Posts Tagged ‘Artist Manager’

How To Delegate The Drudgery With BandCentral

Thursday, November 18th, 2010

I just wanted to give you a quick heads about an amazing tool designed to help you manage your career, and focus on music, rather than the boring business that seems to always get in the way of true creativity.

I recently spent some time with the awesome guys over at BandCentral.  And I have to admit, I was blown away by what they’ve put together.

You’re a musician on the rise, which means you’re probably struggling to find the best way to keep in touch with your fans and organize your ‘music business’, right?

BandCentral can help.

You probably need help keeping track of your money, organizing your gigs and staying on top of your merchandise sales (especially if you expect them to keep climbing).

BandCentral makes it easy.

Whether you’re un-signed and self-managed or you presently have a label and pro manager, BandCentral will save you from the time, burden and career-crushing mistakes so many artists fall victim to…

Anything that helps musicians make more music by helping them delegate the drudgery seems like it’s singing in the right key to me!

See for yourself:
www.BandCentral.com

Booking Agent

Sunday, January 25th, 2009

In the point of view of the booking agent, you – the artist – must be in place in your career that you can attract enough paying gig-goers to your show, do so frequently, and with consistent growth to justify the booking agent’s efforts in exchange for his 10% (sometimes 15%) cut.  Unfortunately, most developing artists, even those with a small but loyal following, are not attractive enough for the reputable booking agents to pursue.  Much like talent scouts, booking agents will sometimes take a chance on an act that they believe will develop successfully and provide a handsome financial return in the future, but this is a relationship that is both difficult to pursue and cultivate and its terms will be strongly in the favor of the booking agent.

If you’re not a savvy manager yourself, find an artist manager before looking for a booking agent.  Keeping in mind that your manager sees a cut of everything you do whereas the booking agent only sees a cut of your live performances, statistically, a manager should be easier to sign with because he is spreading his risk on all of your musical assets.  Your manager should already have music industry connections and a way in to discuss tour scheduling opportunities face to face with an established booking agent, rather than making cold calls yourself.  However, if this is not the case, at least the booking agent can see that you were talented enough to attract an artist manager in the first place and, therefore, worth attending your next show.

The multi-national booking and management agencies such as The Agency Group and William Morris Agency prefer to see that you have financial backing, usually in the form of a label contract.  This, if nothing else, ensures that the label can afford to finance your tour and even take a loss for the privilege of ‘breaking’ you.

Whatever the arrangement may be, everyone involved wants to make money.  As such, it’s your responsibility (or, better yet, your manager’s responsibility) to show that you are a great investment.

Don Grierson joins We Are Listening

Wednesday, January 21st, 2009

don-grierson

A citizen of the United Kingdom, Don immigrated to the United States from Australia, where he jump-started his career by doing record promotion for several labels, including Chess and Capitol Records. During that time, he was involved in the promotion of The Beatles, and was singularly recognized with the only Golden Apple Award ever presented by them for “outstanding promotion in launching Apple Records in the United States”. At Capitol, Don was also Manager of International A&R/Promotion, where he signed Little River Band, and Director of Merchandising and Advertising. When Capitol created a second label, EMI America Records, in 1978, Don became its Vice President of A&R. His credits at EMI America include Michael Johnson, Kim Carnes, Sheena Easton, Kate Bush, Sir Cliff Richard, J. Geils Band, and Kenny Rogers. In 1982, Don moved back to Capitol where he signed and helped guide a number of hit-making acts, including Heart, Joe Cocker, Freddy Jackson, Melba Moore, Steve Vai, Megadeth, WASP, and George Clinton. He was personally involved with the recording careers of Tina Turner, Bob Seger, Anne Murray, The Motels, Duran Duran, Power Station, Thomas Dolby, Ashford & Simpson, Billy Squier, and assisted in the emergence of Crowded House, Poison, The Smithereens, and Great White. In 1987, Don resigned from Capitol to join CBS/Sony as Senior Vice President of A&R, Epic Records, where he personally signed and worked with such acts as Celine Dion (via Sony Canada), Bad English (finding their #1 hit “When I See You Smile”), Iron Maiden, Basia, as well as bringing his expertise to bear on the careers of Cheap Trick (finding their #1 single “The Flame”), Cyndi Lauper, Gloria Estefan, REO Speedwagon, The Jacksons, and Europe. Under his direction, the Epic A&R staff also signed successful acts, including Living Colour, Indigo Girls, Allman Brothers Band, Alice Cooper, Social Distortion, Firehouse, Suicidal Tendencies, Front 2423, Ottmar Liebert and Joe Satriani. In 1993, Don created Drive Entertainment, a company with emphasis on classic artist and niche market catalog exploitation, where he compiled and packaged over 140 albums. Five years later, Don chose to reenter the broader-based music market and, to date, operates his own independent consultancy and music supervision company. We Are Listening is delighted to have Don on board!

Artist Development

Wednesday, January 21st, 2009

Recommended online artist development platforms:

ReverbNation provides marketing and artist development solutions for up and coming musicians that need to “compete, cooperate, and differentiate in an increasingly noisy online environment”.   With a 360-degree approach, ReverbNation offers every tool in the shed for fledgling artists plus social and professional networking solutions in a single hub.

Music Nation, an artist-fan-promoter community, provides an array of music marketing features, as well as song contest and songwriting opportunities.  Perhaps more fan-centric than ReverbNation, Music Nation has also adopted the 360-degree approach to artist development.

OurStage, an artist and fan community that revolves around a “democratic” songwriting contest, has been making a splash as a pull-marketing platform for songwriters and recording artists to receive objective feedback from potential fans.

SellaBand, a vision of the music industry to come, has harnessed the power of niches and created an artist development platform that allows fans to, literally, put their money where their mouth is.  With a low risk and easy to digest financial investment program for music lovers, artists enjoy recording and A&R opportunities if they manage to attract enough “believers”.

YouLicense, the first independent music licensing platform, is where artists and music buyers engage one another and cut out the middle man.  With a host of music licensing opportunities in every imaginable musical genre, YouLicense is an artist development favorite.

MyDrifts is more than just a MySpace music marketing system, it’s an entire suite of music marketing tools for the artist or artist manager that wishes to better target his marketing efforts and learn about his audience.

Sonicbids is an artist development veteran, helping bands get gigs, and promoters book the right bands.  Their community consists of bands, singers, songwriters, and performers of all kinds, and music buyers of all kinds, including singer songwriter competition promoters, music licensors, festival programmers, and more.

Artist Manager

Sunday, January 18th, 2009

Typically, an artist manager receives 15% – 20% of the artist’s Gross income or 50% of the Net income.  I personally like the 50/50 model.  15% may not sound like a lot but keep in mind that the artist is responsible for expenses and if the artist is a four member band, you can guess who gets the biggest piece of the pie.  The artist manager is often the primary reason why the artist sees any money in the first place.  As such, a good artist manager deserves to be rewarded for his efforts, expertise, contacts and, above all, risk.  Besides, 15% – 20% of the gross is often the same as splitting everything down the middle.  In addition, the artist manager may negotiate a commission based on new deals he closed during the course of his relationship with the artist.  This is to protect his investment long after the contract has terminated and he and the artist have gone their separate ways.

A no-commission management deal, whereby the artist pays an artist manager or management firm a salary or ‘retainer’, is a relatively new contract model in the music industry.  The artist has the power to hire, fire and negotiate with his management.  The artist manager has a certain degree of ‘job security’ but can not reap the rewards of a huge commercial success.  No points.  No success fees.  Simple.  And the artist is in control.  This is similar to the way PR companies operate and charge for their services.

At the negotiation table, the terms of the deal, regardless of the type of payment model, should be in light of the degree of financial risk the artist manager is expected to undertake by the artist in the event that the artist can not pay upfront.  Considering that financial institutions define the terms of a loan by assessing the degree of financial risk, it is reasonable to expect an artist manager to be compensated based on similar projections.