Over the
years, managers have become an incredibly valuable asset to an artist’s
career. Managers have worked the phone lines, manned the offices, helped sell
the tickets, load the equipment, and even drove the tour bus in an effort to
better the careers of their artists. Most people who realize just how much
work an effective manager does agrees that they should share properly in the
fruits of their labor when the artist finally makes it big. |
As previously indicated, managers draw their salary from a commission on work
the artist does or had done while under contract to that manager. This
“commissionable work” includes record contracts; endorsement deals; TV and
film work; tour proceeds; video sales; merchandising; and many others. These
proceeds the artist receives are considered gross revenue and the manager has
such income specifically mentioned in his contract with the artist as to his
proper and equitable share. Some managers have even attempted to obtain a
commission off work that many in the industry feel the manager had no
connection with: songwriting and publishing. |
These are areas, some feel, that the manager had no hand in and should be
taken out of the equation when computing the manager’s share thereby giving
the manager an “adjusted gross income” to deal with. Many managers agree to
this while others adamantly oppose it, citing the fact that the songs are only
valuable because the artist has become a hot commodity on the market--thanks
to the manager’s help and guidance. |
Management has become such an all-encompassing and vital job in the artist’s
career that many record companies will refuse to even talk to an artist
seriously if the artist does not have a manager. These companies reason that
with all the matters involved in today’s music--from production, marketing,
and distribution in not only the traditional music fields but in the new media
of satellite, cable and cyberspace--that could seriously occupy an artist’s
time, it would be fool-hardy to do business with someone who did not have
someone on board to coordinate such activities. It therefore makes great
business sense for an artist to have a manager on staff when being courted by
labels. |
Even though a manager handles so much for the artist, there are still times
when the manager simply cannot be there when the artist needs him. A great
example of this is when the artist is on an extensive tour around the country
or around globe, yet business matters need the attention of the manager at
home. For such occasions, the manager--after careful consultation with his
client--hires a person to travel on the road with the artist to act in all the
capacities the manager would have been doing if present. |
This person is called, appropriately enough, a “road manger.” The road
manager’s job involves handling all the functions necessary to move the artist
from one venue, city, state, or even country to another as smoothly as
possible. The road manager handles hotel reservations, payroll for the crew
and band, collects money from promoters, schedules publicity-related events
such as TV and radio interviews, rents equipment, etc. Since these duties
revert back to the manager when the tour is over, the road manager’s position
may be only temporary. Some road managers have even made a career of
performing this duty for various bands that are currently traveling or in need
of his services. |
Another manager related function is that of the “Business manger”. A business
manager, like the road manger, is often hired by the manager-- again, after
consultation with his client--to oversee the financial dealings of the artist.
Some artists have amassed a great deal of money from their musical work and
have sought guidance as to the most effective ways to invest it. Business
managers advise their clients on such matters as tax shelters; mutual funds,
stocks, and bonds; IRAs and 401K plans; health and insurance plans; invest
deals; and other financial matters. |
For the artist serious about their career, management in all the areas
mentioned is needed to smoothly handle the bumpy terrain that goes with the
journey to success. All three positions, by the way, CAN be handled by one
person, but the individual who can coordinate such efforts effectively is a
rare treasure who usually has superstar clients behind his name. A new or
emerging artist can still get by with the attentive services of the manager
and add the other roles as business dealings get more involved.
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