Royalty & Payout Terms
[LEGAL ENTITY NAME] ("Outloud," "we," "us," or "our")
Last updated: [DATE]
1. What these terms cover
These Royalty & Payout Terms explain how Outloud calculates the royalties you earn, how your balance works, and how you withdraw money. They are part of your agreement with us under the Terms of Service.
2. How royalties are earned
When your music is streamed or sold on a Store, that Store pays revenue for those streams and sales. Outloud receives the streaming and sales revenue generated by your music and shares it with you according to your plan.
Your share by plan:
| Plan | You keep | Outloud keeps |
|---|---|---|
| Free | 80% | 20% |
| Plus | 90% | 10% |
| Pro | 100% | 0% |
"You keep 100%" on the Pro plan means Outloud takes no percentage cut of your streaming and sales revenue. Your plan also determines other features and limits described on our plans page and in the Terms of Service.
A few important clarifications about how this works in practice:
- Earnings are recorded after we receive revenue from the Stores. Stores report and pay on their own schedules, which are typically delayed by some weeks or months after the activity happens. Your earnings appear in your dashboard after we receive and process the corresponding revenue — not in real time.
- Earnings are recorded per track, for a given month. Your balance is the sum of those recorded earnings, less amounts already withdrawn or pending withdrawal.
- Only released, identifiable tracks earn. A track earns through the payout system once it has been approved/distributed and has its standard recording identifier (ISRC) assigned.
3. Your balance
Your dashboard shows three figures:
- Lifetime earnings — the total royalties recorded to your account.
- Reserved — amounts tied up in withdrawal requests that are pending or already paid.
- Available balance — what you can currently withdraw (lifetime earnings minus reserved).
Your available balance is calculated from these figures; it is not a separately held cash account.
4. Withdrawals
Minimum. You can request a withdrawal once your available balance reaches at least $10.00.
How to request. Request a withdrawal from your dashboard and provide a payout destination — currently a PayPal address or Venmo handle. Additional methods may be added over time.
Review and payment. Withdrawal requests are reviewed and paid manually by Outloud. A request moves from requested to approved to paid, or may be rejected. We do not currently process payments automatically, so there is a processing time between your request and payment.
If a request is rejected. If we reject a withdrawal request, the reserved amount returns to your available balance. We will tell you the reason.
Payment method accuracy. You are responsible for the accuracy of the payout destination you provide. We are not responsible for funds sent to an incorrect PayPal address or Venmo handle that you entered.
5. Adjustments and corrections
Store-reported revenue is sometimes corrected, reversed, or restated after the fact (for example, for refunds, chargebacks, or fraudulent streams the Store later removes). We may correct recorded earnings to reflect what we actually receive. We do not reduce earnings below amounts you have already withdrawn.
6. Taxes
You are responsible for any taxes you owe on the royalties you earn. Outloud does not withhold taxes from your payouts.
7. Account closure and deleted releases
Your record of earnings and withdrawals is retained even if a release or your account is removed, so that we keep accurate financial records and you keep proof of what you were paid. See the Privacy Policy for more on retention.
8. Changes
We may update these Royalty & Payout Terms from time to time. If we make material changes — for example, to plan percentages, the withdrawal minimum, or available payout methods — we will take reasonable steps to notify you before they take effect. Changes do not reduce royalties you have already earned.
9. Contact
Questions about royalties or payouts: contact@outlouddistro.com
[LEGAL ENTITY NAME]
[BUSINESS ADDRESS]