Coordinator, Licensing and Contracts at Universal Music Group

Santa Monica, California, United States

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Not SpecifiedCompensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Music, EntertainmentIndustries

Requirements

Demonstrated ability to interact effectively with clients and co-workers
Strong proficiency and working knowledge of Microsoft Windows/Outlook, Word, Excel
Excellent organizational and time management skills and extremely detail-oriented
Strong written and verbal communication and interpersonal skills to interact effectively with UMG employees at all levels
Highly self-motivated, accountable and resourceful with strong follow-through skills
Ability to work well and accurately under pressure in a fast-paced, high volume work environment and consistently meet deadlines
At least one year of prior film and TV licensing and/or entertainment paralegal and/or finance/royalty department experience
Some knowledge of contract language and structure, royalty administration and accounts receivables

Responsibilities

Provide support for the UMe Contract Administration team
Develop relationships with clients, business affairs and finance through internal and external communication
Enter relevant deal information into the Film & TV database, as applicable
Researching and allocating payments
Oversee weekly deposits
Manage collections deadlines and handle daily accounts receivables (lockbox, Wires, ACH, intercompany transfers)
Liaise with internal Business Affairs, labels, and Finance departments
Collaborate with Contract Administration team’s execution of licenses
Communicate effectively with clients and answer client queries regarding invoices and licenses

Skills

Contract Administration

Royalty Administration

Accounts Receivables

Microsoft Excel

Microsoft Word

Microsoft Outlook

Organizational Skills

Time Management

Communication Skills

Interpersonal Skills

Database Management

Payment Allocation

Collections

Client Communication

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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