Nigro Karlin Segal and Feldstein, LLP, an affiliate of NKSFB, LLC, is one of Los Angeles’ largest accounting Firms dedicated to the entertainment industry. We work with top attorneys, managers and business advisors in the entertainment business to recover the full amounts contractually owed to the artists they represent. Hollywood’s labor unions rely on our independent audit programs to recover contributions and income as well as to ensure compliance with various benefit plans.
We have over 150 collective years of Partner experience conducting profit participation, music royalty, licensing & merchandising, and payroll compliance audits.
We work with top attorneys, managers and business advisors in the entertainment business to recover the full amounts contractually owed to the artists and IP rights owners.
Hollywood and the music industry’s major unions and benefit plans rely on us to:
- Recapture delinquent contributions to their Trust Funds
- Ensure contributions toward their Health & Pension Plans are in compliance
- Conduct gross receipts audits to assess whether union-covered talent is receiving an accurate share of residual income
In short, we do three things:
Ensure that all revenues and other forms of benefits are properly reported and credited to our clients
Assist in settlement negotiations to ensure the best possible outcomes for our clients
Provide expertise and assessment of contractual provisions and dispute resolution
In our 35+ years of practice, we have recovered over
$750 million for our clients.
Audit Services
A Fully Integrated Line of Services for the Entertainment Industry
Film, Television & New Media
- Audit studio accounting for unreported revenues and overcharged expenses
- Expert evaluation of profit participation and contingent compensation agreements
- Support collection/resolution efforts plus provide expert witness services
- Monitor profit participation and royalties statements for unusual activity
Music, Royalty & Publishing
- Inspect royalty payment terms for new releases, catalog products and special market licenses
- Scrutinize the label’s and publisher’s accounting
- Provide an accurate record of the artists’ earnings and underpayments
- Analyze distribution and profit share arrangements
Merchandising & Licensing
- Audit licensees to ensure accurate royalty payments to artists & IP rights holders
- Expert evaluation of royalty and licensing agreements (pre-signing consultation)
- Provide brand & image protection from unlicensed merchandise and products
- Support collection/resolution efforts plus provide expert witness services
Hollywood & Music Industry Labor Unions
- Ensure employers—such as studios and production companies—are making proper payroll contributions to union Health & Pension Plans
- Detect delinquencies and minimize participants’ obtaining benefits improperly
- Recover delinquent contributions towards Trust Funds pursuant to the collective bargaining agreement
- Negotiate settlements
- Evaluate internal accounting controls
- Audit of revenue streams to ensure proper payment of residuals to talent and Health & Pension Plans