Royalties

Royalties are a specialized field with numerous complexities, and we assist clients in navigating these intricacies as smoothly as possible, ensuring they receive the full income they are entitled to.

Simplified Royalty Management for Creatives

We oversee all facets of royalty management for a wide range of music and entertainment clients, both emerging and established, while also conducting royalty audits and evaluating music copyrights.

 

From songwriters and artists to independent record labels, publishers, actors, and producers, we have extensive experience in handling complex royalty revenue streams for clients in the UK and abroad. It’s especially fulfilling to assist lesser-known clients in advancing their careers and gaining recognition for their unique contributions.

 

Whether dealing with royalties from physical and digital sales (streaming/downloads), neighboring rights, synchronization for recorded music, or publishing royalties from public performances, mechanicals, or print, we ensure that all outstanding royalty income is accurately accounted for. We also coordinate with international revenue agencies regarding withholding tax and provide support in specialized areas of royalty taxation

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The growth in overall digital music revenues in 2023.
IFPI Global Music Report 2024

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The total value of the global music market in 2023.
IFPI Global Music Report 2024

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The increase in live music revenues globally in 2023. IFPI Global Music Report 2024

Services We Offer:

Royalty Accounting

Much of our work focuses on representing artists and independent record labels. Whether establishing a label from the ground up for artist royalty distribution or stepping in as a client’s operations grow, we ensure that every royalty run complies with all legal and contractual obligations.

We possess extensive expertise in interpreting royalty contracts and collaborate with renowned music lawyers to navigate various record deal structures, including Published Price Dealers (PPD), net receipts, and 360 deals, among others. Our services also extend to independent publishing companies, self-releasing artists, and distributors, ensuring effective royalty distribution across the board.

Certificate of Residency for Foreign Royalties

We provide support to clients in obtaining a Certificate of Residency, a crucial document for claiming foreign royalties without incurring international withholding tax deductions. This certificate verifies a business’s tax residency in its home country, which is essential for leveraging double taxation treaties between countries.

By securing this documentation, clients can significantly reduce their tax liabilities on royalties received from foreign sources. Our team guides clients through the application process, ensuring all necessary information is accurately provided and that they meet the requirements set forth by the relevant tax authorities.

This assistance not only helps our clients maximize their royalty income but also simplifies the navigation of complex international tax regulations, allowing them to focus on their core business activities.

The Importance of Royalties in the Creative Industry

Royalties play a crucial role in the creative industry, serving as a primary income source for artists and creators. These payments are typically made based on the use or distribution of intellectual property, such as music, films, or written works. In 2023, the global music industry experienced a significant increase in royalty revenues, with streaming services accounting for a large portion of this growth, highlighting the importance of effective royalty management in ensuring that creators receive fair compensation for their work.

Stephen Marks

Partner

Danny Fletcher

Director

Jai Vora

Partner

Grant Court

Partner

Forging long-term relationships of total trust

The size of SRLV keeps client service partner-led and personalised. Each client has their own particular needs and challenges, so we shape the strongest team for them, with the right match of industry knowledge, technical expertise and personalities. We become integral to the day to day running, decision-making and strategic direction of their businesses. This is how we forge long-term relationships of total trust.

Related Services

We offer a highly personalised service which puts our creative artists and music businesses at the very centre, from tour accounting, business management and withholding taxes, to niche industry areas and specialist advice.

Get in touch

“Got a financial question, curious about our services, or thinking about joining the tribe? Whatever it is, don’t be shy—drop us a line! We’re all ears and ready to chat. Let’s connect!”