Royalty Management
Automate Royalty payments to focus on what really matters; creativity.
Royalty Management
Automate Royalty payments to focus on what really matters; creativity.
Manage your royalties due with an automated solution
Are you utilizing a creative song or video in your project that is created by another individual? If so, you must gather all the information as you have to give a certain percentage of the revenue to the creator.
Inaccurate calculations can harm your relationship with creators. That’s why accuracy is a huge challenge in terms of royalty payment management.
Gross revenue payment
Pay a certain percentage of the revenue to the original creator of content before considering your other expenses.
That percentage is generally predetermined in the agreement that you have with the original creator.
Minimum rent payments
This method allows the original creator to get a minimum amount every month, even if there is
no sale.
The rate of payment increases as the rate of sales increases.
Net revenue payment
Pay the original creator after calculating the expenses you have to bear from the revenue. In this case, you get a chance to consider all your expenses.
You pay the original creator based on your net profit from the project.
Royalty advances
In this case, original creators generally get paid before any earning is made from the projects that include their content.
Monthly royalty expenses
In general, royalty payments are calculated on a half-yearly or quarterly basis, and payments are
disbursed.
But in the monthly royalty expenses scheme, you are likely to pay the original creator monthly.
Price Per Unit Payment
While you calculate the royalties using the price per unit payment method, you are supposed to pay the
original creator based on the number of sold CDs or books.
