How Citrin Cooperman Conducts Its Music Valuation Cases – September 18, 2025
On September 18, 2025, the Copyright Society of the South welcomed Barry Massarsky and Elon Altman from Citrin Cooperman, who discussed the evolving landscape of catalog valuations. Altman and Massarsky presented an exclusive, in-depth discussion and opportunity for attendees to gain a competitive edge by understanding the intricacies of music catalogue valuation. The CLE luncheon event was held for Society members and their guests at the Country Music Association event room in Nashville, Tennessee.

(L to R): Citrin Cooperman’s Barry Massarsky and Elon Altman present a mock IP catalog valuation case to the Copyright Society of the South.
Barry Massarsky is a partner and co-leader of Citrin Cooperman’s Music Economics and Valuation Services Practice. He has over 30 years of experience acting as a key advisor in the music industry serving the valuation interests of music publishing and recording label firms. He provides strategic counsel to owners of music copyrights, as well as valuation, litigation economics, and performance income review. Barry is known for his high value relationships with performance rights organizations, music publishers, record companies, music industry trade organizations, and music litigation firms. Barry has pioneered the field of music copyright economics serving revenue-related interests within the U.S. music industry, facilitating strategic opportunities for advancing royalty income, and inspiring new license regimes. His experience also extends to the music production library marketplace where he has led many performing rights initiatives on behalf of both its trade organization and individual market leaders. Barry has worked with commercial lenders, private equity, and other financial investors who are acquiring music asset rights. Previously, Barry was the founder of Massarsky Consulting, a leading copyright economics consultancy, which joined Citrin Cooperman in 2022. Prior to founding Massarsky Consulting, Barry was a Senior Economist at American Society of Composers, Authors and Publishers (ASCAP).
Elon Altman is Citrin Cooperman’s Director of Music & Entertainment Valuation Services with 20 years of experience in performance income review and forecasting, music copyright litigation economics, music licensing, production music libraries, and valuations of music publishing and recorded music catalogs. He works closely with a wide range of the major and independent music publishers, music industry trade organizations, and private equity firms investing in music.
A particular focus in Elon’s work is on the forecasting of PRO income for individual songs and catalogs, based around his detailed modeling of PRO radio and streaming rates and bonuses. Elon also has extensive knowledge in the space of music for film and television. Working with production library clients, he has conducted operational audits of payments for the music used within television programs and advised on the best network opportunities for high value music placements. Elon has also conducted many valuations of TV and Film music catalogs.
Outside of music, Elon is the lead of the new Film & TV Valuation division of the Music & Entertainment Valuation Services group at Citrin Cooperman. Film & TV Valuation focuses on “participation rights” — essentially the share of net profits that high-end talent receives from their film & TV projects. Similar to music catalogs, there is a market of funds that buy these rights. Elon’s experience in the music industry began in 2005, where he spent 17 years at Massarsky Consulting as Senior Economist before joining Citrin Cooperman in 2022.
How to Apply for Membership in the Copyright Society of the South
Consideration for Society membership is open to attorneys, business people, academians, administrators and others interested in the field of copyright law. The Board of Directors has set the annual dues at $300.00 in order to provide top quality speakers, seminars, presentations and an information flow to the membership regarding the field of copyright. The annual dues also cover all normal luncheon and reception costs for members including meals, CLE credit, and online content/access. Members are accepted into the organization by board vote. If you are interested in joining the Copyright Society of the South please visit our website.
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