This article explains the structure and purpose of LABEL / LICENSING in details.
► ROYALTIES VS LICENSING
In details, we clearly separate two business perspectives:
- ROYALTIES You license music from rights holders and pay them.
- LICENSING You license music to third parties and receive income.
Licensing therefore focuses on managing your licensees, the agreements with them, and the income generated from those agreements.
► WHERE TO FIND LICENSING
Go to LABEL / LICENSING.
The section is structured around:
- Licence Accounts your business partners (licensees)
- Licences the individual agreements
- Invoices financial execution of those agreements
Licensing in details is organized account-first: a Licence Account can contain multiple Licences and related Invoices.
► ASSET-BASED LICENSING
In V2, licences are no longer limited to individual tracks.
You can license:
- Single Tracks
- Entire Products
- Complete Releases
This allows you to handle:
- Sync deals
- Compilation placements
- Territory sub-licensing
- Project-based brand or campaign deals
Asset selection automatically connects the licensed repertoire with the relevant Royalty Accounts.
► HOW LICENSING CONNECTS TO ACCOUNTING & ROYALTIES
Licensing is not only contract management. It is a bridge between:
- Catalog (Tracks / Products / Releases)
- Accounting (Invoices & Payments)
- Royalty Accounting (Royalty Statements)
The basic flow is:
- Create a Licence
- Add Income
- Create an Invoice
- Mark the invoice as PAID
- The Payment Date determines the royalty period
- Income is distributed to the linked Royalty Accounts
► WORKFLOW & REPORTING
Each Licence includes:
- OVERVIEW deal setup and terms
- TASKS internal workflow management
- ASSETS licensed repertoire
- INCOME financial entries
Reporting is available via:
- Standard Excel Exports
- Plugins (custom SQL-based reports on request)
- Licence Reminders for overdue statements
Licensing in details is designed as a structured deal management system that connects legal agreements, financial execution, and royalty distribution in one workflow.
