Hurewitz

And Company

COMPLIANCE AUDITORS

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Auditors are more necessary with technological changes in royalty & participation accounting

Auditors are more necessary with technological changes in royalty & participation accounting

Crash Course Part IV: The Gold Standard of Royalty Audits—Ongoing Income Recovery

Crash Course Part IV: The Gold Standard of Royalty Audits—Ongoing Income Recovery

Crash Course Part III: “Desk-Forensic Audit” vs. Normal Audit

Crash Course Part III: “Desk-Forensic Audit” vs. Normal Audit

Crash Course Part II: Tips and Common Mistakes to Avoid

Crash Course Part II: Tips and Common Mistakes to Avoid

Crash Course Part I: Underpayments and What to be Aware of

Crash Course Part I: Underpayments and What to be Aware of

The Impact of Media Streaming and Downloading

The Impact of Media Streaming and Downloading

The Impact of Media Streaming and Downloading

The Impact of Media Streaming and Downloading

There’s no doubt that audio and video streaming has increased significantly within the past few years. Globally, the recorded music market alone grew by 6 percent in 2016, according to IFPI’s Global Music Report. Much of this growth can be attributed to streaming, which saw a 60 percent increase in revenue, and now accounts for more than half of the revenue streams within the recording industry. According to Nielsen, music consumption levels are at an all-time high and have b

What is a royalty and profit participation? And why should I want a royalty audit or profit particip

What is a royalty and profit participation? And why should I want a royalty audit or profit particip

In the music industry, bands, songwriters and music publishers get paid a sum of money upfront along with a royalty for every sale. For example, for every stream and download, they will get a variable amount of money that is calculated in a complicated way. In the film and TV industry, the concept is similar, but it's not called a royalty but rather a profit participation. This is a share of the "profit" that the movie generates. Likewise, in other industries, typically peopl

Pro Tip: How to ensure you are getting what you're entitled to

Pro Tip: How to ensure you are getting what you're entitled to

Q. What can potential clients do to catch miscalculations? A. Outside of hiring a professional, there are always things that can help ensure that a client is getting what he or she deserves. First, having a good team is helpful—having a good attorney, for example. If the client is a person that can afford these representatives, having a good business manager and good agent is a big help. If you yourself are not going to look at the payments or statements that come in quarterl

Interview with the President: Matt Hurewitz

Interview with the President: Matt Hurewitz

Q: What got you interested in royalties and participation audits? A: I got into it because my dad is an entertainment attorney. And I went into accounting and he suggested, "You should check out this niche of accounting. It's called royalty accounting or participation auditing. Check it out, you might like it." And I did, and I liked it. It's been more than 25 years now that I've been doing it, and I still like it. Q: What is the most rewarding part of your job? A: It's kind