A Licensee is most commonly a Record Company / Label that wishes to license a release, track or remix to use on a compilation or to distribute in a different geographical territory from the original.
Complete the following steps to create a New Licensee -
1. Select "Royalty->Licensees" from the Top Menu
2. Click the "New" button from the top right
3. The "New Licensee" screen will appear where you can specify the Licensees details
NOTE - Your must specify the "Licensee Name" as a minimum before you can save the Licensee. However, it is recommended that you enter as much information as possible.
4. Click "Save"
Your Licensee will now be available in your list.