Audit Services

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Due Diligence

Fully recognize your licensing revenue

Transparency is critical to distribution partnerships. But diverse platforms, reporting methodologies, and contract terms are complicating content owners’ ability to properly track (and collect) distributor fees. Our widely respected audit professionals give you clarity and control in a complex value chain, no matter who you’re licensing your content to.

Digital media

VOD and EST

Linear TV

Gaming

Music

Branded products

“The data aggregated by and through Symphony MediaAI’s outsourced service was foundational in developing a sophisticated capability to analyze retransmission revenue all while offloading the heavy volume of laborious, lower-value processing work.”

John Robertson, Senior Director of Finance, Hearst

“Hiring Symphony MediaAI to manage our affiliate finance operations allowed for us to seamlessly manage several seminal events in our company’s history. We moved our financial operations to another location across the country and we have undertaken several programming acquisitions. Symphony MediaAI allowed us to manage these events with no interruption in quality of reporting and department productivity.”

Steve Smith, Executive Vice President, Outdoor Channel

“Symphony MediaAI constantly helps NBCU create new ways to more efficiently and effectively manage our operations. The OTT program is another example of the leadership and innovation that make Symphony MediaAI a key strategic partner in capturing value and positioning us for future success.”

Steve Grau, Vice President, Finance & Content Distribution, NBCUniversal

“Symphony MediaAI definitely qualifies as a partner with Scripps. SMAI’s continued support helps us manage our business more efficiently and their willingness to partner with us on developing the reports has been a great benefit to our company.”

Alison Young, Senior Director of Accounting Operations, E.W. Scripps

“Our decision to transition over to Symphony MediaAI’s Revedia Revenue Management SaaS solution has proven wise not only from a data quality and visibility perspective, but also a cost perspective. We have reduced software licensing and IT costs and eliminated the headache of having to manage a software solution on our network.”

Aries Massaro, Director, Network Distribution, NFL

“Symphony MediaAI is a trusted advisor to our team. They have been a great partner in collecting and tracking key components of our revenue stream. Their software platform, reporting, and team members have been exceptional.”

Roger Williams, Accounting Service Center Manager, Allen Media Broadcasting

“In today’s media landscape, context is king. It’s one thing to apply AI algorithms to problems but what the market needs is real-time behavioral analysis and prescriptive recommendations that make a measurable difference to providers seeking customer engagement at scale and Symphony MediaAI provides just that.”

Mukul Krishna, Head of Digital Media Practice, Frost & Sullivan

Benefits

Cloud delivery

Access your reports, data, and associated documents any time on the secure, user-friendly Revedia platform

Independent results

Maintain the highest degree of integrity with independent professionals who are never compensated based on audit results

Confidentiality

The information that you and your licensees provide is held in strict confidentiality and managed in accordance with the most stringent security standards

Superior insight

Gain an accurate 360-degree view of distributor performance thanks to the industry’s most comprehensive audit process

Capabilities

Rigorous analysis

We reverse engineer distributors payment and billing structure while reviewing over 90% of your license revenues to deliver the most thorough findings possible

Financial compliance

All of our audits are performed in accordance with the Generally Accepted Audit Standards (GAAS) as prescribed by the American Institute of Certified Public Accountants (AICPA)

Detailed findings

Your findings reports include source data to support financial and non-financial material variances in contract terms, license fees, subscribers reported and transactional records

Issue resolution

Your service team is fully available for post-audit findings support to ensure that every audit is resolved to your complete satisfaction

Global expertise

As an internationally recognized market leader, we bring a deep understanding of the unique variables and requirements of every market where you operate

Related Resources

Brochure: Distributor Audit Service

Contract compliance and revenue assurance for media and entertainment

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Related Resources

Why License Fee Management Is Harder Than Ever (And What You Can Do)

The top five licensing revenue strategies, and the most successful strategies used by the world’s top media brands to overcome them

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Related Resources

The Power of Software to Make or Break License Fee Management

Join our on-demand expert overview and demo of Revedia Revenue Management

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