Management companies
Management companies are responsible for collecting and distributing royalties to titleholders.
In order to perform this task properly, they must have a complete and accurate record of the royalties they manage.
A mandatory retention period for these documents is therefore necessary to ensure that management companies can carry out their tasks in an effective and efficient manner.
By keeping these documents, management companies can ensure that authors' rights are protected and that they receive the fees to which they are entitled.
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