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Business Consulting

Hexagon Associates can assist media companies, content owners as well as current and prospective licensees to navigate the maze of managing businesses with intellectual property.  In industries like music, film, and merchandising, our Associates can help you put in place policies and procedures, work flow management routines and design systems, technological or otherwise, to streamline and manage your business to maximize productivity and profitability.  Whether it is the acquisition of an asset or setting up systems to manage the acquired assets and transition, the many years of experience each Hexagon associate has can bring tremendous value to our clients in evaluating, implementing and managing the complex world of intellectual property businesses.  In addition, Hexagon assists licensors and licensees to establish best practices in communicating and reporting to each other.  Both parties have a mutual interest in resolving differences in order to keep their business relationships healthy and mutually profitable.  Using our extensive multi-industry experience we can help foster these successful relationships.

Another area of our expertise is turnaround management of media companies caught in the ever changing dynamics of the economic cycle, product cycle and technology changes.  Our consulting services help clients streamline their organizations for optimal performance, to be ready for whatever the future brings. Our clients can rely on us to help them through their critical business issues and position them to thrive in an evolving marketplace. We customize our solutions to our client’s specific needs.

Royalty Compliance Audits
Hexagon Associates Recording Artist

Hexagon Associates’ team of experienced Royalty Auditors conduct examinations of royalty and licensee accountings to confirm adherence to contractual terms. Among the industries we cover are music, toys, videos, software, games, books, fashion/apparel, etc.  Our verification includes identification of underpayments as well as inquiry and analysis to protect your intellectual property. Our team has been extremely effective in settlement negotiations for our clients. We bring a broad spectrum of multidisciplinary talents to our examinations. The staff at Hexagon Associates works seamlessly with our clients throughout the auditing process, providing a truly personal service. 

Our Royalty Audit expertise includes:

  • Digital Royalty Audits

  • Publisher Royalty Audits

  • Artist & Producer Audits

  • Licensee Audits

  • Merchandise Audits

  • Webcaster and Broadcaster Audits

  • Litigation Support Services

  • Desk Audits

  • Pre-Audits

  • Audit Rebuttals

  • Settlement Consultation

  • Royalty Audit Consultation (Royalty Audit Feasibility Studies and Program Management)

Royalty Administration

Hexagon Associates' Royalty Processing and Licensing Specialists will serve as your in-house royalty team. Utilizing our state of the art royalty software, we will digest and translate your royalty agreements and mechanical licenses into monthly, quarterly or semi-annual royalty statements. Our team works closely with each client to identify and resolve any unlicensed tracks and unmatched sales in order to provide a precise and complete royalty reporting of your obligations.

Our services include:

  • Royalty Statement preparation

  • The filing of copyright forms

  • Registration with Performing Rights Societies

  • Maintain pending and unmatched files

  • Audit support

  • Financial royalty analysis

  • Music license issuance including research and matching of copyright splits

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