Bank account setup and signing authority
Royalties follow ownership, and money needs a door to land in. Each company in your structure gets its own bank account. The holding company's account receives the licensing income. The operating company's account receives the ticket, merchandise, and brand money. We set the accounts up and put the right signatories on them, so money lands where the contracts say it should.
One account per company
The split between holding and operating does not happen by accident. It happens because the contracts say which entity receives what, and the accounts are where that split becomes visible. Streaming income for the masters lands in the holding company. Ticket sales, merchandise, and brand fees land in the operating company. When each income stream has its own account, an auditor, a lender, or a buyer can see at a glance which company owns what. Mixed accounts blur that line, and the structure's whole point is a clean line.
Who can move money
The people allowed to move money from each account are set out in board resolutions, not left to habit. One person on each account might be enough at the start, but as staff and partners join, the list needs to reflect who is actually authorised and who is not. When the list changes, the resolution changes, and the bank instructions follow. Written down this way, signing authority survives departures, disagreements, and the question every bank eventually asks: who, exactly, is allowed to do this?