Guide to Royalty and Rights Software
Royalty Producer is a pure, professional royalty system for creative companies. Its feature sets range from the basic, but demanding administration of meta data and digital download sales to a full fledged enterprise-level royalty system for recording, publishing and management income.
More than 300 record labels world wide use this software. You can choose from different modules to build the right package for your company’s needs. [Read more...]
CANNES—Indie label Cleopatra Records has chosen to implement Counterpoint Systems’ Maestro Relationship Management (MRM) software to provide its clients with access to royalty statements online. Used in conjunction with Counterpoint Systems’ royalties processing application Record Maestro, CRM will allow music publishers and other Cleopatra clients to instantly view royalty and sales data, summary reports, financial balances, label copy and other vital information. MRM is a boon to transparency and efficiency in royalties processing. [Read more...]
When people ask me about software for the music or entertainment industry I refer them to the following vendors;
Each of these vendors has an established client base of music and entertainment accounts (music and film companies).
Korrect offers a low cost hosted solution for small record labels.
Musicalc specializes in royalty software for the small music label.
Counterpoint Systems’ extensive client list includes 20th Century Fox, BMG Rights Management, eMusic, Mattel, Michelin Lifestyle, MTV Networks, NHL Enterprises and Paramount Pictures. Counterpoint Systems is headquartered in London and has offices in Los Angeles and New York.
Real Software Systems clients list for their Alliant software includes MGM, NBC Universal and Alliance. Real Software Systems has offices in Los Angeles, Boston and London.
Royalty Producer’s solution runs on Apple Macs and PCs.
RoyaltyShare, Inc. is a venture-backed company focused on providing comprehensive royalty accounting services to record labels, music distributors and music publishers. RoyaltyShare’s solutions were built from the ground up to manage the complexities inherent in digital distribution. Our services allow customers the freedom to pursue new revenue streams by providing the back-end support required to manage multiple and inconsistent data sources and to accurately compensate artists, publishers and songwriters.
RoyaltyShare, a premier provider of technology solutions to the entertainment industry announced that its Digital Advantage service now features full support for UK Record Labels to process mechanical royalties owed to the Mechanical-Copyright Protection Society (MCPS). With the addition of MCPS reporting, the Digital Advantage service now supports all of a UK label’s royalty reporting needs while providing detailed analytics to support their business.
As the primary royalty collection society in the UK, MCPS, a component of PRS for Music in the UK, collects and pays mechanical royalties to its music publisher and songwriter members whenever one of their recordings is reproduced onto any format and distributed to the public, performed or played in public, broadcast or made available online. UK-based record labels are responsible for reporting mechanical royalties to MCPS through statements that identify the number of physical units sold over a specific period.
“By creating an automated process for reporting mechanical royalties to MCPS, RoyaltyShare is continuing to simplify royalty accounting for record labels in the UK,” said Paul Clements, MCPS Director of Licensing. We look forward to working with RoyaltyShare to enable the streamlined processing and payment of mechanical royalties for our members.”
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