Warner Follows Sony in Waiving Unrecouped Balances for Heritage Artists

This program starts July 1. Warner's press release says:

“[We’ve] announced a legacy unrecouped advances program where, for our artists and songwriters who signed to us before 2000 and didn’t receive an advance during or after 2000, we won’t apply their unrecouped advances to royalty statements for any period beginning July 1, 2022 or after.

“The program will also benefit other artist royalty participants such as producers, engineers, mixers and remixers.”

So if are a Warner legacy artist any of your streaming royalties are being withheld due to past monies that were not recouped yet, you will start seeing your royalty income starting this summer!

Great news.