Royalty Splits
What are Royalty Splits?
Royalty Splits (also known as "Royalty Shares") are percentages used to share money between an Organization and a third party, such as Customers, Suppliers, Rights-Holders, or Partners.
Calculation Base (Net v. Gross)
Calculation Base refers if the Royalty calculated on the Net or the Gross amounts.
| Name | Definition |
|---|---|
| Net Amount | Net Amount is the Amount remaining after deductions (such as third-party profit margin, commissions, middleman fees, etc.). Usually, it is the Amount received in the Organization's bank account. |
| Gross Amount | Gross Amount is the Amount remaining before any deductions (such as third-party profit margin, commissions, middleman fees, etc.) |
Default Royalty Split Types
Splits Types (also known as "Sales Types") are different types of music exploitation type. for Label Contracts and Publisher Contracts:
Label Contract Royalty Split Types are:
- Digital Sales
- License Rights
- Synchronization Rights
- Neighboring Rights
- Physical Sales
- Direct Incomes
- Expenses
Publisher Contract Royalty Split Types are:
- Mechanical Rights
- Performance Rights
- Synchronization Rights
- Print Rights
- Direct Incomes
- Expenses
Custom Royalty Split Types
Custom Split Types allows a User to create customs Royalty Splits Type. This is reserved for advanced Users.
How to display Royalty Splits?
To display Royalty Splits:
- open a Track pane and click on the
Details > Royaltiestabs or go to the Tracks List and add Royalty Splits Custom Columns.- Dans les listes
Use Case for Royalty Splits
The Royalty Splits stipulated in the contract between the Organization and Max indicated that the latter would receive a Royalty rate of 15% on the Net sales. So there remains 85% for the Organization. On a $100.00 sale, Max earns $15.00, and the Organization $85.00.
Updated almost 2 years ago