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Creative makes strategic investment in Lockside Consulting

Creative Computing Solutions, a leading Microsoft Dynamics partner that has a division focused on supplying solutions to the media sector, is thrilled to announce a strategic investment in Lockside Consulting, a company renowned for its expertise in providing professional services to the media industry. This strategic move marks a significant step towards Creative’s vision of broadening its Intellectual Property (IP) range of solutions and services, solidifying its commitment to delivering unparalleled experiences to clients worldwide.

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About Lockside Consulting

Lockside Consulting was established by Ed Hearsey in 2013 to provide bespoke services in the rights and royalties field for companies in the creative industries. Ed has thirty years’ rights and royalties experience in the broadcast and music industries. He began his career at PRS for Music followed by Warner Chappell Music Ltd. In 2002 he moved to Kobalt Music Ltd where he set up the Copyright Department and played a key role in defining system specifications for their bespoke rights management and royalty system. Before setting up Lockside Consulting, Ed spent seven years at BBC Studios, managing its Independent Production Accounting Department.

Services

Our Core Services

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Royalty Administration

For most businesses in the creative industries royalty accounting is not the primary focus. Time is better spent developing ideas and nurturing talent. However, it is a false economy to neglect royalty administration. Failure to pay talent and third parties in an accurate and timely manner will lead to reputations loss. Unfortunately, talent reporting isn’t often found in many finance systems and most reporting is completed in Excel. Lockside use Just-TALENT, the UK’s leading talent reporting software for production companies developed in conjunction with our sister company Creative Computing. We provide a complete service across the lifecycle of a project or the opportunity to discuss direct use of the Just-TALENT app for Microsoft Dynamics 365 Business Central with our partner.

Audit Services

The audit is a critical tool for ensuring that your business receives correct accounting, identifying omissions, inaccuracies, errors and misinterpretations that may result in you being seriously underpaid. It is considered good business practice, rather than a sign of mistrust, to maintain a regular audit programme across all your partners. Lockside Consulting supply audit services that can be tailored to meet your requirements, from a desktop review through to a full forensic audit, including on site source documentation analysis, submission of a comprehensive royalty audit report and negotiation of the recovery of any underpayments. We can also offer support, advice and analysis aimed at defending audit claims.

Commercial Services

The world of rights and royalties is a complex one. With thirty years’ experience dealing with rights and royalties, Lockside offer a range of services including commercial advice, research, contract review, business modelling, local representation and licensing.

Project Management

In an ever-changing rights landscape with multiple consumption models and numerous revenue streams it is critical that organisations employ robust systems and processes to ensure rights are properly managed, royalty obligations are fulfilled and revenue is collected in full. Lockside can help with process mapping, process design, system specification, data migration and user acceptance testing.

CLIENTS

Who we worked with

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testimonials

What our clients say about us

PRS for Music has used Lockside Consulting's audit services to undertake examinations of compliance under licensing agreements provided to PRS for Music customers, for nearly ten years. Throughout this time, Lockside Consulting have managed complex and challenging examinations with professionalism and care. This has resulted in the recovery of revenue for PRS and MCPS songwriter, composer, and music publisher members.
Christian Campbell
Senior Audit Manager
Lockside Consulting’s royalty processing expertise is second to none. They have helped us navigate complex royalty calculations and manage a large volume of royalty reports with precision and efficiency. I trust their knowledge and highly recommend their services.
John Richards
Chief Financial Officer
We at Neal Street Productions have been working with Ed for nearly 10 years now.  He provides us with an invaluable service and is a complete pleasure to work with. His knowledge of Rights and Royalties is incredibly impressive.
Michael Cornelius & Milly Leigh
Chief Financial Officer & Head Of Production
Over the nearly 10 years that we’ve worked with Lockside, Ed has quietly become an irreplaceable part of Hartswood’s business.  His technical expertise is unmatched as is the overall ‘Lockside’ service.  We’re extremely lucky to have him working with us.
Debbie Vertue & Dan Cheesbrough
Director of Operations & Managing Director
Sit back and relax knowing that Ed is doing your residuals and royalty reporting promptly and accurately - but also interrogating the contracts and agreements to make sure you don’t pay too little (or too much!). I would thoroughly recommend using Lockside’s services
Niall Shamma
Chief Operating Officer

CONTACT

Get In Touch

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Phone

07939 054 153

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Address

1 The Courtyard,
73a High Street,
Burnham, Bucks,
SL1 7JX

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Lockside Consulting Ltd

Registered in England
Registered Company Number : 8716719
VAT Registration No. 177 0188 93

Phone

07939 054 153

Email

Address

1 The Courtyard,
73a High Street,
Burnham, Bucks,
SL1 7JX