Our Contracts feature defines how the revenue made by your catalog in the DSPs gets split amongst your Company and your different Payees. The Contract structure is as follows:
Terms
The Terms define the Payout Rate from you to your Payees. You can define multiple Terms per DSP, Territory, Channels, and Formats.
For example:
Term #1
- Payout Rate: 80%
- Services: All except YouTube Content ID
- Format: All
- Channels: All
- Territories: All
Term #2
- Payout Rate: 70%
- Services: Only YouTube Content ID
- Format: All
- Channels: All
- Territories: All
Payees
The Payout Revenue after your terms can be divided among different Payees/Collaborators.
- Their email address for login and statements
- Their PayPal account email (optional). Read: Connect your PayPal Payouts API Credentials
- Their corresponding share %
- Their initial Balance (can be positive or negative). Read: Adding Payee Advances in Revelator Pro
| Note Depending on your type of Account, you may have different types of Payees. Read Parent-Child and Standalone You can also set up Commission Payees. A commission payee is someone whose Share % is taken from the distribution fee (your cut of the contract) instead of being taken from the royalties (the cut belonging to licensors). |
Assets
Finally, you will define to which Assets the Terms and Splits of the Contract will be applied to. The Source field lets you filter by Artist (Main Primary Artist) or by Label.
Including “All current & future Assets except those on asset-specific contracts” will create a Label or Artist Level Contract.
Including “Only some specific assets” will create Release and/or Track Level Contracts
Contract Levels
- Account Level Contract(Parent-Child Only)
An Account Level Contract is created for each Child Account, in which the owner of the account is set up as a Distribution Payee, and the Default Terms of this Contract apply to all catalog under the Child Account.
- For non-Enterprise Plans, the Default Terms are set to a 100% payout rate and must be edited on a case by case basis.
- Label Level Contract > Applied to All Assets of a specific Label
- Artist Level Contract > Applied to All Assets of a specific Artist (Main Primary Artist)
- Release Level Contract > Applied to only specific Releases of an Artist (Main Primary Artist) or Label
- Track Level Contract > Applied to only specific Tracks of an Artist (Main Primary Artist) or Label
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