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How do you split revenue on DistroKid?
DistroKid can split earnings from any song or album, and automatically send those earnings to other DistroKid users. Add your collaborators, producers, bandmates, managers and more. We’ll pay them directly, so you don’t have to think about it. To get started, sign into DistroKid and click “Splits”.
How do artists and producers split the money?
Usually, a producer makes 3\% to 5\% (20\% to 25\%) of the artists share of a master recording. This number could be a bit higher if the producer is influential and has a brand of their own.
How do you split ownership of a song?
This is determined by a split sheet agreement between the writers of a song. For example, if you’re playing in a four-person rock group and each member contributed to a song equally, the ownership split is often 25/.
How do you split streaming royalties?
This revenue amount is from the number of streams played multiplied by the revenue per stream. This amount is then split out among the artists that were played in that duration. The artist receives the amount after the artist split gets applied (so that can hypothetically be 13\% times $0.0059 per stream).
What are splits on DistroKid?
Splits, which was first unveiled in 2017, allows artists who use DistroKid to automatically split any percentage of royalties, from any track, with anyone. So everyone who worked on a track gets their share: producers, beat makers, guest performers, featured artists, photographers, friends, investors, etc.
How does a music publisher make money?
Music publishers earn money through licensing fees and royalties. In terms of song ownership, a publisher usually gets a 50\% stake in a track. In other words, the original copyright owner (the songwriter) assigns a portion of the copyright for a song to the publisher.
How is the revenue split between labels and artists?
In each accounting month, the label will receive their share of the revenue from the digital service provider (Spotify, Napster, Tidal, etc.). This revenue amount is from the number of streams played multiplied by the revenue per stream. This amount is then split out among the artists that were played in that duration.
How do I split ownership of a song?
One essential step to streamlining this process is by filling out a split sheet, an agreement that assigns an ownership percentage to each person who worked on a song.
How much do artists split on album advances?
The success of the artist (whether the artist is new to the industry or a well-established platinum artist); Whether the artist is signed to a major record label or an indie label. If the label is a major record company, the artist split can range from 13\% to over 20\%. These artist agreements will often come with album advances.
How much do producers charge to produce a song?
The most common deal struck between an artist and a producer gives a producer a flat fee for their work in addition to some royalties. For example, a $1000 fee to produce the song, plus 15\%-25\% (standard for indie producers) of the song’s net royalties.