GTribeMag

Week 2 Review: Is Your Money Moving Correctly? This week was all about the flow of cash. If you are represented, ask yourself: The Bottom Line: If your agent isn’t making you more money through better negotiation and protection than they are taking in commission, it’s time to re-evaluate. 23 […]

Day 13: International Withholding & CWA Headline: Crossing Borders: Don’t Let Foreign Taxes Kill Your Tour Touring internationally? Most countries (like the UK, Germany, or Japan) automatically withhold 15%–30% of your pay for taxes. A sophisticated agency works with “Central Withholding Agreements” (CWA) or local accountants to reduce that withholding […]

The Agency as Your Collection Department What happens if a promoter’s check bounces or they “forget” the wire transfer? Individual artists often feel awkward chasing money—they want to stay “cool” with the promoter. The agency takes the heat for you. They have a “Blacklist” of promoters who don’t pay. If […]

When Life Happens: Your Paycheck vs. Acts of God “Force Majeure” is French for “Superior Force.” It covers things like floods, riots, or global health crises. A primary obligation of the agency is to ensure your contract has a robust clause that protects your deposit if the show is canceled […]

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The Fine Print: Understanding Commissionable Gross The Fine Print: Understanding Commissionable Gross An agent is obligated to be transparent about what they commission. Usually, they take their 10% from the Gross Guarantee. however, sophisticated agents help negotiate “Net Deals” where expenses (sound, lights, catering) are deducted before the split is […]

Don’t Get Shortchanged: How Agents Audit the Door Don’t Get Shortchanged: How Agents Audit the Door If your deal includes a “backend” (a percentage of ticket sales), you are at the mercy of the venue’s math. This is where “Settlement” comes in. Your agency (or a tour manager they’ve vetted) […]

Paid Before You Play: The Power of the 50% Deposit In the music business, a handshake is a liability. One of the primary obligations of a talent agency is to secure a non-refundable deposit (typically 50% of the guarantee) before you ever leave your house. Why? Because venues go out […]

Day 7: Weekly Recap: The Three Pillars of Protection Week 1 Review: Your Representation Checklist We’ve covered the basics. Before you move on to the “money and rights” section next week, audit your current situation with these three pillars: The Bottom Line: You are a business. Your agency is your […]

Where is My Money? The Importance of Escrow Where is My Money? The Importance of Escrow When a promoter pays a $5,000 deposit for your show, that money doesn’t go into the agent’s personal pocket. By law, agencies must maintain Client Trust Accounts. This is a separate bank account where […]