The process of importing reports and paying royalties is carried out on a monthly basis. This process involves the Finance and Legal & Fraud Prevention teams at Random Sounds.
Actors
DSP: Digital Music Platforms.
Random Sounds (RS): Random Sounds, provider of the White Label service for music distribution.
White Label Distributors (WL): Client of the White Label service for music distribution provided by Random Sounds.
Users of White Label Distributors (Users): Clients of White Label Distributors.
Actions
Step | Action | Term |
1 | DSPs send royalty reports to RS | 2-8 weeks after each period |
2 | DSPs send royalty payments to RS | 7-9 weeks after each period |
3 | RS Legal & Fraud Prevention team analyzes royalty reports sent by DSPs | 0-1 weeks after steps 1 y 2 |
4 | RS imports royalty reports and updates WL balances | 0-1 weeks after step 3 |
5 | RS pays royalty balances to WL through Trolley | 0-1 weeks after step 4 |
6 | RS updates balances and reports of Users | 0-1 weeks after step 5 |
7 | Users request payouts of balances to WL | Anytime after step 6 |
8 | WL payouts balances to its Users | Anytime after step 7 |
Timeline
Important:
This is the ideal and standard schedule for DSP reporting and payment periods, but it is quite common for some DSPs to delay their reporting and payment. Consequently, this process will be delayed for those specific periods affected by the DSP’s delays.