The Publishing & Royalties Department of Provident Financial Management provide a number of services:
Publishing Administration:
Worldwide publishing administration, which includes services such as copyright registration, ASCAP/BMI/SESAC registration, music licensing (mechanical, synch, digital, ringtunes, greeting cards, iPhone apps, etc.), music clearance, sample clearance and licensing, royalty statement preparation, and solving copyright disputes and counter-claims.
Creative Services:
We work closely with a number of music supervisors and creative placement companies and we pitch songs for film/TV/video game placements and for artists looking for songs to record. We also coach our songwriters and producers in the creative process and provide constructive feedback and guidance along the way. In addition, we work closely as consultants and partners with companies in the digital space and help them develop business strategies, including music licensing and royalty models for the 21st Century.
Publishing Catalog Valuations and Acquisitions:
We have successfully represented the sellers of high-profile sole songwriter catalogs over the past several years. We handle the financial due diligence to determine the catalogs' Net Publisher's Share. We review the earnings and analyze the numbers by song, by territory and by income type. The final result is a nice presentation which includes biographical material, sales data, chart information, illustrations, NPS analysis, licensing income analysis, etc.
Royalty Accounting and Licensing Services for Record Labels:
Contract review; set-up of payees, contract terms and product in royalty system; review of label copy and preparation of mechanical rate sheets; preparation of royalty statements, including publisher and DVD synch statements, artist/producer statements, net profit and joint venture statements; drafting and negotiation of DVD synch, master use and mechanical/digital licenses; bookkeeping and check processing.
Neighboring Rights:
Provident can affiliate artist and producer clients with various neighboring rights societies around the world and help collect their sound recording performance royalties.
Desk Audits:
Review or royalty statements and contracts, comparisons between artist statements and publishing statements, analysis and comparisons of royalty statements from the PRO's.