How much money does each artist receive?
Artists earn a share of the net revenue on the sale/license of their songs on SoundBlend. Net revenue is sale proceeds less commission, taxes and transaction fees. Artists keep 70-90% of net revenue, depending on the Membership plan at the time of the sale.
The percentage split (share) of net revenue is determined the sharing agreement. See How Does Song Ownership Work?
Assume five single digital downloads are sold for $1.20 each. The released track has two collaborators: a Pro Member (who a has agreed to a 60% song ownership split) and a Starter Member (who agreed to a 40% song ownership split). The Song Ownership Split is decided upon by the collaborators through an electronic sharing agreement created at the time the song is published to SoundBlend.
|$6.00||Gross Sales Revenue ($1.20 x 5)|
|-$0.60||Estimated sales tax and credit card processing fees|
|$5.40||Net Sales Revenue|
Pro Member Receives
|$3.24||Sales revenue allocation (based on the 60% song ownership agreement)|
|-$0.32||Commission paid to Kompoz based on the 90% payout for Pro Plan|
|$2.92||Revenue to Pro Member|
Starter Member Receives
|$2.16||Sales revenue allocation (based on the 60% song ownership agreement|
|-$0.65||Commission paid to Kompoz based on the 70% payout for Starter Plan|
|$1.51||Revenue to Starter Member|