Note: The distribution will only include those periods for clients, the effect of which has already ended.
Consider an example: The "Statistics" item displays 500 downloads, but they were executed in different periods. In this case, the amount of accruals will be displayed according to the used content within completed periods for clients.
It is also possible that the downloads were executed during the quarter (October – December) or other periods, while the payment periods of counterparties have not yet ended. In this case, the amounts to be accrued will be displayed after the completion of such periods (time-bound guide is "the end of the period" column).
The distribution is carried out quarterly, according to the signed Licensing Agreements. Interest payment is made for accruals starting with 100 euros.
This column lists the names of clients' establishments where the music tracks were used.
3. Music Track:
This column lists the name of the music track.
4. Number of Uses:
This column lists the number of downloads by a certain client for a specific period.
5. Royalty, euro:
This column represents the amount to be paid in euro. The value "0,00" means that the reporting period of the client has not yet ended and the amount has not yet been distributed.
The amount displayed is the final payout to the copyright holder subject to the tax withholding.
The amount received to the account of the copyright holder depends solely on the commission of the payment channel selected by the Author.
6. State of Distribution:
There are two options – "Accrued" and "Not distributed".
"Accrued" means that the amount of royalty for the use of music content is distributed and accrued. The reporting period of the client specified in the "Counterparty" column has already ended.
"Not distributed" means that monetization has not yet been implemented since the reporting period of the counterparty has not ended.
More information on the process of royalty distribution is presented in the following scheme: