|
There are two aspects to royalties. One is the song being the soundtrack to a blockbuster movie or topping every chart! It does not just end here.
Another aspect of it is ensuring the artist gets compensated fairly, timely, and accurately.
That’s where music royalty management software comes in, to your rescue.
Centralized System: The software acts as a central hub for all your royalty data. You can input details like songwriter splits, licensing agreements, and royalty rates for various income streams (streaming, mechanical licenses, etc.).
Transparency is Key: Good royalty management software provides clear reports and dashboards that visualize earnings. This allows rightsholders to see exactly how much they’re earning from different sources and identify any discrepancies.
|