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Monday, December 2, 2013

Brief Insight of a Music Manager


Earlier this year I decided to further my education and I enrolled in an Entertainment Business Master’s program. I just made it to my Product and Artist Management class, a topic I am very interested to learn more about this career path. I decided to research advice for those of us who are interested in becoming a Music Manager or just want to learn more about the field.

A Music Manager is the perfect career for those of us who are obsessed with music but have no musical talent. (Definitely me!) Before you decide to dedicate your career to music management you should weigh the pros and cons. Pros include meeting lots of industry people, traveling, and watching your hard work pay off when you reach the next level of success. Unfortunately there are cons too. Some of the downfalls include not making money unless your artist does, the job is a 24/7 commitment, and patiently waiting for your work to pay off in an uncertain industry that changes with each season.

Lauren Greene, a writer for Seventeen Magazine, talked with working managers to obtain some advice about music management. We all pretty much know the gist of what a Music Manager does. They oversee an artist’s career. An artist and manager who are both beginning their career together may be the only members of the team initially. This means the manager will be the artist’s accountant, agent, publicist, etc. Managers are responsible for marketing and promoting their artists, being innovative, deciding on song lists, and negotiating with labels. The article offered great advice for where you can start. “To find out about new bands, go to concerts, clubs, and festivals. South by Southwest is a huge music conference; try to take a trip there (it’s held in Austin, Texas, in March) to check out more than 1,400 artists and join a mentoring session with professional managers.” The 2014 conference takes place from March 7-16.

Gaining experience and building industry contacts are also very important. Networking is key. An internship at a record label, radio station, or a music management firm are great places to meet industry contacts. You can find a list of record labels to reach out to here. If you know someone who is pursuing the artist side of things, and you believe in their work, you can gain experience by managing them. Those of us who are in the Entertainment Business program have already took one step in the right direction by getting a relevant degree.

Finally, everyone usually has questions about the pay. Of course you make a percentage of what your artist(s) make. The standard is usually between 10 and 20 percent. The article estimates that at a big firm entry level would be about $20,000—$25,000, at a midlevel you would make about $30,000—$50,000, and upper level would be $55,000 and up.

I hope you were able to learn more about becoming a Music Manager!

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