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“Who knows that the next format for music will be in five to ten years, technology changes so rapidly. But I do know that whichever direction it goes, Counterpoint’s Record Maestro will be there with us to meet the challenge and adapt to the new format.” Paul Morse
Royalty Manager, Cleopatra Records

For Immediate Release

25 January 2010

 

Cleopatra Records Selects Counterpoint Systems MRM for Online Royalty Statements

CANNES—Indie label Cleopatra Records has chosen to implement Counterpoint Systems’ Maestro Relationship Management (MRM) software to provide its clients with access to royalty statements online. Used in conjunction with Counterpoint Systems’ royalties processing application Record Maestro, CRM will allow music publishers and other Cleopatra clients to instantly view royalty and sales data, summary reports, financial balances, label copy and other vital information. MRM is a boon to transparency and efficiency in royalties processing.

 “We have chosen MRM because our royalty statements are getting too large to email for some clients—digital sales significantly increase the size of statements,” said Cleopatra Royalty Manager Paul Morse. “Our clients will appreciate having more control over their statements and 24-hour access to information on their history, which albums and tracks are selling the most, et cetera. It’s all readily available and at their fingertips.”

Counterpoint will showcase the latest versions of its industry-leading rights management and royalty accounting solutions from the 24th to the 27th of January at Midem in Cannes, France.

About Cleopatra Records

Cleopatra Records exists at the very forefront of cutting edge music. Continually looking forward but never shying away from the past, this indie juggernaut's roster boast a wide array of artists such as IGGY POP, WANDA JACKSON, LAYZIE BONE, JOHNNY THUNDERS and THE 69 EYES just to name a few. Established in 1992 by BRIAN PERERA, the philosophy at CLEOPATRA RECORDS is simple: A Label Run By Music Fans For Music Fans. While many other independents have fallen to the wayside, Cleopatra has managed to become one of the premiere independent record labels in the world while also branching out to encompass all genres of music and media.

About Counterpoint Systems

Founded in 1987, Counterpoint Systems is the world leader in software solutions for rights management, royalty accounting and product licensing. The company's specialized software products employ the most sophisticated and up-to-date technologies and its dedication to research and development ensures that Counterpoint keeps pace with changes in legislation and industry practices. Counterpoint Systems' extensive client list includes 20th Century Fox, C.A.M., Concord Records, MTV Networks, Paramount Pictures, NHL Enterprises and eMusic. Counterpoint Systems Ltd. is headquartered London and has offices in Los Angeles, New York and Northern California. For more information, visit www.counterp.com.

Contact:     Linda Rosner
                    The PR Spin
                    323.275.1136
                    lrosner@theprspin.com