In recent years, the live performance sector of the music industry has continued to thrive. In 2016 alone, Billboard Magazine reported that global gross box-office revenue surpassed a staggering $5.5 billion dollars. This trend underscores the significant earning potential for artists through touring and live performance engagements, prompting many to seek their share of the lucrative live performance and touring market.
It is increasingly prudent for musicians to formalize their arrangements with venues or event promoters through written contracts, commonly known as live performance agreements. These agreements, typically negotiated between the artist or their representative and the venue owner or promoter, lay the groundwork for a successful collaboration.
