
Analyst, Catalog Artist Royalties
Warner Music Group
Nashville, TNThis was removed by the employer on 7/2/2021 5:30:00 AM PST
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This is a Full Time Job
At Warner Music Group we're all about our people. Our global company is made up of knowledgeable, passionate, and creative individuals. Our commitment to Diversity, Equity and Inclusion fosters a culture where you can truly belong, contribute, and grow. We believe in each individual's value and encourage applications from people of any age, gender identity, sexual orientation, race, religion, ethnicity, disability, veteran status, and any other characteristic or identity.
It is the mission of every member of the WMG team around the world to create a nurturing environment for artists, songwriters, and the people behind the music – at every stage of their career. We strive to set WMG apart by embracing innovation – an integral part of our company's DNA.
Consider a career at WMG and be a part of one of the most influential forces in culture today.
Analyst, Catalog Artist Royalties
A little bit about the team:
The U.S. Shared Services organization is based in WMG's Center of Excellence for Shared Services in Nashville, Tennessee (the ''Center''). The Center consists of five departments: Analysis, Finance, Legal, Licensing, and Reporting. Employees of the Center provide services to all of WMG's U.S. record labels, Warner/Chappell Music Publishing, WEA Corp. and Alternative Distribution Alliance (WMG's distribution companies), and WMG's other U.S. business units.
The U.S. Shared Services Reporting Department is responsible for managing all of the reporting obligations of WMG's U.S. record labels (including those operated by the Atlantic Records, Rhino Entertainment, Warner Bros. Records, and Warner Music Nashville) to recording artists, producers, writers and publishers, labor unions, and other external payees. The Department's services include the following:
• Calculating and paying royalties to recording artists, producers, and other third parties
• Calculating the net profits earned by joint ventures between WMG's record labels and external parties and then paying those external parties their contractual shares of such profits;
• Calculating and paying mechanical royalties to songwriters and/or their publishers and administrators; and
• Calculating and paying monies due to labor unions pursuant to the terms of the collective bargaining agreements between such unions and the applicable WMG record labels that are signatories to those agreements.
Why this could be your next big break:
Members of the Department work closely with employees in the Business Affairs, Finance, Production, Operations, New Media, and Marketing departments of each label client to fulfill the above-referenced responsibilities for the recordings and record those labels release.
The candidate hired to fill this position will be responsible for entering and maintaining record royalty rates for the applicable royalty recipient in the various record royalty systems that WMG utilizes and processing record royalty statements for the Group's record label clients.
Here you'll get to:
• Create and maintain royalty accounts information for royalty recipients in WMG's artist royalty system, including by updating the recipient's contact information and tax identification numbers as needed;
• Review and analyze recording agreements, producer agreements and other similar agreements (and any corresponding deal summaries or deal memos) for the purpose of identifying and summarizing the applicable royalty rates, related terms and payee information for a given record or recording and then enter those terms into WMG's artist royalty system;
• Provide the Income Tracking Team in the Revenue Assurance Group with direction regarding the contractual terms to be applied to third party licensing income, to ensure that royalty recipients are paid properly with respect to third party licenses.
• Provide the Royalty Audit Team with account information related to past royalty statements.
• Link individual record products t