Analyst, Catalog Artists Royalties

Job Description

Job Title: Analyst, Catalog Artists Royalties

A little bit about our team:

The US Shared Services Reporting Department is responsible for managing all the reporting obligations of WMG's US record labels (including those operated by the Atlantic Records, Rhino Entertainment, Warner Bros. Records, and Warner Music Nashville) to recording artists, producers, writers and publishers, labor unions, and other external payees. The Department's services include the following:
• Calculating and paying royalties to recording artists, producers, and other third parties;
• Calculating the net profits earned by joint ventures between WMG's record labels and external parties and then paying those external parties their contractual shares of such profits;
• Calculating and paying mechanical royalties to songwriters and/or their publishers and administrators; and
• Calculating and paying monies due to labor unions pursuant to the terms of the collective bargaining agreements between such unions and the applicable WMG record labels that are signatories to those agreements.

Members of the Department work closely with employees in the Business Affairs, Finance, Production, Operations, New Media, and Marketing departments of each label client to fulfill the above-referenced responsibilities for the recordings and record those labels release.

Your role:

This position will be responsible for entering and maintaining record royalty rates for the applicable royalty recipient in the various record royalty systems that WMG utilizes and processing record royalty statements for the Group's record label clients.

Here you'll get to:
• Create and maintain royalty accounts information for royalty recipients in WMG's artist royalty system, including updating the recipient's contact information and tax identification numbers as needed;
• Review and analyze recording agreements, producer agreements and other similar agreements (and any corresponding deal summaries or deal memos) for the purpose of identifying and summarizing the applicable royalty rates, related terms and payee information for a given record or recording;
• Provide the Income Tracking Team in the Revenue Assurance Group with direction regarding the contractual terms to be applied to third party licensing income, to ensure that royalty recipients are paid properly with respect to third party licenses.
• Provide the Royalty Audit Team with account information related to past royalty statements.
• Link individual record products to the applicable contractual terms as they have been set-up in WMG's artist royalty system in a timely manner;
• Perform and review adjustments to existing royalty rate set-ups, as needed;
• Process and review quarterly and monthly artist royalty statements to ensure the accuracy of both the royalty rates applied and the underlying earnings on which royalties are being paid;
• Ensure that artist royalty statements are issued in a timely manner;
• Work with the Legal team to resolve internal/external inquiries and update vendor information.
• Assist with WMG's monthly, quarterly and annual financial close processes as needed by responding to information requests from WMG's Corporate and Royalty Finance Departments and the Finance Departments of WMG's US Record Labels;
• Perform any other duties and tasks related to the role and responsibilities that might be assigned by the Team's senior management from time to time;

About you:
• 0 to 2 years' experience working in a position or positions involving the administration of artist royalties
• Bachelor's degree required
• Work well independently and as part of a team;
• Possess excellent verbal and written communication skills;
• Possess excellent analytical, mathematical and organizational skills;
• Meets deadlines consistently and effectively while working under pressure;
• Ability to manage multiple assignments at any given time and prioritize them effectively and appropriately; and
• Strong computer skills, including strong data entry skills (with an emphasis on accuracy) and strong proficiency using Microsoft Office's Excel, Word and PowerPoint applications; familiarity with Microsoft Office's Access application is preferred, but not required.

We'd love it if you also had:
• Prepared to work overtime toward the end of each quarterly royalty statement cycle;
• Prepared to schedule vacation days at times that will not conflict with these deadlines, so that their absences do not interfere with their ability to meet royalty statement deadlines.

#LI-Remote

Salary Range
$24.00 to $26.00 Hourly

Salary ranges are included for job postings where required by law. The actual base pay is dependent upon many factors, such as work experience and business needs. The pay range is subject to change at any time dependent on a variety of internal and external factors.

Links to relevant documents:

2024 Benefits At A Glance final.pdf

EVerify Participation Poster.pdf

Right To Work - English.pdf

Right to Work - Spanish.pdf

Jobcode: Reference SBJ-re0x05-216-73-216-84-42 in your application.