đź“« LA Musician Monthly Newsletter
👉 Want to submit your business, studio, or event to our directories?
Thinking of using Infinite Catalog to manage your royalties and song catalog? Keep reading.
Artists receive payment from various sources throughout the year, including Spotify royalties, Bandcamp sales, performance royalties from ASCAP, and merchandise sales during tours. An artist may receive payment for their song being played on the radio in the Netherlands or for a sync placement on a social media ad in England.
Keeping track of this sea of micropayments and royalty statements across a catalog of hundreds or thousands of songs can be challenging.
Enter Infinite Catalog (IC), a royalty accounting software and service company that simplifies tracking and sharing profits across large music catalogs and teams of creatives.
Infinite Catalog automates the tracking and distribution of royalty payments from hundreds of digital media sources and statements.
With Infinite Catalog, everyone can stay informed about their earnings and focus on growing their creative businesses.
Creators and labels can receive payments more frequently because of the level of visibility into every revenue source for an album or music project.
Modernizing Data Management with Infinite Catalog
Infinite Catalog can ingest royalty data from a wide range of sources, including streaming platforms, web stores, and DSPs, and more.
This means that you can automatically import sales and payout data from:
- Streaming platforms like Spotify, Apple Music, and Amazon Music
- Artist merch stores like Shopify or Squarespace
- Royalty statements from PROs like ASCAP, BMI, SESAC, and more
- Independent record distributors like Secretly Distribution
Infinite Catalog also reduces the headache of manually importing dozens or hundreds of songs into the platform via catalog numbers or ISRC codes. Connecting to just a single payment portal automatically populates a song catalog.
This feature simplifies the management of large catalogs, allowing users to organize artwork, tracks, metadata, and sales data all from a single Spotify artist page.
Profit Sharing and Royalty Splits
Infinite Catalog simplifies the payment process for everyone involved in a release, from managers to musicians.
The software automatically tracks royalties across multiple revenue streams and pays out accordingly.
IC can handle all types of revenue generated by a song, such as:
- publishing royalties from being played on a TV show,
- streamed on Spotify,
- downloaded on Bandcamp,
- sold as part of a merch bundle,
- or featured in a local radio station remix.
Previously, tracking and distributing these royalties would have been difficult. However, IC simplifies this complex process to a few clicks.
All artists, managers, and publishers can receive their fair share based on how much money the song earns across the entire music industry.
Users can check balances, generate statements, and track payout thresholds. The platform also has filters and report building tools to help musicians analyze and visualize their data.
Infinite Catalog: Full Service
Infinite Catalog also offers a “Full Service” plan, which handles royalty accounting for a fraction of the cost of hiring an in-house team.
Pricing for this service is based on the income level of the artist or catalog registered with Infinite Catalog.
With Full Service, artists and labels can spend more time focusing on growing their music career, while Infinite Catalog takes care of sending statements, answering payee questions, and assisting with payouts.
IC Full Service is priced to scale based on your monthly income.
- $100/mo for catalogs earning $0-$10,000 per month
- $200/mo for catalogs earning $10,000-$20,000 per month
- $300/mo for catalogs earning $20,000-$50,000 per month
Some notes about Infinite Catalog’s Full Service offerings:
- Income Levels: Income tier determined by taking the artist's word and basing it on a rolling six month average of catalog's monthly income.
- Free Trial: Free trial available for IC Software, while IC Full Service requires the first month to be paid in advance. Opt in or out of IC Full Service at any time.
- Accounting/Finances: IC Full Service only includes royalties and does not include bookkeeping, financial advisory services, tax filing or advice, payroll, or other business management services.
- Paying Out: IC can record payouts but cannot initiate payments.
The service also provides transparency for all parties involved, with up-to-date balances, dashboards, and reports available at all times.
Full Service offers a stress-free option for managing royalties, allowing musicians to focus on what they do best: making music.
Infinite Catalog FAQs
What can you track with Infinite Catalog?
Easily manage all types of income, expenses, and advances in one place - including digital, physical, publishing, and merchandise.
Connect via API, import files, or create transactions manually with ease.
Can I manage my music catalog with IC?
Map your entire Spotify catalog by using an artist or album URL. Alternatively, you can quickly add new artists, releases, and tracks through any other data source.
Check for duplicate tracks and entries and match variations in metadata all at once. Additionally, you can add various income sources and offer custom label deals to artists without any hassle.