What is a management agreement?

A management agreement is a legally binding contract between an artist or other entertainment professional and a manager. The agreement outlines the duties and responsibilities of the manager, such as helping to promote and negotiate contracts, while also laying out the rights and benefits of the artist or entertainment professional. This includes payment terms for services provided, as well as any other legal considerations. In Oregon, these agreements must be in writing and signed by both parties in order to be legally binding and enforceable. The manager typically receives a percentage of the artist’s income from their entertainment ventures, such as record sales, tours, or merchandising. This percentage is laid out in the agreement. The manager also helps the artist or entertainment professional make decisions about their career and promote their brand. This may include managing their social media accounts, marketing activities, and helping to negotiate contracts. It is important to have a strong management agreement in place in order to protect both the artist and the manager. It ensures that everyone involved knows their rights and responsibilities, and lays out what is expected of both parties. The agreement should be reviewed by an entertainment attorney to make sure it is in line with Oregon law.

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