“It’s important that royalty statements are accurate and delivered on time. When you work with writers worldwide, delays are unacceptable. With Music Maestro, it’s easy. I have never been late and I don’t have that stress.”
Stefan Egmar
Founder, Stiggy Music & Management
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Rights and Royalties for Media and Entertainment
Media Maestro helps media enterprises manage new and traditional media rights and royalties across all platforms, and drives down the costs of managing content rights and royalties. Media Maestro is a modular solution which can be implemented as a rights and contract application, a royalties administration application, or an integrated solution for end-to-end management of the rights and royalties process.
Media Maestro is off-the-shelf solution which does not require a custom build or a lengthy implementation process. It is a mature product having been in use for over 12 years by some of the largest media enterprises in the world. Our customers choose Media Maestro because of the value it offers their organizations at a fraction of the cost of other rights and royalty vendors’ software and implementations.
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Acquisition, participations and royalties
- Create a library of rights by creating Rights In agreements which define all the rights you own for every asset or title
- Store financial clauses for Rights In contracts that contain information on shares due to royaltors
- Load revenue and cost transactions into Media Maestro to apply contract terms and calculate royalties due to all parties
- Generate statements according to agreed reporting frequencies
- Easily create complex business, rights, royalty and revenue-share models with Media Maestro’s comprehensive modeling tools
- Automate talent, guild and residual calculations
- Raise payments to your ledger
- Calculate expected royalty payment liabilities and book into your ledger for accrual accounting purposes
- Manage theatrical distribution operations
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Sales contracts and royalty auditing
- Sell rights to other companies and track royalties due, with automatic collision tests to ensure rights are available before Rights Out contracts can be issued
- Create budgets for sales and track performance by title or for an entire library
- Audit inbound royalties from Rights Out contracts against source data, to ensure licensees are reporting on schedule, accurately, and that you agree how they are applying the terms of the royalty or revenue share clause
- Manage accounts receivable and sales ledger data
- Generate invoices and revenue or billing entries to be posted to the corporate ledger
- Allocate cash receipts to invoices and maintain a debtors ledger including aged debtor reporting
- Improve servicing and manage inventory with the materials tracking fulfillment module
- Maintain company and contact database
- Keep a full audit trail of all changes to your data
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Analyze and increase content revenues
Content must be fully utilized and exploited across all available markets in order to ensure maximum value is being derived from your investment
- Track and analyze content revenues with Media Maestro’s centralized repository of rights and royalties information
- Make better strategic decisions with Media Maestro’s real-time reporting and complete integration with your financial system
- Identify content available to be exploited with Media Maestro’s availability reporting
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Drive down the costs of managing rights
Drive down overheads, avoid revenue/expense leakage, and increase compliance to regulatory and corporate policies and practices
- Improve inefficient processes with Media Maestro’s industry best-practice workflows and automation
- Increase automation between business systems with Maestro Data Gateway
- Support regulatory compliance processes with Media Maestro’s full audit trail
- Demonstrate rights contract compliance with Media Maestro’s automated checks for non-compliant exploitation/sales activity
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Innovate to capture new audiences, advertisers, and business partners
Support the business’ creativity when developing new revenue streams
- Adapt processes and systems quickly to support changing business needs with Media Maestro’s flexible data model and business rules
- Easily create complex business, rights, royalty and revenue-share models with Media Maestro’s modeling tools
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Reach new markets rapidly
Responding quickly to emerging industry trends means you can reach new markets via new distribution channels as they emerge
- Rapidly identify content which can be exploited in new markets with Media Maestro’s real-time availability reporting
- Support mergers and acquisitions by rapidly bringing new content libraries together for analysis in Media Maestro and determining exploitation opportunities
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Key Royalties Management features
- Intuitive royalty contract entry which follows the flow of the long-form contracts
- Complex royalty calculations made with simple user selections - no spreadsheet-style coding
- Timely, accurate and detailed royalty statements and payments
- Significant time savings and increased accuracy when calculating royalties using automated sales and transaction matching and royalty calculation routines
- Reduced risk of revenue or expense leakage from clerical or administrative errors
- Flexibility to implement new product types, rights dimensions, royalty and revenue share models
- Granular financial reporting on royalties, fully integrated with your ERP Financials package
- Robust and centralized repository for all rights and royalties information
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Key Rights and Contract Management Features
- Acquisition contract management - Create your library of acquired rights, provide access to all of your acquisition contracts, and maintain the database of companies and people with whom you work
- Sales contract management - Sell licenses for the rights owned in your content library and manage the contract lifecycle
- Contract Writing - Create and maintain a library of standard legal clauses and automate the drafting of contract documents
- Real-time availability browser - Utilize the suite of reports, including market and brochure style, and browser reports which sales teams can configure on the fly
- Budgeting and forecasting tools for sales management - Create a budget for sales and track performance, either on a title by title basis or for the whole library across a year
- Workflow and automation - Implement workflows designed to support your business process, allowing users to assign items to other users, and to track and progress contracts
- Materials Tracking - Track fulfillment of materials for contracts and improve your servicing with the Inventory management module
- Financials integration - Integrates seamlessly with all major financial software packages
- Intuitive user interface - Easy-to-use desktop client with rich functionality allows you to manipulate search results and export information in a variety of formats, including Excel
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