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label finances

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How to Set Up Label Accounting and Royalty Payments
Record Label Business14 min read

How to Set Up Label Accounting and Royalty Payments

If you cannot tell an artist exactly where their money is, how much you have spent on their project, and what they owe you, you are not running a label. You are running a liability. Here is how to build the accounting system that keeps your label out of trouble.

Tools 4 Music Staff•Jul 26, 2026

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Nettwerk Music Group

Nettwerk Music Group is a Vancouver-based independent music company founded in 1984 that operates a record label, publishing division, artist management, and a dedicated sync licensing department called Nettwerk One. The company represents artists like Sarah McLachlan, Passenger, Paris Paloma, and SYML for sync placements across film, television, trailers, advertising, and video games. In 2026, Create Music Group invested over $300 million to support a management buyout led by CEO Terry McBride.

Position Music

Position Music is an independent music publishing, record label, and artist management company founded in 1999 in Los Angeles by Tyler Bacon. Specializes in sync licensing for trailers, film, TV, video games, and advertising. Operates five departments: Synchronization and Licensing, A&R, Administration, Label Services, and Artist Management. Places music across thousands of ad campaigns, trailers, and productions.

Riptide Music Group

Riptide Music Group is a Los Angeles-based creative music company founded in 2000, providing sync licensing, music publishing, publishing administration, and digital label services. Has generated over $60 million in licensing fees for independent artists through placements in TV, film, trailers, advertising, and video games.