Publishing is covered. Your team does not need to clear any additional licenses to run a Studio campaign.
What EVEN holds
EVEN holds the licenses each sale requires. EVEN is licensed by the US performing rights organizations (ASCAP, BMI, SESAC and GMR) and by the MLC, and holds performance licensing in the US, Canada and the UK.
What that means for your side
Your team carries no publishing exposure on sales made through the Studio. The mechanical and performance obligations on those transactions sit with EVEN, so neither the label nor the artist has to administer them.
How it is covered in the percentage
EVEN's percentage covers publishing, along with payment processing, currency conversion, global sales tax and fan support. Publishing never appears as a separate line, and no bill for it arrives at the end of a campaign.
What is still yours
Your existing publishing relationships and royalty accounting stay exactly as they are. EVEN's licensing only covers the transactions made through the Studio. You carry on administering your own publishing and accounting for the revenue that reaches the label, under your own agreements.
If your team needs documentation
Your EVEN team can provide the documentation on request during setup. Finance and business affairs teams usually review the publishing licensing and the audit-firm accounting memo together before a campaign starts.