sign with a management company and then your manager leaves the company? What if …

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Are You Sure You Own Your Masters?

What are Masters? Throughout the music business, master recordings or “masters” are typically regarded as to as the original or official recording of a performance fixed in a tangible medium like tape, ProTools file, or even mp3, from which copies can be made. Masters are usually recorded in a recording …

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Key Clauses in Management Agreements Part 2: Commissions

In a recent article I explained the term of a management agreement, and in this article I’ll discuss management commissions; arguably the other most important clause of a management agreement. The commission is the amount of money the artist will pay the manager under the contract. This is usually done as …

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Key Clauses in Management Agreements Part 1: Term

The artist-manager relationship is one of the most important relationships in an artist’s career. The manager has to “get” the artist and the artist’s artistic vision, but also needs to have the knowledge on how to translate that vision into something that will generate mass appeal and profits. The manager …

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Contract Language Explained: “In all media now known or hereafter devised”

By:  Erin M. Jacobson, Esq. It’s possible that you have seen or heard of the contract phrase “in all media now known or hereafter devised” or some similar variation. In music contracts, this language is usually used to define in what media your music can be used.  This phrase allows a …

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What Does “In Perpetuity” Mean?

There are certain contract terms that come up regularly in music and entertainment contracts and people often ask me what these common terms mean. One of the most common is the phrase “in perpetuity.” According to Black’s Law Dictionary, the definition of “in perpetuity” is “… that a thing is forever …

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