mprs provides a master royalty administration platform that combines industry expertise with proprietary technology to track, collect, and manage royalties for music producers and mixers. The platform ensures accurate royalty calculations, recovers missing payments, and maintains a definitive production discography, enabling creators to receive timely and precise compensation.
Funding
Funding not disclosed
Founders
Product
Problem
Music producers and mixers often face challenges in tracking, collecting, and managing their master royalties, leading to inaccurate payments and lost revenue. The complexity of royalty streams from various sources makes it difficult to ensure complete and timely compensation.
Solution
MPRS provides a master royalty administration platform designed to streamline the tracking, collection, and management of royalties for music producers, mixers, and catalog owners. The platform combines industry expertise with proprietary technology to ensure catalogs are complete and all master royalties are properly calculated and paid. MPRS offers continuous, real-time auditing of multiple projects, maintains a definitive production discography, and provides business intelligence to support negotiating strategy and catalog valuation. By collecting royalties and statements directly from each payor, analyzing royalty statements for accuracy, and providing accessible royalty statements and payments, MPRS aims to recover missing money and ensure creators are paid promptly and accurately.
Target Audience
The primary users are music producers, mixers, and catalog owners who need assistance with tracking, collecting, and managing their master royalties.
Features
- Continuous, real-time desktop auditing of multiple projects.
- Collection of royalties and statements directly from payors.
- Analysis of royalty statements for accuracy and comparison to contract terms.
- Reconciliation of royalty payments with historical statements.
- Maintenance of a definitive production discography.
- Creation and issuance of understandable royalty statements and payments.
- Online portal for accessible master royalty information.