NSITES CAPITALMODULE 01EXECUTIVE COMMANDSESSION ID A4F7-21B9
MODULE 00 · EXECUTIVE COMMAND
Royalty Intelligence Overview
Consolidated view across recording, publishing, mechanical, performance, sync and radio royalties. All figures USD, normalized to home currency.
EXPECTED ROYALTIES+8.2% YoY
$15.49M
FY25 ACCRUED
ACTUAL RECEIVED+6.1% YoY
$13.59M
CASH BASIS
UNRECONCILED-3.4% MoM
$1.90M
VS PRIOR PERIOD
STREAMING REVENUE+11.4%
$12.24M
DSP AGGREGATE
PUBLISHING+4.2%
$3.19M
ASCAP·BMI·SESAC
MECHANICAL-1.1%
$1.40M
HFA·MLC
RADIO ROYALTIES+2.0%
$988.0K
MEDIABASE·NIELSEN
SYNC LICENSING+22.4%
$720.5K
FILM·TV·BRAND
OUTSTANDING PAYMENTS14 OPEN
$1.84M
AVG AGING 38D
UNDERPAYMENT EXPOSURE3 CRITICAL
$612.4K
RECOVERY MODELED
CONTRACT COMPLIANCE+1.2 pp
91.4%
WEIGHTED
FORECAST Q4BASE CASE
$5.81M
±8% CI
REVENUE WATERFALL — EXPECTED vs RECEIVED
24M · USDPLATFORM MIX
TTM| SPOTIFY | 31.2% | $4.81M |
| APPLE MUSIC | 19.0% | $2.94M |
| YOUTUBE MUSIC | 12.9% | $1.99M |
| AMAZON MUSIC | 9.1% | $1.40M |
| TIDAL | 4.0% | $612.0K |
| PANDORA | 3.2% | $488.2K |
| SOUNDEXCHANGE | 5.8% | $902.0K |
| ASCAP/BMI | 8.1% | $1.24M |
| SYNC | 4.7% | $720.5K |
| OTHER | 2.0% | $312.2K |
REVENUE BY TYPE
MONTHLYTOP ARTIST RANKING
EXPECTED · RECEIVED · VARIANCE| RNK | ARTIST | EXP | RCV | Δ |
|---|---|---|---|---|
| 01 | NOVA RHYTHM | $4.82M | $4.32M | $501.6K |
| 02 | ECHO SKYLINE | $3.21M | $3.18M | $26.1K |
| 03 | MIDNIGHT AVENUE | $2.94M | $2.10M | $839.6K |
| 04 | LUNA THEORY | $1.40M | $918.2K | $484.7K |
| 05 | SOLAR VERSE | $1.19M | $1.19M | $3.5K |
| 06 | VEGA DRIFT | $902.3K | $880.0K | $22.3K |
| 07 | ATLAS BLOOM | $612.0K | $589.4K | $22.6K |
| 08 | EMBER QUARTET | $411.2K | $403.0K | $8.2K |
AI INSIGHTS
REAL-TIME10:42CRITICAL
Spotify NA payout for ART-004 (Midnight Avenue) underpaid by 11.4% vs contractual rate 16.0%. Suggested action: dispute filing.
10:21HIGH
Mechanical royalty drift detected on CTR-1064 — observed rate 8.20¢ vs statutory 9.12¢. 24-month exposure ≈ $74,200.
09:55MEDIUM
Forecast Q4 streaming +6.2% vs base case driven by Nova Rhythm playlist additions (12 editorial).
09:31INFO
Reconciliation throughput 94.1%. 22 open exception cases. Avg cycle 4.2 days.
08:58HIGH
Recoupment trajectory: Luna Theory expected to recoup CTR-1064 by 2026-Q2 at current run-rate.
PAYMENT TIMING ANALYSIS
DAYS-TO-PAYMENT BY SOURCEREVENUE CONCENTRATION RISK
HHI·TOP-NCONCENTRATION INDEX (HHI)
2,144
MODERATE · DIVERSIFIED
NOVA RHYTHM31.1%
ECHO SKYLINE20.7%
LUNA THEORY9.1%
MIDNIGHT AVENUE19.0%
SOLAR VERSE7.7%
EXPOSURE FLAGS
- Top 2 artists = 47% of expected revenue. Recommend portfolio rebalancing review.
- Spotify dependency 31.2% of streaming. Diversification trigger at 35%.
- Midnight Avenue contract dispute reduces forward revenue confidence by $410K.