ARTIST MANAGEMENT
In the past there only have been a few artist managers who were able to influence and change the business of popular music. This is mainly because artist management requires a variety of skills, which some people say one has to be born with. Some examples of such, most importantly people skilled individuals, are Colonel Tom Parker who managed Elvis Presley, Don Arden (Small Faces) and Brian Epstein, famous for his involvement with The Beatles. The biggest challenge for the artist manager lies in balancing his business acumen and mainly financial interest with the artist need to express his or her own creativity. This paper aims to describe how to best achieve this difficult task. SETTING UP OF AN ARTIST MANAGEMENT COMPANY As mentioned above, it is the artist manager's responsibility to set up his own framework of doing business and very often he is also involved with the setting up of the artist different businesses. Such examples are own publishing companies or often at later stages own labels. This way business transactions between the manager and the artist and other involved parties, e.g. record companies, are possible and can be made relatively secure. Because the artist manager will not have the tim
Artist managers like Don Arden imposed the famous image of being ruthless businessmen, using a godfather like approach and any means necessary to achieve their goals. On the other hand because these people get things done that other people might not be able to, they can create tremendous success for their artists. Even Michael Jackson recently said in an Interview, that he relies on his managers to handle the details of his business affairs while focusing on singing and dancing. u Submission of Annual Return with names/details of Directors/Shareholders u Termination procedures including financial compensation It is common that some artist managers will run a fan club for their clients and store personal information of fans for later processing as mail outs. To make sure all necessary procedures the 1989 Data Protection Act covers are in place, it is advisable to register with a Data Protection Registrar for a fee. Further information can be obtained from www.dataprotection.gov.uk.
Some common words found in the essay are:
Companies Act, Inland Revenue, Central London, TAX ACCOUNTING, RAISING FINANCE, Indemnities Involved, MANAGEMENT COMPANY, Michael Jackson, SOLE TRADER, MANAGEMENT AGREEMENT, artist management, limited companies, management company, artist manager, limited company, sole trader, artist managers, manager artist, artist management company, share capital, private limited, data protection act, artist management agreements, larger sums money, private company limited,
Approximate Word count = 3393
Approximate Pages = 14 (250 words per page double spaced)
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