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When the artist and the manager are ready to shake hands and begin their business relationship, it means they have agreed in principle to a contract and are prepared to exchange promises. The promises? Artists agree to have their careers managed by no one else, and the manager agrees to manage an artist’s career and exploit their talents for commercial gain. That is the short version. As in all business matters, agreements are formalized and memorialized within a contract in order to have a record of what responsibilities each has pledged to the relationship. This chapter is not so much about ...
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