#Royalty accounting

[noctil2]

How does Noctil Royalty Accounting for Music Work?

What is royalty accounting?

Royalty accounting in the music industry is the process of calculating and distributing royalties to various right holders, such as songwriters, composers, performers, and record labels, based on the use of music.

What does it include?

It involves reporting the music usage, calculating royalties as per the rules, and ensuring that that the respective parties (e.g., songwriters, publishers) receive their fair share of earnings.

Here's an overview of how royalty accounting for music works:

Rights and ownership:

Metadata accuracy: Maintaining accurate metadata for music compositions and sound recordings is crucial. This includes information about songwriters, composers, performers, album details, and ownership.

Copyright registration: Rights holders should ensure that their music is properly registered with relevant performing rights organizations (PROs) and other collecting societies to facilitate royalty collection.

Music usage reporting:

Efficient monitoring and data collection: Music usage is continuously monitored by various sources, including streaming services, radio stations, TV networks, and venues. These sources track when and where music is played or streamed. The playlist logs need to be collected regularly to update and maintain the master data.

Royalty calculation: below are some of the types of royalties that can be collected.

Performance royalties: Performing rights organizations collect fees from music users (e.g., broadcasters, venues) and calculate royalties based on various factors, including the frequency and reach of performances.

Mechanical Royalties: For physical and digital music sales, mechanical royalties are calculated based on sales and distribution. Streaming platforms also pay mechanical royalties based on the number of streams.

Synchronization (Sync) Royalties: Sync royalties are calculated based on licensing agreements for music used in visual media, such as film, TV, commercials, and video games.

Streaming Royalties: These royalties are based on revenue sharing agreements between streaming platforms and right holders, with rates typically determined by negotiations or statutory rates.

Once the royalties are collected, they need to be calculated based on contract agreements and rules by specific organizations regularly for making timely payment to artists.

Distribution of royalties:

Distribution by collecting societies: Performing rights organizations and collecting societies collect and distribute royalties to songwriters, composers, and publishers. These organizations often have distribution schedules and methods based on usage data.

Distribution by record labels: Record labels receive revenue from music sales and streaming platforms. They calculate and distribute royalties to recoding artists and producers based on contractual agreements.

Direct licensing: Some right holders, particularly independent artists, may directly license their music to users or platforms and handle their own royalty accounting and distribution.

Royalty statements and reporting:

Right holders receive royalty statements from PROs, record labels, and other entities detailing the amount earned and the sources of income.

Statements may include deductions for administrative fees, advances, and recoupable expenses (e.g., recording costs).

Royalty statements are typically provided on a regular basis, such as monthly, quarterly or semi-annually.

Auditing and dispute resolution:

Right holders have the right to file for an audit of the royalty calculations and reporting of music users, collecting societies, and record labels to ensure accuracy.

Disputes regarding royalty calculations or payments can be resolved through negotiation, mediation, or legal processes.

To Know More: https://www.noctil.com/

[dear-ao3]

to the person who reads wwe fanfiction on ao3/reading yaoi manga/listening to music in conspiracy theories class:

if you follow us, can you a) shut the fuck up and stop interrupting our professor, and b) maybe read a book on english monarchs in context with the british empire and c) stop yassifying queen elizabeth i? thanks!

[unironicallycringe]

so my partner keeps getting spam bot messages on facebook, and they decided to entertain themself by responding in long noir detective monologues. i decided it needed an audio drama version.

i have no idea how to tag this. i'm dumping it into the tumblr ocean and it will swim with the currents, godspeed

[delancydevinsmommyissues]

The island princess is like the only time i've enjoyed a plotline resembling a love triangle.

Like you have 2 characters with feelings for one another, but bc of the circumstances, feel like they can't be together/dont deserve each other, and the person who one of them has been told they should want to be with and is also trapped by the narrative is their no. 1 supporter, bc they know two pining idiots when they see them.

like ugh that's literally the best part of the movie for me so i dislike when people try to just make the island princess about tika hate

[hussyknee]

[world-of-wales]

Idk where people have got the idea from, that being at Balmoral in September is unusual and something to be talked, it's literally normal practise. We don't get to know about it doesn't mean it's not something that happens.

Not only is this the time, that thanks to Queen Vicky, the Ghillies Ball is organized (we are atleast 95 percent sure that William attends those) but also, the monarchs usually tend to stay at Balmoral till mid-September, too.

The Waleses have been photographed in the area before today, too, in September. And have been papped.

This is Cat and Queen Liz on 10 September 2016 (left) and then Will & Cat on 11 September 2016 (right)

This is William on 14 September 2014

William attended church with Liz on 16 September 2018 too.

AND most importantly, William just had engagements in Aberdeen this week on Thursday. And I do think Catherine appearing with Chuck following her announcement makes sense.

So this appearance at Crathie Kirk is honestly nothing to think about.

[krasivaa]

Happy Birthday Vincent and Josephine!

Deres Kongelige Højheder Prins Vincent og Prinsesse Josephine har fødselsdag og fylder i dag 13 år 🇩🇰

Their Royal Highnesses Prince Vincent and Princess Josephine have a birthday and turn 13 today 🇩🇰

Foto: Dennis Stenild, Kongehuset©️

via detdanskekongehus official Instagram account

~~~~☆~☆~~~~

[trexalicious]

Why don't you ask them Phil? You have the platform...

[i-like-art-and-spiderman]

Part 2 of my NWH post

Peter: Harry! Peter looked at his revived friend, tears leaking out of his eyes. Out of anything to Happen Peter didn't expect this, especially when Norman and Otto returned to present day. MJ: I know right! This is amazing, I don't even know how this happened I . . . MJ looked behind Peter in horror, two familiar and both equally traumatizing faces stared back at her. Otto: Hello, Mizz Watson. Before MJ could scream Peter covered her mouth. However, everyone's attention was drawn to the figure in the bed. Harry's body violently moved side to side while his heartbeat increased. A nightmare. Norman: Harry? MJ rushed over to Harry, gently caressing his hand. MJ: Everything is okay Hare, relax I'm right here. The soothing and steady voice calmed him down as his heart rate became normal again. His body leaning to the side showing the scarred half of his face. Norman looked at his son horrified, what happened to his boy? Otto covered his mouth concern also following him, becoming more and more prevalent as he watched Peter freeze, tears in his eyes as if he had seen a ghost. Meanwhile, Peter looked at Harry in disbelief. His friend, the one who saved him, the one who's friendship he almost lost completely, was here. With him, guilt however slowly reared its ugly head as he noticed the still prevalent scars on Harry's face. Even after everything, they are still there. He should not be surprised. As much as things seemed to have changed after saving the lives of Norman and Otto, it doesn't erase what happened in the past. He just hopes Harry doesn't hate him. Cause Lord knows he doesn't deserve forgiveness. Norman looked at his son fear creeping along his spine. He reached for Harry's face when a hand grabbed his wrist taking both Peter and Otto out of their heads. Norman looked up in surprise, MJ staring back at him. MJ: Leave. Now. Norman: He's, my son! MJ: I don't care, leave! Peter: MJ. Norman: I am not going to leave; he is my son. MJ: Do I look like I care Mr. Osborn, or should I say Green Goblin. Peter: . . . MJ: So, both of you get out before I call the police. Peter: MJ Please. MJ: Peter one more word and I'll ask you to be removed too. With that Peter shut his mouth, looking at Otto with a plead to get Norman out. Otto understanding the look, glanced at Norman. Otto: Norman, I think we should go and ask questions later when everyone is fully rested and calmed down. Norman: Calmed down. CALMED DOWN! LOOK AT MY SON OTTO!!! With that, a Nurse knocked on the door. "Hey is everything alright?" MJ gave Norman a look and he stepped away from his son. MJ: Yes Mam, everything is fine. On that note, both Otto and Norman stepped outside, Norman giving MJ a dirty look as MJ stared back at him with sheer and utter hatred. She then turned to Peter, her face softening the smallest amount. MJ: Care to explain what the fuck is going on?

[conherofrost]

Do you think frost dad is any thing like king cold

Hmm, I can't say I have enough of the details from Frieza's end to make an apt comparison, but from what I've been gathering from his blog misgivings, I think his father at least gave more of a rat's ass about his children.

Take a scroll down my blog, you might spot some of my complaints~

[noctil2]

How does Royalty Accounting for Music Work?

Royalty accounting for music is a complex yet essential process that ensures musicians, songwriters, performers, and other right holders receive their fair share of earnings from music consumption. Here's an overview of how royalty accounting in the music industry works:

Revenue source: Music royalties come from multiple sources, including record sales, streaming, radio airplay, live performances, synchronization (use of music in TV, film, and ads), public performance (venues, radio, TV), and more.

Metadata management: Accurate metadata is crucial for royalty accounting. Metadata includes details about the music, such as song title, songwriter, performer, publisher, and ISRC (International Standard Recording Code), etc.

Contracts: Contracts define the terms of royalty distribution, specifying who gets what share of the revenue. Different stakeholders, such as songwriters, performers, record labels, and publishers, have their own terms and conditions.

Collection Societies and Performing Rights Organizations (PROs): Organizations like ASCAP, BMI, and SESAC handle the collection of performance royalties. They monitor public performances and broadcasts of music and distribute royalties to songwriters and publishers based on the music playlist logs they collect.

Mechanical Royalties: These royalties are paid for the reproduction and distribution of sound recordings and are typically administered by music publishers and record labels. For digital downloads and streaming, platforms pay mechanical royalties to rights holders.

Distribution reports: Based on sales and usage, the royalty accounting software generates usage reports. These reports detail how often a song was streamed or sold, which is essential for calculating royalties.

Revenue calculation: Royalty calculations depend on the type of income source and contractual agreements. Songwriters, for example, may receive a percentage of revenue, while performers may receive a fixed fee per sale or stream. These are done by the software.

Ownership verification: It's crucial to verify rights and ownership before distributing royalties. This involves checking contracts, ISRC codes, and proper attribution to ensure accurate payments.

Deduction calculations: In some cases, expenses or deductions may be made before distributing royalties. This can include recoupable advances, marketing expenses, and other costs incurred by record labels.

Royalty distributions: After revenue calculation and verification, royalties are distributed to the respective right holders. This can be done periodically, such as quarterly or annually, depending on the agreements.

Maintaining transparency: Right holders should receive detailed reports explaining how royalties were calculated and distributed, ensuring accountability and trust.

Noctil offers an all-in-one metadata management platform with great customer support for publishers, publishing admins, record labels, music rights societies, and distributors.

To learn more about our tool, visit www.noctil.com or contact us at info@noctil.com.

[the-unconquered-queen]

I kept it prince(ss) and king/queen because if I include nobility we'll never have enough room

[softichill]

I've been watching videos I used to adore when I was like 8-10 and of course most of them are mlp (special interest until 4th grade), but there's one particular one where the youtuber in question mentions "cringe OCs" in comparison to "realistic OCs"

My brother in Celestia you are an mlp youtuber. You are considered cringe no matter what your ponysona looks like

[asoiafreadthru]

A Game of Thrones, Catelyn III

Ned and the girls were eight days gone when Maester Luwin came to her one night in Bran’s sickroom, carrying a reading lamp and the books of account.

“It is past time that we reviewed the figures, my lady,” he said. “You’ll want to know how much this royal visit cost us.”

Catelyn looked at Bran in his sickbed and brushed his hair back off his forehead. It had grown very long, she realized. She would have to cut it soon.

“I have no need to look at figures, Maester Luwin,” she told him, never taking her eyes from Bran. “I know what the visit cost us. Take the books away.”

[world-of-wales]

The Prince of Wales visits WEST, the new OnSide Youth Zone in Hammersmith and Fulham || 14 MARCH 2024

[hiis-theme]

people portraying chara as being, like, overly formal and shit is really funny to me when you realize that they're probably just undertale's equivalent to kris. and therefore are a gremlin who probably eats moss on a semi-regular basis-