Cleopatra has over 550,000 tracks within their catalogue accumulating 20,000,000 lines of digital data per quarter which equates to over 1 billion streams and views a year.
Korrect is geared up to how things are going to be done in the future within the streaming and digital business, which is different than that in the physical business,” raves Brian. “It’s wonderful to have a system that gives transparency, i.e., to a certain percentage of a penny as well as through data reports, pie charts, and analytics. It makes the job a lot easier.
“Cleopatra Records made the move to Korrect as we feel it is the accounting solution for the digital age, the future of our systems, thus allowing us to focus on our business. This combined with the integration benefits of the Orchard, we have seen our processing times go from three days down to minutes with 20 million lines of data per quarter.” Brian Perera, CEO of Cleopatra Records
“Cleopatra’s artist roster is ever growing. We’re signing new talent regularly and the genres within the roster ranges from goth to country. We’re also seeing that our clients and artists have confidence in getting such an accurate account statement that they want to do more work with us, extending their licensing, and continuing their business with us. This being said, we are confident in moving forward with Korrect.”
Korrect’s goal is to create a single area for anyone within the music and entertainment industry to create their content, market and distribute the product, analyse daily sales and then account through to their artists/right’s owners.