Services

Most business management companies in the entertainment industry have a background as a CPA, accountant or certified financial planner (CFP). However, Blue Sky Group professionals’ wide range of experience and expertise allows us to offer business management oversight services along with legal, real estate, insurance and financial services. Our founders have an in-depth understanding of the intricacies of the entertainment business, its challenging cash flow and royalty issues as well as the knowledge and experience to integrate with the financial planners and asset protectors to help keep the “down-curves” less steep and the “up curves” safer. Given the intertwining nature of the entertainment business and the legal and financial fields, the ability to fluidly speak all of these languages provides a unique advantage to clients that no other business management firm to date has to offer.

Individual Services Include:

  • Artist, Songwriter, and Publishing Royalty Audits
  • Third Party Royalty Statement Administration – Producers and Writers
  • Merchandise and Trademark Royalty Audits
  • Company Valuations for Buy-Sell, Financing, and Purchase and Sales Agreement
  • Catalog Valuation and Sales Assistance
  • Copyrights and Valuation
  • Pressing and Distribution (P&D) audits
  • Film and television
  • Branding and merchandising revenue audits
  • Cash Flow Management – Personal and Business
  • Weekly Bill Pay – Personal and Business
  • Monthly Cash Reporting and Quarterly Financial Statements
  • Preparing, Implementing, and Monitoring Operational Budgets
  • Tax Planning (Domestic and International) and Consulting
  • Tax Return Preparation Work (actual return prepared by CPA)
  • Company Setup for Domestic and Foreign Residents – Sole Proprietorships, Partnerships and Corporations
  • Artist, Publishing, and Producer Contract Guidance
  • Third Party Royalty Statement Administration – Producers and Writers
  • Desk Reviews/Audits of Royalty Statements
  • Risk and Insurance Assessments – Personal and Business
  • Management of Domestic Staff, Contractors and Vendors
  • Tour Reporting and Venue Audits
  • Assisting with Credit Acquisition
  • Catalog Sales Assistance
  • Financial Agreement Negotiating
  • Name and Likeness Rights Protections through Estate Planning and Valuations
  • Trust, Wills, and Estate Planning Oversight and Consulting Through All Phases – Initial Planning, Installation of the Plans, etc.
  • Oversight of Financial Portfolios and/or Financial Manager
  • Oversight and Diversity of Investment Strategies
  • Bond Portfolio Management and Oversight
  • IRA Portfolio Management and Oversight
  • Real Estate Acquisition, Sales and Rentals
  • Property and Estate Management
  • Real Estate Portfolio Management
  • Real Estate Dissolution or Controlled Wind-Down Management and Sales
  • Short-Term and Long-Term Disability Insurance Advice, Pricing and Procurement
  • Specialty Insurance Procurement
  • Copyright Insurance Pricing and Procurement
  • Tour Budgeting to Actual Reporting
  • Pre-Production and Planning
  • Touring Insurance Procurement
  • Concert Tour Accounting and Budgeting
  • Domestic and Foreign Tax Planning
  • Tour Settlement Audits
  • Merchandise Audits
  • Venue Settlements and Reconciliations
  • Cash Management and Road Float Reconciliation
  • Risk Assessment and Non-Appearance Coverage

Most business management companies in the entertainment industry have a background as a CPA, accountant or certified financial planner (CFP). However, Blue Sky Group professionals’ wide range of experience and expertise allows us to offer business management oversight services along with legal, real estate, insurance and financial services. Our founders have an in-depth understanding of the intricacies of the entertainment business, its challenging cash flow and royalty issues as well as the knowledge and experience to integrate with the financial planners and asset protectors to help keep the “down-curves” less steep and the “up curves” safer. Given the intertwining nature of the entertainment business and the legal and financial fields, the ability to fluidly speak all of these languages provides a unique advantage to clients that no other business management firm to date has to offer.

AUDITING, DUE DILIGENCE & VALUATIONS

At Blue Sky Group we offer a variety of services to guarantee our clients and their businesses receive maximum profitability. We believe that each client is unique and know that thorough evaluation and data analysis of a business are crucial to provide proper financial management and adequate planning for the future

BUSINESS & FINANCIAL MANAGEMENT OVERSIGHT

When a creative professional's activity becomes significant enough to warrant a business manager, allowing a business manager to take care of the stress of dealing with the payment of day-to-day bills and long term financial objectives allows musicians, songwriters, athletes, and actors to spend their time focusing on what they do best - creating.

REAL ESTATE / INSURANCE CONSULTING

Blue Sky Group professionals have extensive consulting experience and a thorough understanding of the changing landscapes in today's real estate and insurance marketplaces. We are able to help our clients make better insurance and real estate decisions by offering services in all legal aspects relating to the conveyance of real property including financing. drafting of contracts. resolution of complex title issues. development. zoning and land use.

TOUR ACCOUNTING

Blue Sky Group is one of the few business management firms able to offer touring artists an accountant to oversee all of their tour finances. By keeping a detailed record of all expenses and transactions that occur on tour, our clients can be confident we will provide them accurate financial oversight.

Individual Services Include:

  • Artist, Songwriter, and Publishing Royalty Audits
  • Third Party Royalty Statement Administration – Producers and Writers
  • Merchandise and Trademark Royalty Audits
  • Company Valuations for Buy-Sell, Financing, and Purchase and Sales Agreement
  • Catalog Valuation and Sales Assistance
  • Copyrights and Valuation
  • Pressing and Distribution (P&D) audits
  • Film and television
  • Branding and merchandising revenue audits
  • Cash Flow Management – Personal and Business
  • Weekly Bill Pay – Personal and Business
  • Monthly Cash Reporting and Quarterly Financial Statements
  • Preparing, Implementing, and Monitoring Operational Budgets
  • Tax Planning (Domestic and International) and Consulting
  • Tax Return Preparation Work (actual return prepared by CPA)
  • Company Setup for Domestic and Foreign Residents – Sole Proprietorships, Partnerships and Corporations
  • Artist, Publishing, and Producer Contract Guidance
  • Third Party Royalty Statement Administration – Producers and Writers
  • Desk Reviews/Audits of Royalty Statements
  • Risk and Insurance Assessments – Personal and Business
  • Management of Domestic Staff, Contractors and Vendors
  • Tour Reporting and Venue Audits
  • Assisting with Credit Acquisition
  • Catalog Sales Assistance
  • Financial Agreement Negotiating
  • Name and Likeness Rights Protections through Estate Planning and Valuations
  • Trust, Wills, and Estate Planning Oversight and Consulting Through All Phases – Initial Planning, Installation of the Plans, etc.
  • Oversight of Financial Portfolios and/or Financial Manager
  • Oversight and Diversity of Investment Strategies
  • Bond Portfolio Management and Oversight
  • IRA Portfolio Management and Oversight
  • Real Estate Acquisition, Sales and Rentals
  • Property and Estate Management
  • Real Estate Portfolio Management
  • Real Estate Dissolution or Controlled Wind-Down Management and Sales
  • Short-Term and Long-Term Disability Insurance Advice, Pricing and Procurement
  • Specialty Insurance Procurement
  • Copyright Insurance Pricing and Procurement
  • Tour Budgeting to Actual Reporting
  • Pre-Production and Planning
  • Touring Insurance Procurement
  • Concert Tour Accounting and Budgeting
  • Domestic and Foreign Tax Planning
  • Tour Settlement Audits
  • Merchandise Audits
  • Venue Settlements and Reconciliations
  • Cash Management and Road Float Reconciliation
  • Risk Assessment and Non-Appearance Coverage