Royalty Management

Royalty Management

Royalty Management and the processing of royalty payments are a time consuming aspect when managing content.

As the way we consume content evolves, media and entertainment businesses are having to update how they manage their royalty obligations. Unfortunately in many situations businesses and their royalty operations are ill equipped to manage such change with outdated systems, redundant data and reporting structures that do not allow for the increase in data collection through digital sales and inbound channel diversity.

It is a certainty that business costs are rising with the management of royalty statement generation, distribution and payment with a reliance on outdated systems that are open to reporting errors, lack transparency and flexibility.

CIM Agency will work with its Partners in the set-up and management of royalty reporting back to their third parties. We will work within the budget set aside to undertake this administrative function assisting our Partners in reducing their overhead costs. Outsourcing royalty management provides a speedy cost effective solution to your business operations, our service will scale to your needs. With a familiarity in establishing reporting procedures we can work with you in reducing  your process management and limiting significant judgements required by management in assessing royalty liabilities.

On consultation we will review the agreements, number of statements to be generated, distributors, advances and other parameters to ensure accurate royalty calculation and payment summaries.

Fees:

Our fees are calculated by a one-off set-up  fee then an ongoing administration fee.

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