question Artist Management in Zimbabwe?

[Numero Uno]

They get paid based on commissionable income.

Can y'all explain music business commissionable income in layman's terms?

 

[Scorpio]

Can y'all explain music business commissionable income in layman's terms?

Oan, I am tired. I will leave it to @Black Panther to explain that for you.

 

[Numero Uno]

@Black Panther, what is commissionable income?

 

[Black Panther]

@Black Panther, what is commissionable income?

Basically, music management companies and artist managers make money from gross or net income that is contractually agreed upon in different commissionable revenue streams such as:

• record sales
• music publishing (in reality, most artists will NEVER agree to this, some do)
• concerts and touring
• guest appearances (features)
• advance money from a record label
• commercial deals like advertising and corporate sponsorship
• etc, etc.

It is up to an artist to reach a conclusion of what these commissionable revenue streams are before signing a music management contract.

For example, if the percentage of commission is set at a standard rate of 15% this means the artist will have to disclose gross or net income from any of those particular revenue streams and pay their manager 15% on each and every commissionable item.

Most artists choose to settle for commissionable earnings to be deducted from net income rather than gross income since they would want to cover other expenses before the manager calculates his or her commission.

 

[Shamiso]

What about music management deals involving a group of artists e.g. a band?

 

[Black Panther]

What about music management deals involving a group of artists e.g. a band?

It's pretty much the same as managing a solo music career.

The band will generally look for a personal manager whom they like and will offer him or her a commission either at a rate of 10%, 15%, or even 20%.