Finding music
management agencies that want to work with your band is not
only exhausting, it usually doesn’t pay off in the
long run. Music management agencies that openly accept
submissions from potential clients are often new and
inexperienced. Music management agencies that actually
charge money to review submissions are scam artists or
“song sharks.” In most cases, you’re
better off training someone that you already trust to take
on your management duties instead of signing a deal with
either of these types of music management agencies.
Music management agencies work most effectively when they
leverage their entire roster to the benefit of the group as
a whole. At most music management agencies, the top twenty
percent of the artists on a roster effectively cover the
expenses for the entire agency. The remaining eighty
percent of an agency’s clients are known as
“developmental clients.” A sharp manager will
often require journalists or radio stations to provide
coverage for a developmental client in exchange for access
to one of the agencies established stars.
Larger music management agencies can provide some degree of
stability for an artist, especially in a field where staff
turnover can be extremely high. Especially in large music
markets like Los Angeles and Nashville, music managers
might rotate through different agencies on the way to other
jobs at record labels and entertainment conglomerates.
Artists should get to know many of the managers on staff at
an agency, since they could be assigned to an artist at any
time.
Finally, it’s important to remember the distinction
between music managers and booking agents. Even though we
use the phrase “music management agencies” in
casual conversation, a music booking agency is the entity
responsible for procuring work for an artist. In fact, New
York and other states have banned the practice of managers
serving double-duty as booking agents. It’s almost
always essential to develop a relationship with a booking
agency before seeking out a professional music management
agency.
Learn
more about music management contracts in the
free sample chapters of my book,
Music Management for the Rest of
Us.
Joe Taylor Jr.
Editor, Spinme.com
Principal, Taylor Creative Management