Royalty Specialist

Wood Personnel is partnering with a classical music distributor is Brentwood, TN seeking a Royalty Specialist that specializes in Mechanical Royalty Administration. This position requires 2-3 years of experience with royalty and copyright related matters within the music industry.

Royalty Specialist Overview:
The Royalty Specialist would be responsible for being the point-of-contact for royalty and copyright related matters. The main duties involve tracking sales and usage data from various sources, such as physical sales, digital downloads, and streaming platforms, to accurately calculate and collect royalties. In addition, analyze contracts to apply the correct royalty rates, distribute payments to rights holders, and prepare detailed royalty statements.

Compensation for the Royalty Specialist:

• $60k annually
• Health, Dental, Vision, Retirement Option
• Direct Hire
• Remote (must be local to Brentwood, TN area)

Responsibilities of the Royalty Specialist:

• Serve as the main point-of-contact for royalty or copyright related matters
• Coordinate the flow of metadata and revenue related to public performance and mechanical collection on behalf of owned and represented labels
• Research & secure mechanical licenses
• Answer questions regarding language in direct licenses and payment documents for publishers and composers
• Process and provide the accounting department with quarterly Journal Entries for mechanical royalties owed
• Notify the Mechanical Licensing Collective (MLC) of monthly activity and the creation of the yearly summary of the monthly activity
• Manage communication with performing rights organizations (PROs) regarding performance licensing for compositions streamed
• Provide financial or copyright analysis required by the company or represented labels
• Create artist royalty statements for certain company owned labels
• Process royalties for labels with unclassified contract and provide statements of activity
• Provide monthly release information to SOPROQ
• Maintain and implement compliance with all company policies and procedures

Requirements of the Royalty Specialist:

• Bachelor’s degree required (business, accounting, or music business focus preferred)
• 2-3 year(s) working in a label-perspective mechanical royalty administration role with experience leading projects
• Practical understanding of copyright law, mechanical licensing, and how it pertains to classical music (public domain, public performance, etc.)
• Ability to work independently and to carry out assignments to completion within parameters of instructions given, prescribed routines, and standard accepted practices
• Advanced verbal and written communication skills, including ability to effectively communicate with internal and external persons
• Ability to translate complicated business issue into action given set parameters
• Excellent computer proficiency, particularly with the MS Office Suite. Advanced Excel capabilities (e.g., pivot tables) are required
• Leadership and ability to provide project outlines, deadlines, and guidance throughout a given project

Job Type: Full-time

Pay: $60,000.00 per year

Benefits:

• Dental insurance
• Health insurance
• Paid time off
• Retirement plan
• Vision insurance

Work Location: In person

Salary : $60,000