Run your music royalties, catalogs, and payments in one system.
Penny Royalty is a cloud-based music royalty accounting software and catalog management system for music publishers, labels, and rights holders. Centralize royalty processing, catalog metadata, statements, and payments in a single source of truth.
"Royalty processing used to consume 8–10 days every quarter. Penny Royalty cut that down to 2 days and freed us up to focus on the business instead of spreadsheets."
— Mitch Lijewski, Atomic Overture
Benefits and Features
Upload Royalty Statements in Their Original Format
You can upload royalty statements exactly as you receive them. There's no reformatting, no copy-and-paste, and no manual spreadsheet cleanup. Whether your statements come from DSPs, distributors, PROs, or sub-publishers, you can upload the original files and let Penny Royalty handle the rest.
Set Up Multiple Agreements by Royalty Source
Penny Royalty lets you create multiple agreements (admin splits) and apply them across any royalty source, i.e., Spotify, YouTube, ASCAP, AdRev, or any custom source you create. You can set catalog-wide defaults per source, and also override them track-by-track when a specific deal applies.
Process Royalties
Upload, preview, and confirm royalty statements with ease. Penny Royalty supports bulk CSV and XLSX files and can safely process hundreds of thousands of rows. You can also record single sync fees, demo fees, or blanket licenses, all calculated with 7-decimal precision.
Create Professional Royalty Statements
Generate branded PDF statements with custom periods and export/email options. Fast and polished.
Send Statements via Email
Email royalty statements using your custom template. Attachments, tracking, and organization handled for you.
Track & Record Payments
Log payments to writers and keep balances up to date, including PayPal, check, wire, and more.
Manage Multiple Writers and Payees With Ease
Group statements by writer, process in bulk, and export all in one go. Built for publishers and catalogs.
Bulk Edit Track Metadata
Select one or multiple tracks and edit metadata in a single action. You can update track titles, ISRCs, writers, payees, publishers, sub-publishers, agreements, and many more. Apply changes safely across your catalog without repetitive manual edits.
CRM
Centralize contacts, productions, and reminders. Link people to shows/roles, log interactions, and set “next outreach” dates.
Task Manager
Stay on top of work with a clean task list, priorities, and one-click “done.” Set repeats and get reminded on time.
Invoices and Quotes
Create professional invoices and quotes for syncs, customs, and licensing deals. Stay organized and get paid faster.
Writer Dashboard
Give writers a portal to view statements, track trends, and monitor balances, all in one secure dashboard.
Getting Started
- Upload your music catalog. This will also generate your writer roster.
- Review and adjust deal splits on the View Writers page.
- Import any existing writer balances.
- Upload your royalty statements.
- Process your statements to update writer balances. Then, issue payments and generate custom PDF statements.
Frequently Asked Questions
Try Penny Royalty today
Start using all features instantly