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AIMP PANELS

July 18, 2013

Time: 11:30 a.m. - 1:45 p.m.

CHASING YOUR MONEY: Maximizing Income Through Follow Up and Auditing

Getting paid royalties for your music is more than just a passive exercise. Our panel of experts will provide detail on methods of receiving full compensation from all third party licensees, including the PROs.

Panelists

Keith Bernstein
CEO, Royalty Review Council

Cedar Boschan
Partner, Hurewitz, Boschan & Company, LLP

Bernie Gudvi
Partner, GSO Business Management

Barry M. Massarsky
President, Massarksy Consulting

Eric Palmquist
VP Audit & Income Tracking, BMG Chrysalis

Moderators

Teri Nelson Carpenter
President, Reel Muzik Werks, LLC/AIMP Executive Director

AIMP Panel

Place: View Map
Lawry's The Prime Rib
100 North La Cienega Blvd. (near Wilshire)
Beverly Hills, CA 90211

From left, Bernie Gudvi, Barry Massarsky, Cedar Boschan, Teri Nelson Carpenter, Keith Bernstein and Eric Palmquist.

Photos by Liz Redwing, courtesy of Lawry's The Prime Rib, Beverly Hills. 

Additional Speaker Information

Keith Bernstein, CEO of Royalty Review Council (RRC), is responsible for extending the company’s partnerships and spearheading growth in international business segments, including music, film & television, publishing and games. With over 20 years of experience, Mr. Bernstein is known in the entertainment industry for his knowledge of the complexities of royalty accounting, reporting requirements, label operations, and copyrights. Mr. Bernstein has been involved in financial due diligence for song catalog acquisitions that exceed $2 billion in aggregate value. In addition, he has pioneered the procedures used to audit online digital service providers, and his team has processed over 1.5 million royalty statements on behalf of artists, producers, third party licensees, publishers, and songwriters. Mr. Bernstein is the former Vice President of Operations for Napster, Inc. the company that pioneered peer-to-peer file sharing. Before Napster, Mr. Bernstein was the Senior Director of Operations for Universal Global e, the e-commerce division of the Universal Music Group. Prior to joining Universal Global e, Mr. Bernstein co-founded Royalty Review Council where he was credited with being one of the first to attempt to collect data about online sales of items ranging from music to videos in order to help copyright and trademark holders collect the royalties due them. Mr. Bernstein is also the former Director of Operations for A&M Records where he spent 7 years with the company.

Cedar Boschan, Partner at Hurewitz, Boschan & Co. LLP. Through her innovative compliance audits, Cedar Boschan has helped clients such as songwriters, artists, producers, estates, heirs, divorcees and publishers recover tens of millions in unpaid royalties over the past twelve years. Since 2009, Cedar has been a partner in the boutique accounting firm of Hurewitz, Boschan & Co., which audits record labels, publishers and licensees, among other business partners. Based in Los Angeles, the firm provides other consulting services including forensic accounting and litigation support; Cedar has served as an expert witness and has calculated damages in music, video game, film, and patent legal disputes. Before co-founding Hurewitz, Boschan & Co., Cedar managed music royalty audits at the firms of Wolinsky, Becker & Hurewitz as well as Miller, Kaplan, Arase & Co. Prior to her career as a royalty accountant, Cedar worked in the entertainment industry and earned a bachelor of science in music industry from the University of Southern California. Cedar is the Treasurer for the Association of Independent Music Publishers and has spoken at the Beverly Hills Bar Association, The California Copyright Conference, The Game Developers Conference and The University of Southern California. Follow Cedar’s music business news on Twitter @Auditrix.

Bernie Gudvi is the founding partner of GSO Business Management, LLC. The five partner firm located in Sherman Oaks, CA specializes in business management services for music and entertainment industry professionals. The firm has a staff of more than fifty employees. With their accounting, royalty, tax, bookkeeping and insurance departments, they function as the client's financial quarterback. After serving 4 years in the U.S. Air Force, Bernie graduated from California State University, Long Beach with a Bachelor of Science in Accounting. He earned his CPA in 1974 while working at Touche Ross, a big eight accounting firm at the time. Shortly thereafter he formed Bernard Gudvi and Co., a business management firm. Bernie has been a guest speaker and lecturer for several music industry classes at UCLA and USC and is a member of the American Institute of CPA's and California Society of CPA's. He has also served on the board of directors for the National Veterans Foundation and Media Arts in the Public Schools.

Barry M. Massarsky leads a NYC based economic consulting firm that is well rooted in the music industry. Formerly the Senior Economist of ASCAP, Massarsky has been the outside economist for the RIAA since 1992, economic counsel for SESAC since 1993 and has operated as the lead consulting firm for the analysis of performance rights income for UMPG, Warner Chappell, EMI, SONY/ATV, BMG Chrysalis, Spirit Music Group and many other firms. He has personally represented Marvin Hamlisch, Paul Simon, Green Day, Garth Brooks and others in best practice valuation of PRO representation. He has been centered inside the public policy discussions in Washington concerning music licensing, and has been very active supporting the major players operating within the production music library market. His firm is a preferred economic valuation choice for most of the major lending institutions sourcing music catalog deals as well as a leading litigation damages consulting firm for music copyright infringement cases.

An industry veteran of nearly twenty years, Eric Palmquist has an extensive background in all facets of music administration, and has held executive positions with Warner/Chappell Music, Disney Music Group, and Quincy Jones Music Publishing. He currently is Vice President, Audit & Income Tracking BMG Chrysalis, and serves as President of the California Copyright Conference. He received NARIP’s Best In The Biz award in 2011 for audit/income tracking, and is a frequent guest lecturer at UCLA, CSUN and Musician’s Institute, as well as ASCAP’s Expo and SESAC’s Songwriter’s Bootcamp.

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