Music

Today’s recorded music industry faces many challenges to the traditional business model. Changing product formats, modes of delivery and associated business rules are occurring with increasing frequency. Managing the cost of content production and tracking of artist and release contribution is essential for success.

Problem: Solution:
  • As content production becomes more complex and the parties involved in collaboration more widespread it is essential that budget controls are in place and cost overruns avoided.
  • The G3 Global solution includes best practice for project accounting and provides robust business controls together with complete visibility of actual, commitments and remaining budget availability.
  • The creation of content represents the major cost to Music businesses. This investment is the source of future revenues and contribution. An understanding of the performance of these investments is key to the evaluation of current and future investments.
  • G3MediaSuite includes the integration of all financial processes from Advance payments to eventual settlement of Royalties and Copyright.
  • The best practice reporting environment provides complete transparency of all transactions that affect the performance of the investment made in content creation and exploitation.
  • Master Data structures support the visibility of all media formats and the relationships between them. Performance reporting from the high level franchise down to the individual track or clip can be tracked.
  • The relationship with artists and their management companies is key to the ongoing collaboration in creating content. The business partners continually seek visibility of their earnings performance and expectations.
  • The G3 Global Solution Portfolio includes secure third party access to relevant business information. This can be made available by way of intuitive portals accessed via the web and displaying only that information which is appropriate to the partner.
  • This information can range from basic sales volumes and revenues through to detailed Royalty and Copyright statements as dictated by the relationship with the artist.