Distribution & Payment calculation
Have you spent hours generating rules and running through Excel spreadsheets for calculating royalty and revenue? Ever thought of having an automated system to help you with precise royalty calculations and payment distribution to the various parties, including rights holders, artists, songwriters, publishers, and other stakeholders?
Noctil breaks down multiple rules & automates the royalty calculations with just one click.
Noctil aims to raise artist revenue and support organizations that serve them by enhancing metadata.
Accurate and organized metadata leads to an increase of 98% in royalty distribution accuracy, which can increase revenue significantly.
The software calculates the royalties owed to rights holders for various types of music usage.
These calculations are automated based on rules and the share-holding percentages among different parties.
Various types of music usage may have different royalty rates and payment structures.
The software applies the appropriate rates and rules to each usage scenario.
To ensure the accuracy of calculations, the system validates the incoming metadata and checks for discrepancies or errors that may affect royalty calculations.
We aim to help musicians produce more music. And a large part of it lies in enriching, organizing, and having complete metadata. Music rights societies, on behalf of Rightholders, can now claim accurately from all the sources of music consumption and achieve higher revenue.
Join us and help Musicians and Artists get fair pay and do what they love, produce more music!
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