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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What is a Contract Term?

By: Erin M. Jacobson, Esq. A “term” of a contract usually refers to the length of time an agreement covers. For example, two parties may decide to work together for a period of three years, thus the contract would have a “three year term.” Sometimes, the term is broken up …

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How to Get Legal Help if You Can’t Afford a Music Attorney

Hopefully you’ve read my most recent article where I explained how to choose the right attorney for you. Even though you now know what qualities to look for in an attorney, you may still wonder whether hiring one is possible if you are on a tight budget. As I discussed last time, don’t …

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