The event, held at the UMPG offices in New York and hosted by David Renzer, Chairman & CEO, Universal Music Publishing Group and David Mantel, Executive Vice President, East Coast, Creative, UMPG included a pre-launch demonstration of the new royalty system. Over fifty music executives, songwriters, producers, managers, attorneys, representatives of NARAS, BMI, ASCAP, and SESAC were in attendance to explore the many capabilities of the new royalty portal.
David Renzer, Chairman & CEO, Universal Music Publishing Group, commented, As the world's leading publisher, UMPG is pleased to be the 'first mover' in providing our clients access to their royalty and copyright information in a secure, online environment. The flexibility and transparency that the RoyaltyWindow.com system allows will be unprecedented for our industry, and set a new standard of service to our important clients."
Through the RoyaltyWindow.com system, UMPG clients can track royalties, statements, and payments through a dedicated, secure online web portal. UMPG has developed the automated, proficient administration services portal using the latest technology, supported by secure systems. UMPG songwriters/clients can find and manage information by time period, song, and territory. In addition, they may view and sort royalty information; download and save statements to their computer; update contact details; retrieve song information; find answers to frequently asked questions; and easily access helpful industry links.
UMPG clients will benefit from the following features of Royalty Window:
Efficient, easy-to-use interface supported by robust security systems;
Download and save statements in spreadsheet compatible and money management compatible formats;
Sort by income type, source of income, and further analyze by viewing line-by-line items within each group;
Quickly access easy-to-read charts and graphs to illustrate and track income history;
Convenient self-delivery and pick-up of royalty statements;
Client select feature for business managers or attorneys that have a number of deals with UMPG;
Powerful search functionality by writer, song title, and key word;
As UMPG strives to reduce their carbon footprint, clients can now elect to receive paperless statements, to ease statement transmittal in an environmentally favourable manner.
The company plans to host a demo in Los Angeles on June 25. UMPG's global pilot of Royalty Window has been underway for some time with clients in territories as diverse as U.S., UK, Germany, Scandinavia, Brazil, and Australia. Results have been extremely encouraging and the launch to UMPG's client base is expected for later in Fall 2008.
About Universal Music Publishing Group
Universal Music Publishing Group (UMPG) is the industry's leading global music publishing operation and is part of Universal Music Group. UMPG represents music in every genre from many of the world's top songwriters and catalogs including U2, Elton John, Bernie Taupin, 50 Cent, Mariah Carey, R. Kelly, Coldplay, Nelly, Juan Gabriel, Ciara, Dave Grohl, Prince, Justin Timberlake, Maroon 5, Britney Spears, Mary J. Blige, Beastie Boys, The Clash, The Sex Pistols, Gloria and Emilio Estefan, Paul Simon, Henry Mancini, Christina Aguilera and Linkin Park, among many others. UMPG is also a global leader in the areas of Production Music, Christian and Classical Music. For more information, visit: www.umusicpub.com.
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