Analyst, Global Royalty at Universal Music Group

Franklin, Tennessee, United States

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Not SpecifiedCompensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Music Publishing, EntertainmentIndustries

Requirements

Must be a collaborative team member able to work with leadership and colleagues
Excellent written and verbal communication skills; comfortable with communication platforms such as Zoom and Slack
Ability to meet deadlines while working in a fast-paced environment
Ability to stay organized while multitasking and adjusting to changing priorities
Comfortable working with numerical data, strong attention to detail, and analytical/problem-solving skills
Act as a self-starter in proactively finding solutions and aiding the team
Ability to work in a bespoke systems landscape
Advanced in Microsoft Excel, Word, Outlook, and text editors
1-3 years of work experience or prior internship experience in music business royalty administration is strongly preferred
Experience with business intelligence tools such as DOMO, Tableau, and Power BI a plus
Bachelor’s degree in the areas of Music Business, Business Administration, or Accounting is preferred

Responsibilities

Ownership and responsibility of assigned territories and projects as part of the Global Royalty team
Maintain a strong knowledge base of assigned territories and projects, including usage understanding, payment schedule, statement layout details, and unique processing steps
Ensure consistency in defining and maintaining a high standard for global administration as a representative in UMPG’s Global system
Prepare and review royalty statement reconciliations to ensure accurate reporting to songwriters
Support UMPG’s royalty process with royalty statement processing in an accurate and timely manner and in accordance with company controls
Assist with UMPG Tech development including testing and source interface implementation
Provide reporting on information from UMPG systems for management or affiliates
Maintain strong relationships with local office affiliates and global admin colleagues, collaborating and supporting as needed
Ad hoc projects and responsibilities as required in response to changing business requirements
Overtime as required

Skills

Royalty Reconciliation

Royalty Statements

Statement Processing

System Testing

Interface Implementation

Data Reporting

Global Administration

Universal Music Group

Global music recording, publishing, and distribution

About Universal Music Group

Universal Music Group (UMG) operates as a major player in the global music industry, engaging in recording, publishing, and distribution across over 60 countries. The company works with a wide range of clients, from famous artists like Elton John and Taylor Swift to new and independent musicians. UMG's operations include selling physical and digital music, streaming services, licensing music for various media, and organizing live performances. The company signs artists to contracts, produces their music, and manages their publishing rights, while also offering marketing and promotional services to help artists expand their reach. UMG generates revenue through multiple channels, including music sales, streaming subscriptions, licensing fees, live performances, and merchandise. This diverse approach allows UMG to maintain its leadership position in the music market by providing comprehensive support to artists and capitalizing on various revenue opportunities.

Santa Monica, CaliforniaHeadquarters

1934Year Founded

$3,890.9MTotal Funding

IPOCompany Stage

Consumer Goods, EntertainmentIndustries

10,001+Employees

Benefits

Competitive Salary

401k

Flexible PTO

Medical, dental, visiion insurance

Student Loan Repayment Assistance & Tuition Reimbursement

Well-Being Allowance

Risks

Legal battle with Drake over 'pay-for-play' could harm UMG's reputation.

Downtown Music acquisition may face regulatory scrutiny, delaying expansion plans.

AI partnership with Amazon may not fully address evolving AI content challenges.

Differentiation

UMG leads the music industry with a diverse global presence in 60+ countries.

UMG's artist-centric streaming model enhances engagement and revenue for musicians.

UMG's strategic partnerships, like with Amazon, bolster innovation and content protection.

Upsides

UMG's acquisition of Downtown Music boosts its independent music sector presence.

Partnership with KLAY Vision positions UMG as a leader in AI-driven music innovation.

Collaboration with WPP enhances UMG's marketing capabilities and global reach.

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