Fairness Rocks News 5 Reasons Why You Should Undertake a Royalty Audit


Fairness Rocks News 5 Reasons Why You Should Undertake a Royalty Audit

Home Industry News 5 Reasons Why You Should Undertake a Royalty Audit

Author: Robert Fowler

Date: January 29, 2021

Original Source: Synchtank

Industry News

5 Reasons Why You Should Undertake a Royalty Audit

Anyone that has worked in royalties at a record label knows royalty accounting isn’t simple. There’s a myriad of activities and entities involved in the process and often things just go wrong.

When an artist sees their 6-month summary statement, they won’t be aware of the volumes that the labels are dealing with and the number of staff and departments involved in pulling together the mass of information required for the royalty accountant to do their job. On top of this, the financial provisions in recording agreements can be highly complex.

Read More: https://www.synchtank.com/blog/5-reasons-why-you-should-undertake-a-royalty-audit/