How much should a music manager Charge?
Category:
business and finance
entertainment industry
And their income is tied to their artist's success. The typical fixed commission rate is 15 to 20 percent of gross income, but some managers work with a variable rate: For instance, 10 percent on income to $100,000, 15 percent on income to $500,000 and 20 percent above that.
Similarly one may ask, how much is a music manager?
A standard management fee is usually around 15% - 20% of your earnings. Your manager takes a cut of proceeds from album sales, any label advance, and from the earnings from deals they have negotiated.
Considering this, how much do managers make in the music industry?
Music business managers earn an average yearly salary of $32,231. Wages typically start from $22,298 and go up to $92,431.
ARTIST MANAGEMENT GETS PAID WHEN THE ARTIST GETS PAID. This means, the artist manager doesn't earn a commission on royalties until the artist has recouped. But it ALSO means, the artist manager gets a commission on any advances paid by the label (or publisher, or agent, or anyone else).