How CARM works
A repeatable pipeline that turns catalogue data and rights evidence into a scored, valued, and verifiable asset — with every step visible.
One pipeline, six stages
Each stage produces a stored, timestamped output — nothing is recalculated silently later.
1. Catalogue
Identity, ownership, and revenue data are captured through a progressive onboarding flow.
2. Evidence
Legal and rights evidence is logged in a registry — authority, reference, verification date — not a checkbox.
3. Score
The methodology engine computes a CARM score and Market / Legal / Technology dimensions.
4. Valuation
Income, market, and relief-from-royalty approaches synthesize into one appraised value with a confidence range.
5. Certificate
A preliminary certificate is requested, then reviewed by a qualified analyst before becoming final.
6. Verification
Anyone with the reference can confirm a certificate's authenticity and current status, no login required.
The CARM score
A 0–100 score built from three equally-documented dimensions, plus a rating band that summarizes it for a credit decision.
Market
Streaming trajectory, growth, sync potential, diaspora reach, and cultural impact — how the catalogue performs and where it can still grow.
Legal
Chain of title, authority-verified rights evidence, and prior claims. Legal status is provisional until authority evidence is on file.
Technology
Metadata quality, distribution coverage, and platform readiness — how easily the catalogue can be tracked, collected, and monitored.
72
CARM score / 100
Illustrative example
CARM-A
Prime
CARM-B
Standard
CARM-C
Developing
CARM-D
Speculative
The MLT Method valuation
Three independent approaches are synthesized into one appraised value, then bounded by a confidence range.
- Income approachProjects future royalty income and discounts it to a present value.
- Market approachBenchmarks against comparable catalogue transactions and multiples.
- Relief-from-royaltyEstimates the value of owning the rights outright versus licensing them.
Confidence range
±8%
Around the appraised value
Indicative LTV
Up to 65%
Loan-to-value on appraised value
Net facility
After prior claims
Deducted before any figure is shown
Versioned, not silently changed
Every rating and valuation stores its methodology version (currently CARM-1.0.2) and the exact inputs used, so a later methodology release can never silently change a historical result. CARM is an indicative credit and investment assessment tool — not a guarantee of value, an offer of finance, or financial advice.
See how CARM protects trust in the number
Evidence registry, audit trail, and certificate review — the controls behind every rating.