CMRRA royalty statements have changed! Beginning with the March 2016 quarterly distribution, all statements generated by CMRRA’s new LDS system will be in our new, enhanced, electronic format. This new standard statement format will be useful to a broader range of users, meeting the needs of all our clients. We have reached out to many of you to consult on the format, structure and content of a revised statement, and appreciate the feedback that has been provided.
CMRRA’s new electronic royalty statement format is a flat CSV (comma separated variable) file format that can be opened in Excel or any other spreadsheet software. The field layout of this new format will allow for the consolidation of your royalty data across various payment sources each quarter, enabling CMRRA to provide you with a single file of royalty data for each area of licensing/royalty collection. For example, where you have previously received mechanical royalty data in separate files related to each individual record label, we will be able to combine all of these details into one file that you can easily sort and filter as a spreadsheet, or import into your standard or custom software package for processing.
Two royalty statement file options will be available to you based on the amount of data you wish to include in the resulting file:
- The Consolidated file option summarizes the activity based on unique work numbers, thus rolling up all of the details to provide summary figures at a work level.
- The Extended file option contains all product level and transactional details. This file will provide you with much more extensive data, as would typically be required for income tracking purposes.
In addition to the new CSV statement format, we have added a variety of new summary reports. The new Payment Summary report will assist with balancing your statements and payments, providing you with detailed breakdowns of your payments, including commission calculations and exchange rate and tax deductions, where applicable. Additional reports will provide high level analysis on various metrics, such as Publisher and Work totals across the various lines of business where royalties are being reported.
File and Report Access
The View Statements option, when logged in to CMRRA Direct, will provide you with a list of available royalty statements and reports that you can view or download. Each of these items is compiled through an on demand process when selected by the user. As such, you can re-run these reports at any point in time to access the data. However, we strongly recommend that you download and save copies of the files for your own processing and record keeping.
CMRRA’s new royalty statement files will not be accessible via any other means. If you are accustomed to receiving your files via FTP or email, please note that these processes will be discontinued shortly. As such, if you have not done so already, it is important that you register an account on CMRRA Direct to retrieve your royalty statement files going forward. This is part of CMRRA’s efforts to offer more efficient “self-serve” services to our clients over the CMRRA Direct portal.
At the link below, find some frequently asked questions to help guide you through your statements and how to access them using the new CMRRA Direct.
Go back to My CMRRA Direct Royalty Statements