Mastering Royalties: A Guide for Indie Labels with Infinite Catalog
Join Scott on Other Record Labels as he delves into the intricate world of record label royalties with Hunter Giles of Infinite Catalog, a cutting-edge royalty management software platform tailored for indie record labels.
In this insightful interview, Hunter shares his unlikely journey into the industry, emphasizing the importance of a genuine passion for music combined with a unique advantage.
Discover the pitfalls of not having an effective royalty accounting solution – from wasted time and money on outdated tools to the stress of uncertain cash flow. Late, confusing, and inaccurate statements not only jeopardize your financial clarity but erode the trust artists and collaborators have in your label's growth potential.
Hunter and Scott explore the transformative benefits of adopting a robust royalty management process, allowing label owners to invest more time and money into growth initiatives, plan releases strategically, and attract new talent to expand their catalog.
For label owners aspiring to start the new year on the right foot, the discussion shifts to practical steps. Learn about essential elements like sources, contracts/payees, and starting balances, laying the foundation for effective royalty management. The episode wraps up with a concrete plan of action, leaving listeners equipped to navigate the complexities of royalties.
Whether you're a new label or resolving to enhance your royalty management, this episode provides the guidance you need.
Presented by Infinite Catalog http://infinitecatalog.com/otherrecordlabels
More Record Label Royalty Resources: http://otherrecordlabels.com/royalties