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Los Angeles | New York

info@alajiangroup.com

323.538.5358

Accounting and Financial Services for Media Companies

Media companies operate in a fast-paced, dynamic environment with unique financial challenges—from managing production budgets to tracking advertising revenue. At Alajian Group, we specialize in providing accounting and financial services tailored to the needs of media companies. Whether you’re in film, TV, digital media, or publishing, we help you stay compliant, organized, and financially sound.

Media Industry Financial Challenges We Solve:

  • Revenue Recognition:
    Tracking diverse income streams (advertising, subscriptions, licensing, etc.).
  • Production Budgeting:
    Managing budgets for film, TV, or digital content production.
  • Royalty and Licensing Management:
    Ensuring accurate tracking and reporting of royalties.
  • Tax Compliance:
    Navigating complex tax regulations for media companies.
  • Cash Flow Management:
    Balancing irregular income and high production costs.
  • Financial Reporting:
    Generating detailed reports for stakeholders and investors.

Our Services for Media Companies:

Media-Specific Accounting and Bookkeeping:

  • Tracking advertising revenue, subscription income, and licensing fees.
  • Managing production budgets and expenses.

Royalty and Licensing Management:

  • Accurate tracking and reporting of royalties for artists, writers, and creators.
  • Ensuring compliance with licensing agreements.

Tax Planning and Preparation:

  • Maximizing deductions for production costs, equipment, and talent.
  • Preparing and filing federal, state, and local tax returns.

Financial Reporting and Analysis:

  • Customized profit and loss statements for media projects.
  • Cash flow forecasting and budgeting for productions.

Payroll and Contractor Management:

  • Handling payroll for staff and freelancers.
  • Issuing 1099 forms for contractors and talent.

Technology Integration:

  • Setting up and optimizing accounting software for media companies.
  • Integrating with media-specific tools (e.g., production management software).

Why Choose Alajian Group for Your Media Company?

We understand the unique financial needs of media and entertainment businesses.

Services designed to fit your specific revenue models and workflows.

Leveraging the latest tools to streamline your financial processes.

Trusted by media companies to improve financial efficiency and compliance.