Frequently Asked Questions
What is Penny Royalty, and who is it for?
Penny Royalty is a cloud-based royalty accounting and catalog management platform built for music publishers, labels, and independent artists. It centralizes catalog data, writer splits, royalty imports, statements, and payments into a single, streamlined system.
What problems does Penny Royalty solve?
Penny Royalty replaces spreadsheets and manual workflows with a structured system for managing catalogs, tracking royalties, calculating writer splits, and generating statements—saving time and reducing errors.
Is Penny Royalty suitable for small catalogs or independent artists?
Yes. Penny Royalty is designed to scale—from small catalogs to large, multi-writer catalogs—without changing your workflow.
What kind of royalty statements can I upload?
Royalty data is uploaded using our standardized CSV format. You can also select a supported client from the dropdown menu (such as AdRev or DashGo) to apply preset formatting. Optional fields like Income Type and Country can be included directly in the file or selected during upload on the Royalties page.
How are royalties calculated for payees?
Royalties are calculated using net earnings, payee share percentages, and deal splits. When applicable, currency exchange rates are applied using high-precision calculations to ensure accurate results.
What happens if a royalty doesn't match a catalog track?
Any unmatched tracks are flagged during the preview step before confirmation. You’ll be able to manually assign the correct ISRC or track title so nothing is processed incorrectly.
Can I import existing writer / payee balances?
Yes, and we recommend doing this when you first get started. You can upload a CSV of existing writer balances so Penny Royalty reflects accurate starting amounts from day one.
Do I need to migrate my entire catalog to get value?
No. You can start with a single catalog or statement and expand over time. Penny Royalty is designed to grow with your workflow.
How long does it take to get set up?
Most users can upload their catalog and first royalty statement in under an hour. Our preview and validation tools help ensure everything is correct before processing.
Can I email royalty statements to payees?
Yes. After processing royalties, you can generate branded PDF statements and email them directly to each payee using your custom templates. Payee email addresses can be added individually or uploaded in bulk from the Writers / Payees page.
Can I pay the payees directly from this platform?
Direct payments are not currently processed within the platform. However, you can export a payment CSV that can be uploaded to PayPal or other payment systems to streamline payouts.
Is my data secure?
Yes. Penny Royalty uses secure authentication, SSL encryption, and strict access controls to protect your catalog, royalty, and writer / payee data.
What kind of support do you provide?
We provide hands-on support for CSV formatting, royalty processing, setup questions, and technical issues. You can reach us anytime through the Contact page.
What’s the best way to get started?
The best way to get started is to request a demo or upload your first royalty statement. We’ll help you validate your data and get up and running quickly.
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