What is the aim of Royalty Reporting Profile?
The aim of the Royalty Reporting Profile is to provide a standardised mechanism for licensees to report to rights controllers royalties based on usages of musical Releases that took place in countries where there is a direct contractual relationship between Message Sender and Message Recipient.
The Royalty Reporting Profile is not intended to be used for “notices of intent” or “statutory rate” type of usages which (specifically in the case of streaming royalties) require a different data set to work out the royalty.
What business models does it encompass?
The format allows communicating
- Reporting of Release based Royalties
- Reporting of Resource based Royalties
- Reporting of User-generated content based Royalties
How is a report built?
Each message consists of: