The Semi-Annual Profile Review deadline is coming up on Monday, August 31, 2020.
This is an important deadline for music company applicants looking to increase their company rating.
During this review period, FACTOR only reassesses applicant profiles in the system who have requested review. Following the review company ratings may only go up. New ratings resulting from the semi-annual review take effect on October 1, 2020.
Applicants should verify that the information provided in their applicant profile is accurate and up to date. This includes providing all data in support of qualifying criteria (such as artist rosters and qualifying releases), and gross revenue.
Please note that companies cannot receive higher than a 2 or 3 rating at the Semi-Annual review. In order to achieve a rating of 4, their profile will need to be updated in time for next year’s Annual Review.
IMPORTANT NOTES & REMINDERS:
DEMOGRAPHIC DATA COLLECTION:
FACTOR encourages all clients to fill out the demographic questions on our portal. The information provided to us is confidential and allows us a better understanding of who is using our system and receiving funding. This information is used to consider notable trends when analyzing the impact of the funding, and in making decisions about program design and profile criteria. You can fill out this information on our portal under your individual User Profiles.