Royalty Statement Auditor
$20,615.20 is owed to Halcyon Wave Records LLC: royalties underpaid by $13,607.20 (8.9% of the $152,320.40 credited) and $7,008.00 of reserves held beyond the license.
8,500,000 streams x $0.0025 minimum = $21,250.00, above 50% x $34,000.00 = $17,000.00: $21,250.00 - $17,000.00 = $4,250.00 short.
Method1License rates read from the terms: Physical 18% (minimum $1.10 per unit); Download 24% (minimum $0.22 per download); Streaming 50% (minimum $0.0025 per stream).
2Statement lines are matched to platform data by period, ISRC (title when an ISRC is missing), territory and channel; platform usage types are mapped to the license channels (stream to Streaming, and so on).
| Period | ISRC | Title |
|---|---|---|
| 2025-Q3 | USHW12400101 | Salt and Cedar |
| 2025-Q4 | USHW12400102 | Northbound Static |
| 2025-Q4 | USHW12400103 | Low Tide Radio |
Licensee royalty statement, plus platform sales and stream data
Underpayment ledger and an audit claim letter (Audit claim letter, Underpayment ledger (CSV), Recomputed royalties (CSV))
$3,500 / month, 30% to the referring partner
Read in memory for the session, never stored, never used to train a model.
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