Optimise your career in the entertainment industry with our expertise. We will organise and coordinate your team and be the point of contact for your partners.

As a business manager in the music and entertainment industry, Nextar plays a crucial role in managing the various responsibilities of the entourage and financial aspects of the careers of artists, DJs, producers, (content) creators, e-sports, professional athletes and music companies. Our responsibilities include:

Communication and collaboration

• Stakeholder communication: Maintaining effective communication with artists, DJs, producers, (content) creators, e-sporters, professional athletes and music companies as well as their partners such as record labels, agents, accountants and other stakeholders.
• Teamwork: assemble and work closely with other members of the artistic team, such as a&r managers, tour managers, agents, promoters, promotion managers, PR managers and lawyers.

Financial management

• Budgeting: Develop and manage budgets for releases, projects, tours, e-sports tournaments and other expenses.
• Accounting: Monitor financial transactions, track revenues and expenses, and maintain accurate financial records.

Revenue management

• Revenue monitoring: Monitor and manage revenue streams, including record sales, streaming royalties, merchandise sales, revenue from concerts, live sets, appearance and licensing revenue.
• Royalty collection: Ensuring artists receive their due royalties from various sources, such as collecting societies, record labels and streaming platforms.

Contract negotiation and administration

• Contract review: Review and negotiate contracts on behalf of artists, DJs, producers, (content) creators, e-sports, professional athletes and music companies, including record contracts, publishing agreements, sponsorships and licences.
• Contract compliance: Ensuring that all parties involved comply with the terms in contracts.

Tax planning and compliance

• Tax management: Working with accountants to optimise tax strategies, ensure tax compliance and deal with tax-related issues for artists, DJs, producers, (content) creators, e-sports, professional athletes and music companies
• Financial reporting: generate financial reports for both internal and external stakeholders.

Investment and asset management

• Investment strategies: Advise on financial investments and manage assets to maximise returns.
• Asset protection: Implement strategies to protect the financial interests of artists, DJs, producers, (content) creators, e-sports, professional athletes and music companies.

Business strategy and planning

• Strategic planning: Work with artists, DJs, producers, (content) creators, e-sports, professional athletes and music professionals to develop long-term financial strategies and business plans.
• Risk management: identify potential financial risks and develop strategies to avoid them.

Tour budgeting and logistics

• Financial planning for tours: Planning and managing financial aspects of concert tours, including budgeting for travel, accommodations, production costs and other expenses.
• Logistics: Coordinating logistics related to tours, such as transport, accommodations and equipment.