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White Sky Royalties Update - Issue #10

White Sky Royalties Update
White Sky Royalties Update - Issue #10
By White Sky • Issue #10 • View online
News and views from the money side of music.

Spotify equity payouts
So, has everyone got their equity payout now? 3 out of the 4 major label representatives (I include Merlin here,) have cashed in their chips but each of them are treating the income differently. Here’s a summary of how things should be going down:
Sony: Announced that they would pay through revenue outside of recoupment at the contractual rate. i.e., even if you’re account is unrecouped, you should be getting paid.
Warner: Accounting revenue on royalty statement at the agreed streaming rate, subject to recoupment.
Universal: Have not sold their shares yet. Interesting …
Merlin: Paid out all their label members who will be treating the income as they see fit. There is no one rule for Merlin’s hundreds of members. Merlin members include digital distribution services like AWAL and InGrooves.
In the news:
Has the streaming model changed songwriting?
Music Modernisation Act signed into law.
APRA-AMCOS smashed it in 2017-18
On the radar:
Jun 18 statements were due - 30/09 - Just double checking that you’ve received your Jun 18 royalty statements. If not, it might be time to shoot your label a quick email.
APRA Live Performance Payouts - Should be arriving in your next royalty statement which will be paid in November. Maybe something to keep in mind for cash-flow if you’ve had a big year on road.
White Sky Service Spotlight:
Royalty Income Analysis: Easy to digest, custom dashboard report showing data across all your sources of royalty income.
  • See all your income across multiple deals/sources in one place.
  • Compare income across separate deals, territories and more.
  • A true representation of your global royalty streams.
  • Discover trends and use the data to aid in future decision making.
  • Powered by RoyaltyTracks
Brought to you by White Sky Royalty Accounting
Brought to you by White Sky Royalty Accounting
More articles from the White Sky team:
White Sky Royalties Update - Issue #9
A Rose By Any Other Name.
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