Easier Said Than Done
It may seem filled with excitement and glamour, but a Music Manager’s job comes with its fair share of challenges. It is time-consuming and sets no boundaries between personal and professional lives. If you can take on unrelenting fervour days packed with business meetings and nights dedicated to musical and networking events, the rest will be easy as pie (almost!).
Rake In The Big Bucks
Music Managers usually enter into a contract with their artist clients, which allows them to take a percentage, typically 15-30%, of the artist’s gross revenue - the total income without cost deduction. On the rare occasions when the manager opts for a net per cent contract, they begin to earn only when the artist makes a profit.
Which One Will You Play?
While some Music Managers take on all responsibilities for their clients, others tend to specific needs of their clients.
Personal Music Managers look after the day-to-day running of an artist’s career, helping the client achieve their career goals through the sound execution of informed clients strategies and plans.
Business Music Managers handle the “books” of their clients and take care of their income and expenses, payments, taxes and investments.
Road or Tour Music Managers handle all logistics related to an artist’s tour and life on the road. More extensive tours may require several Music Managers to ensure the smooth operation of live performances and travel.
Getting Started
There are various ways to get into the music business. However, the best and most successful include apprenticing under an experienced Music Manager, working at an established agency or directly approaching a new artist.
Beneficial Skills
Specific job skills are essential for a Music Manager to possess or sharpen. Music business acumen, communication skills, negotiation skills, organisational skills, networking skills, music industry knowledge, music copyright and licensing knowledge and tour planning skills fall under that crucial list.