Royalty Oversight & Reporting
Music revenue may be reported through distributors, publishing administrators, performing rights organizations, licensing arrangements, and other sources. Each may provide information in a different format and on a different reporting schedule.
SunGrass Records helps artists, labels, and catalog owners organize royalty information, review revenue records, identify reporting discrepancies, and understand the commercial performance of their music.
The engagement is structured around the catalog, the information available, the parties already responsible for administration, and the reporting work SunGrass Records is authorized to perform.
Scope of Services
The engagement is defined by the revenue sources, reporting periods, recordings, compositions, and administrative responsibilities included in the agreed scope.
Royalty Statement Review & Organization
Collect and organize available royalty statements and revenue reports from the sources included in the engagement.
Work may include standardizing reporting periods, identifying the recordings or compositions represented in each statement, documenting income categories, and consolidating information for further analysis.
Revenue Reconciliation & Discrepancy Review
Review reported revenue against available payment records, relevant account information, and the applicable administrative documentation.
Potential discrepancies, missing information, unexplained adjustments, and reporting inconsistencies are documented for investigation or follow-up with the responsible party.
Royalty Allocation Records
Organize the ownership, participation, and allocation information relevant to the income streams included in the engagement.
Where authorized and supported by the applicable agreements, SunGrass Records may prepare allocation schedules, review royalty calculations, and maintain records supporting the amounts attributable to participating parties.
Catalog Performance & Reporting
Prepare organized reporting that provides visibility into the revenue and performance of the recordings or compositions within scope.
Depending on the available data, reporting may include revenue by source, recording, composition, or period; changes in performance; identified discrepancies; and administrative matters requiring attention.
Engagement Process
Royalty oversight begins with an understanding of the catalog, its existing revenue arrangements, and the information available for review.
Initial Assessment
SunGrass Records reviews the catalog's relevant revenue sources, existing administrators, available statements, applicable agreements, and reporting objectives.
This assessment establishes whether a defined review, reporting assignment, or continuing administrative relationship may be appropriate.
Scope & Reporting Requirements
SunGrass Records reviews the catalog's relevant revenue sources, existing administrators, available statements, applicable agreements, and reporting objectives.
This assessment establishes whether a defined review, reporting assignment, or continuing administrative relationship may be appropriate.
Review & Reconciliation
The engagement identifies the recordings, compositions, income sources, reporting periods, available records, and responsibilities included in the work.
Deliverables, timing, compensation, information-access requirements, and any ongoing reporting arrangements are established in writing.