I have been thinking of the idea of creating a regulating agency or organization that would provide a certification for managers in the music industry.
Currently anyone can assert they are a “manager” in the business and that is a scary thought. There is no type of training or certification required for people to call themselves “managers”. I believe that some type of regulating agency/organization would help protect artists while granting managers credibility and integrity to the profession. Also, the organization would be beneficial to record companies and other parties that interact with management.
This organization could provide programs for certification to managers. It could also create a ratings system for management companies. Artists could use this information to determine whether to hire a manager or sign onto a management company for representation.
The main advantage of this organization would be to reduce the number of people posing as managers who scam artists and take advantage of their vulnerabilities.
I believe there are plenty of these scams out there… My goal is to research those cases and look to see how realistic a remedy this idea may be….
