One of the many challenges running a music library is calculating royalties for a roster of composers. These can comprise a mixture of publishing, MCPS, PPL and digital download revenues, typically delivered on a loooooonnnng CSV.
We were asked by one of our music library partners to help them calculate their quarterly MCPS payments for each of their composers and subsequently generate a statement if the total sum owed was over £50.
So, we wrote a solution. Our system imports their MCPS statement, calculates the amount owed and if the amount is less than £50 carries forward the sum to the next period. If a payment is due then a PDF is generated displaying the list of titles, the amount for each and the total due.
We can offer this service to other music libraries. Please contact us for details