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Chapter 8 Music Business Handbook and Career Guide, 10th Ed. © 2013 Sherwood Publishing Partners

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Page 1: Chapter 8 Music Business Handbook and Career Guide, 10th Ed. © 2013 Sherwood Publishing Partners
Page 2: Chapter 8 Music Business Handbook and Career Guide, 10th Ed. © 2013 Sherwood Publishing Partners

Chapter 8

Music Business Handbook and Career Guide, 10th Ed. © 2013 Sherwood Publishing Partners

Agents, Managers, and Attorneys

Chapter Eight

Page 3: Chapter 8 Music Business Handbook and Career Guide, 10th Ed. © 2013 Sherwood Publishing Partners

Start Thinking . . .

1. Who seeks employment opportunities for an artist?

2. Who negotiates contracts on behalf of an artist?

3. Who advises artists on their career and long-term objectives?

Music Business Handbook and Career Guide, 10th Ed. © 2013 Sherwood Publishing Partners

Page 4: Chapter 8 Music Business Handbook and Career Guide, 10th Ed. © 2013 Sherwood Publishing Partners

Chapter Goals

• Learn what a talent agent does and how the agent’s activities are regulated.

• Gain an understanding of the role of the artists’ personal manager and how the manager’s activities are regulated.

• Acquire awareness of the services performed by the music business attorney and how the attorney is selected, retained, compensated, and discharged.

Music Business Handbook and Career Guide, 10th Ed. © 2013 Sherwood Publishing Partners

Page 5: Chapter 8 Music Business Handbook and Career Guide, 10th Ed. © 2013 Sherwood Publishing Partners

Agents, Managers, and Attorneys

• Artists need support personnel

• There are several possible configurations of an artist’s team of professional assistants

Music Business Handbook and Career Guide, 10th Ed. © 2013 Sherwood Publishing Partners

Page 6: Chapter 8 Music Business Handbook and Career Guide, 10th Ed. © 2013 Sherwood Publishing Partners

The Team

[Insert Figure 8.1a]

Music Business Handbook and Career Guide, 10th Ed. © 2013 Sherwood Publishing Partners

Page 7: Chapter 8 Music Business Handbook and Career Guide, 10th Ed. © 2013 Sherwood Publishing Partners

The Team in the Studio

[Insert Figure 8.1b]

Music Business Handbook and Career Guide, 10th Ed. © 2013 Sherwood Publishing Partners

Page 8: Chapter 8 Music Business Handbook and Career Guide, 10th Ed. © 2013 Sherwood Publishing Partners

The Touring Team

[Insert Figure 8.1c]

Music Business Handbook and Career Guide, 10th Ed. © 2013 Sherwood Publishing Partners

Page 9: Chapter 8 Music Business Handbook and Career Guide, 10th Ed. © 2013 Sherwood Publishing Partners

Agents

• Booking/talent agent = person in the full-time business of procuring employment for artist

• Two kinds of clients Artists the buyer of such talent

• Agent’s task

Music Business Handbook and Career Guide, 10th Ed. © 2013 Sherwood Publishing Partners

Page 10: Chapter 8 Music Business Handbook and Career Guide, 10th Ed. © 2013 Sherwood Publishing Partners

AgentsRegional and Boutique Agencies

• Regional agencies small group of agents handle local bookings minimum survival level

• Boutique agencies small and specialized Los Angeles or New York

Music Business Handbook and Career Guide, 10th Ed. © 2013 Sherwood Publishing Partners

Page 11: Chapter 8 Music Business Handbook and Career Guide, 10th Ed. © 2013 Sherwood Publishing Partners

AgentsNational Full-Service Agencies

• Major cities of the world

• 10–15% commission

• Multiple contracts

• Handshake agreements

• Changing representation key man clause

Music Business Handbook and Career Guide, 10th Ed. © 2013 Sherwood Publishing Partners

Page 12: Chapter 8 Music Business Handbook and Career Guide, 10th Ed. © 2013 Sherwood Publishing Partners

AgentsRegulation of Agents

• Statutory regulation California law agent = only one to procure artist’s employment Talent Agencies Act of 1978 and Employment Agency Act

• Union regulation maximum allowable commissions are stipulated professional activity can be limited lengths of contracts are limited

Music Business Handbook and Career Guide, 10th Ed. © 2013 Sherwood Publishing Partners

Page 13: Chapter 8 Music Business Handbook and Career Guide, 10th Ed. © 2013 Sherwood Publishing Partners

Managers

• Artist’s personal manager

• Fees = 10–25% of artist’s deals

• Less famous stars = higher percentage for manager

Music Business Handbook and Career Guide, 10th Ed. © 2013 Sherwood Publishing Partners

Page 14: Chapter 8 Music Business Handbook and Career Guide, 10th Ed. © 2013 Sherwood Publishing Partners

ManagersRegulation of Managers

• Statutory regulation California law manager advises client about career talent agent license versus union constraints

• Union regulation franchise restrictions

Music Business Handbook and Career Guide, 10th Ed. © 2013 Sherwood Publishing Partners

Page 15: Chapter 8 Music Business Handbook and Career Guide, 10th Ed. © 2013 Sherwood Publishing Partners

ManagersDisputes With Clients

• The main catalyst for disputes between artists and managers is managers acting as agents

• Rosa Blasi California Supreme Court ruled that only part of the

contract was void Big win for managers

• Ke$ha

Music Business Handbook and Career Guide, 10th Ed. © 2013 Sherwood Publishing Partners

Page 16: Chapter 8 Music Business Handbook and Career Guide, 10th Ed. © 2013 Sherwood Publishing Partners

ManagersAssistants to Managers

• Road managers Responsible for transportation, meals and lodging, security,

hiring tour accountants, supervising sound and lighting, checking box office receipts, collecting performance income

• Road crew members (roadies) hired to move and help set up performances lesser known acts pay minimum salaries plus travel expenses top acts tour with highly disciplined, well-paid crews

Music Business Handbook and Career Guide, 10th Ed. © 2013 Sherwood Publishing Partners

Page 17: Chapter 8 Music Business Handbook and Career Guide, 10th Ed. © 2013 Sherwood Publishing Partners

Attorneys

• Litigation services Represent artist in court

• Transactional services The bulk of day-to-day legal work

• Shortage of experienced lawyers in the entertainment field

Music Business Handbook and Career Guide, 10th Ed. © 2013 Sherwood Publishing Partners

Page 18: Chapter 8 Music Business Handbook and Career Guide, 10th Ed. © 2013 Sherwood Publishing Partners

AttorneysRetaining Legal Counsel

• Finding an attorney

1. What is their reputation?

2. What is their experience in the music industry?

3. How well do they know copyright protection?

• Role of the music attorney

• Payment options hourly fee

retainer fixed fee contingent payment plan

Music Business Handbook and Career Guide, 10th Ed. © 2013 Sherwood Publishing Partners

Page 19: Chapter 8 Music Business Handbook and Career Guide, 10th Ed. © 2013 Sherwood Publishing Partners

AttorneysRetaining Legal Counsel

• Form of organization

• Contract negotiations

• The adversarial relationship

• Extralegal services

• Termination

Music Business Handbook and Career Guide, 10th Ed. © 2013 Sherwood Publishing Partners

Page 20: Chapter 8 Music Business Handbook and Career Guide, 10th Ed. © 2013 Sherwood Publishing Partners

For Further Thought . . .

1. What restrictions would a talent agent face when representing a SAG-AFTRA singer?

2. What different functions do agents and personal managers serve, and which position is the most heavily regulated?

3. What are the possible roles an attorney can play in the music industry?

Music Business Handbook and Career Guide, 10th Ed. © 2013 Sherwood Publishing Partners