A company or individual with creative assets being used by a third party receives payment, known as a royalty. Music royalties originate from copyright or intellectual property, and the owner receives payment before stockholders, company executives, etc. Greenlight Financial can help artists calculate how much royalties are due to them. We can also help small record labels when calculating the royalties due to their songwriters.
Copyright laws protect music and consider it “a tangible medium of expression.” A song comprises two copyrights:
1) Composition, which is lyrics & melody;
2) the actual sound recording you hear.
Since there are different types of music royalties, it’s important to understand the differences. If you are in the music industry and need help with your royalties, Greenlight Financial can help with the calculation of:
Greenlight Financial has over 16 years of experience in royalty accounting with both individuals and record label companies. Contact us today to learn how we can help you.
REQUEST A CONSULTATIONWhat our current Greenlight clients are saying
Finally after years of trying to find the right mix of talent who ‘gets’
what my businesses (plural) need – Love my Greenlight folks!
GLF are hands down the most trustworthy people when it comes to accounting services.
Greenlight Financial has been an excellent choice!
Your Finances, Your Way: Contact Us For Personalized Solutions