Major Recording Artists Now Managing Themselves
Hey Biz Talkers! There is a trend developing in the music industry in the realm of recording artist management. A number of well known artists are beginning to manage their own careers as opposed to having a personal manager act on their behalf. Most notably, Bruno Mars is currently acting as his own manager. It appears that this move is saving Bruno millions of dollars in management fees (which are typically 20-25 percent of an artists gross income) as he is opting instead to personally oversee his career while delegating some suuplemental duties to a hired staff that yearly is paid in the low six figures overall. It will be very interesting to see how this trend continues to develop especially since it seems to be working well for Bruno. Stay tuned!!!