Music
What the catalogue earned on each of its two copyrights, who is paid on each recording, which chain has reported furthest behind, what arrived against an identifier nobody recognises, and where each artist stands against an advance.
What the catalogue earned on each of its two copyrights, who is paid on each recording, which chain has reported furthest behind, what arrived against an identifier nobody recognises, and where each artist stands against an advance.
Sixteen Frames Music. The two copyrights are never added together: they are different assets with different owners, collected through different chains.
Sixteen Frames Music. The two copyrights are never added together: they are different assets with different owners, collected through different chains.
Two copyrights, two chains
Net of withholdingThe recording and the composition are separate rights, collected by separate bodies on separate clocks. They are never added together here. Each is shown as the sources reported it, less the tax they withheld before paying.
The recording and the composition are separate rights, collected by separate bodies on separate clocks. They are never added together here. Each is shown as the sources reported it, less the tax they withheld before paying.
| Copyright | Lines | Reported | Withheld | Received | Currency |
|---|---|---|---|---|---|
| RecordingThe copyright in the master recording. Collected from platforms and distributors, and paid to whoever owns the master. | 300 | INR | |||
| CompositionThe copyright in the song itself — the melody and the words. Collected through publishers and collecting societies, and paid to the writers and their publisher. | — | — | — | — | — |
The royalty statements of Sixteen Frames Music, read from Tally Prime. They are the only record that says which copyright a receipt belongs to, so no row here is added to another: the two are different assets with different owners. No line has been restated by a later statement.
The royalty statements of Sixteen Frames Music, read from Tally Prime. They are the only record that says which copyright a receipt belongs to, so no row here is added to another: the two are different assets with different owners. No line has been restated by a later statement.
Unmatched receipts
Held, not allocatedMoney that arrived against an identifier the catalogue does not recognise. It is held rather than allocated: allocating it to the nearest plausible recording is how one artist ends up paid another’s royalties.
Money that arrived against an identifier the catalogue does not recognise. It is held rather than allocated: allocating it to the nearest plausible recording is how one artist ends up paid another’s royalties.
Every statement line matched a recording in the catalogue.
Nothing is sitting in the holding pool. That is the finding.
How far behind each source has reported
DaysThe register records the period a statement covers, not the day it arrived, so the delay between issue and receipt cannot be measured and is not guessed at. What is measured is the period each source has reported through — and the two copyrights are shown separately, because they run on different clocks.
The register records the period a statement covers, not the day it arrived, so the delay between issue and receipt cannot be measured and is not guessed at. What is measured is the period each source has reported through — and the two copyrights are shown separately, because they run on different clocks.
No statement line carries a period end, so how far behind each source has reported cannot be measured.
A statement states the period it covers. Until one is loaded with that period, the reporting chain cannot be timed, and a guessed lag is worse than none.
Who is paid on each recording
Share of each copyrightEach recording carries two sets of payees, one for each copyright, and they are rarely the same people. The catalogue holds 120 compositions and 120 recordings, kept in two registers because they are two copyrights.
Each recording carries two sets of payees, one for each copyright, and they are rarely the same people. The catalogue holds 120 compositions and 120 recordings, kept in two registers because they are two copyrights.
| Recording and payee | Copyright | Share% | Agreement |
|---|---|---|---|
| Ormakal 47 | Recording | 75.0 | |
| Label | 50.0 | documented | |
| Lead vocalist | 10.0 | documented | |
| Distributor | 6.0 | documented | |
| Featured vocalist | 5.0 | documented | |
| Producer and mix | 4.0 | documented | |
| Composition | 25.0 | ||
| Composer | 18.0 | documented | |
| Lyricist | 7.0 | documented | |
| Vidaparayum 39 | Recording | 75.0 | |
| Label | 50.0 | documented | |
| Lead vocalist | 10.0 | documented | |
| Distributor | 6.0 | documented | |
| Featured vocalist | 5.0 | documented | |
| Producer and mix | 4.0 | documented | |
| Composition | 25.0 | ||
| Composer | 18.0 | documented | |
| Lyricist | 7.0 | documented | |
| Kadal Paatu 28 | Recording | 75.0 | |
| Label | 50.0 | documented | |
| Lead vocalist | 10.0 | documented | |
| Distributor | 6.0 | documented | |
| Featured vocalist | 5.0 | documented | |
| Producer and mix | 4.0 | documented | |
| Composition | 25.0 | ||
| Composer | 18.0 | documented | |
| Lyricist | 7.0 | documented | |
| Ormakal 67 | Recording | 75.0 | |
| Label | 50.0 | documented | |
| Lead vocalist | 10.0 | documented | |
| Distributor | 6.0 | documented | |
| Featured vocalist | 5.0 | documented | |
| Producer and mix | 4.0 | documented | |
| Composition | 25.0 | ||
| Composer | 18.0 | documented | |
| Lyricist | 7.0 | documented | |
| Ponnonam 114 | Recording | 75.0 | |
| Label | 50.0 | documented | |
| Lead vocalist | 10.0 | documented | |
| Distributor | 6.0 | documented | |
| Featured vocalist | 5.0 | documented | |
| Producer and mix | 4.0 | documented | |
| Composition | 25.0 | ||
| Composer | 18.0 | documented | |
| Lyricist | 7.0 | documented | |
| Mazhaveyil 50 | Recording | 75.0 | |
| Label | 50.0 | documented | |
| Lead vocalist | 10.0 | documented | |
| Distributor | 6.0 | documented | |
| Featured vocalist | 5.0 | documented | |
| Producer and mix | 4.0 | documented | |
| Composition | 25.0 | ||
| Composer | 18.0 | documented | |
| Lyricist | 7.0 | documented | |
| Ormakal 17 | Recording | 75.0 | |
| Label | 50.0 | documented | |
| Lead vocalist | 10.0 | documented | |
| Distributor | 6.0 | documented | |
| Featured vocalist | 5.0 | documented | |
| Producer and mix | 4.0 | documented | |
| Composition | 25.0 | ||
| Composer | 18.0 | documented | |
| Lyricist | 7.0 | documented | |
| Kaattu Katha 53 | Recording | 75.0 | |
| Label | 50.0 | documented | |
| Lead vocalist | 10.0 | documented | |
| Distributor | 6.0 | documented | |
| Featured vocalist | 5.0 | documented | |
| Producer and mix | 4.0 | documented | |
| Composition | 25.0 | ||
| Composer | 18.0 | documented | |
| Lyricist | 7.0 | documented | |
| Mazhaveyil 60 | Recording | 75.0 | |
| Label | 50.0 | documented | |
| Lead vocalist | 10.0 | documented | |
| Distributor | 6.0 | documented | |
| Featured vocalist | 5.0 | documented | |
| Producer and mix | 4.0 | documented | |
| Composition | 25.0 | ||
| Composer | 18.0 | documented | |
| Lyricist | 7.0 | documented | |
| Thirike Vaa 22 | Recording | 75.0 | |
| Label | 50.0 | documented | |
| Lead vocalist | 10.0 | documented | |
| Distributor | 6.0 | documented | |
| Featured vocalist | 5.0 | documented | |
| Producer and mix | 4.0 | documented | |
| Composition | 25.0 | ||
| Composer | 18.0 | documented | |
| Lyricist | 7.0 | documented | |
| Mazhaveyil 100 | Recording | 75.0 | |
| Label | 50.0 | documented | |
| Lead vocalist | 10.0 | documented | |
| Distributor | 6.0 | documented | |
| Featured vocalist | 5.0 | documented | |
| Producer and mix | 4.0 | documented | |
| Composition | 25.0 | ||
| Composer | 18.0 | documented | |
| Lyricist | 7.0 | documented | |
| Ilaveyil Thooval 111 | Recording | 75.0 | |
| Label | 50.0 | documented | |
| Lead vocalist | 10.0 | documented | |
| Distributor | 6.0 | documented | |
| Featured vocalist | 5.0 | documented | |
| Producer and mix | 4.0 | documented | |
| Composition | 25.0 | ||
| Composer | 18.0 | documented | |
| Lyricist | 7.0 | documented |
The royalty splits of Sixteen Frames Music. The 12 recordings that have received most are shown, because a share recorded wrongly against a recording that earns nothing costs nothing. A share is not a figure this application computes, so none of them opens workings; anything not recorded as documented is marked wherever it is used. Where the shares come to less than the whole, what the label keeps for itself has simply not been written down as a share.
The royalty splits of Sixteen Frames Music. The 12 recordings that have received most are shown, because a share recorded wrongly against a recording that earns nothing costs nothing. A share is not a figure this application computes, so none of them opens workings; anything not recorded as documented is marked wherever it is used. Where the shares come to less than the whole, what the label keeps for itself has simply not been written down as a share.
Recoupment against advances
Recoverable, not a costAn advance is recoverable against future royalties, not a cost. Until it is recouped the artist earns nothing further.
An advance is recoverable against future royalties, not a cost. Until it is recouped the artist earns nothing further.
4 of 4 artists are still working off an advance, Lead vocalist — B the furthest from clearing one
INR. The dashed rule on each row is what that artist was advanced.
The artist advances of Sixteen Frames Music. Recouped is what royalties have cleared against the advance so far.
| Artist | Advanced | Recouped | Unrecouped | Currency | Months to recoupestimate | Progress |
|---|---|---|---|---|---|---|
| Composer — Aadvanced 1 Jun 2024 | INR | 61e | 30.0% | |||
| Composer — Badvanced 12 Nov 2024 | INR | 10e | 67.8% | |||
| Lead vocalist — Aadvanced 4 Feb 2025 | INR | 6e | 76.2% | |||
| Lead vocalist — Badvanced 20 Sept 2025 | INR | 36e | 23.3% |
The artist advances of Sixteen Frames Music. An unrecouped balance is an asset of the label, not a liability to the artist. Advances are stated in the currency each was paid in and are not totalled across them. Months to recoup is an estimate and is marked as one: it divides what is still outstanding by the rate the artist has recouped at since the advance was paid, which assumes that rate holds. No royalty stream is flat, so it is a projection to argue with rather than a forecast the label has made.
The artist advances of Sixteen Frames Music. An unrecouped balance is an asset of the label, not a liability to the artist. Advances are stated in the currency each was paid in and are not totalled across them. Months to recoup is an estimate and is marked as one: it divides what is still outstanding by the rate the artist has recouped at since the advance was paid, which assumes that rate holds. No royalty stream is flat, so it is a projection to argue with rather than a forecast the label has made.
Restatements
Replaces, never addsA platform that corrects a period it has already reported issues a replacement for the line rather than a second one. The line it replaces stops counting the moment the replacement arrives, so it appears nowhere else on this screen.
A platform that corrects a period it has already reported issues a replacement for the line rather than a second one. The line it replaces stops counting the moment the replacement arrives, so it appears nowhere else on this screen.
No statement line held for Sixteen Frames Music has been restated by a later one, so every figure on this screen counts each reported period exactly once.
Catalogue value
Two methodsA discounted cash flow values what the catalogue will earn; a market multiple values what a buyer will pay. They differ, and the difference is the negotiating range.
A discounted cash flow values what the catalogue will earn; a market multiple values what a buyer will pay. They differ, and the difference is the negotiating range.
No catalogue valuation is held.
Both valuations are needed for the gap between them to mean anything; neither alone answers what the catalogue is worth.