Manager, Artist Royalties

California, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Music, EntertainmentIndustries

Requirements

Candidates must have a minimum of 3 years of experience in a similar role at a recorded music company and a four-year college degree in Business, Accounting, or Finance, or equivalent work experience. Proficiency in reading and interpreting artist contracts and statements, along with advanced Microsoft Excel skills, is essential. The ideal candidate will be detail-oriented, a good decision-maker, self-motivated, possess excellent communication skills, and have a working knowledge of royalty accounting systems.

Responsibilities

The Artist Royalty Manager will maintain royalty processes for artist, producer, and sound recording participant accountings, ensuring accurate reporting in accordance with contracts and licenses. Responsibilities include analyzing artist contracts, entering royalty terms into the system, ensuring compliance with internal controls, performing expense and recoupment analysis, making system corrections, managing period-end tasks and payout reports, and serving as a point of contact for artist royalty clients. The role also involves managing vendor setups and royalty payments, and coordinating special projects.

Skills

Royalty accounting

Contract analysis

Music industry

Data entry

Reporting

Financial analysis

Vendor management

System corrections

Payout reports

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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