Use cases:
Use Cases
Discover how Royalty Magic can streamline royalty management.
Independent Artists
Keep track of your royalty reporting from all sources.
As an independent artist, managing your career involves more than just creating great music — tracking your earnings is crucial. You've distributed your music through multiple platforms like DistroKid, Amuse, and Tunecore or others, but the raw royalty reports they provide are difficult to analyze and many platforms lack good quality analytics interfaces to make sense of the data. External services like Chartmetric are comprehensive, but rely on third party data and when it comes to actual streaming stats they can be inaccurate. In terms of actual royalties generated, only the royalty reports tell the truth.
Royalty Magic streamlines your royalty management by allowing you to upload all your royalty reports from any distributor or label into a single, unified platform. Once uploaded, you can organize and group your data, providing you with advanced, accurate analytics that reflect your actual streams and revenue. This detailed insight helps you understand exactly how your music is performing across all platforms, allowing you to make more informed decisions about your career, from where to focus promotion efforts to which platforms generate the most revenue. With Royalty Magic, you can confidently track your earnings, ensuring nothing slips through the cracks.
Centralized Management: All your royalty reports in one place.
Accurate Analytics: Get precise insights that reflect your true earnings.
Informed Decision-Making: Understand which platforms and strategies are most profitable.
Managers
Save time and and handle multiple artists' reports in one place.
As a manager, you juggle multiple artists, each with their own royalty reports coming from different sources like the major labels, AWAL, FUGA or others. Currently, managing these reports is a time-consuming task that requires you to manually import data into Excel or Google Sheets, clean it up, and organize it into something usable. This manual process not only consumes valuable time but also increases the risk of errors.
Royalty Magic helps you manage royalty reports for your artists and keeping an effortless overview of their monthly earnings. Instead of spending time on manual data entry and cleanup, you can now upload reports directly from all distributors and labels into the platform. The app allows you to group and organize the data, providing you with clean, accurate analytics for each artist. This allows you to manage multiple artists' royalty reports seamlessly in one place. With Royalty Magic, you can focus more on the work and less on administrative tasks, ensuring your artists and you are getting the most out of their revenue streams.
Efficient Management: Seamlessly handle multiple artists' reports in one place.
Time Savings: Automate the data entry and cleanup process.
Error Reduction: Minimize the risk of mistakes in financial reporting.
Labels and Services companies
Faster due diligence with streamlined data organisation and analytics.
When a label or service company considers signing a new artist or project, thorough due diligence is essential. This often involves requesting royalty reports from the artist or their team, sometimes spanning several months, to assess their historical earnings and earning potential, and make informed decisions about the signing. Manually collecting, organizing, and analyzing these reports can be a time-consuming task, delaying the decision-making process. Royalty Magic provides labels and service companies with a powerful tool for efficient due diligence.
When royalty reports are sent to you, your team can upload them directly into the app, where the data is can be grouped and analyzed. The automatic mapping function recognizes most report types from all the major distributors. This allows you to quickly assess an artist's earnings and performance across multiple distributors and platforms. The advanced analytics provided by Royalty Magic offer clear insights into the artist's financial potential, helping you and your team make better, faster decisions about new signings. By streamlining the due diligence process, Royalty Magic enables you to focus on identifying and nurturing talent rather than getting bogged down in paperwork.
Streamlined Due Diligence: Quickly assess earning potential with organized data.
Informed Decision-Making: Make better signing decisions based on accurate analytics.
Time Efficiency: Save valuable time in the assessment process.