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Rarible Royalties | What You Need to Know

Rarible Royalties is a simple, easy-to-use royalty collection platform established to let creators take their businesses to the next level. The creators get paid their royalties on a recurring basis, and they don’t have to worry about anything. The creators only need to have a minimum of 100 followers to be considered for the service.

Rarible Royalty Differences

Royalty differences can be a headache for songwriters, who rely on those differences to help offset their publishing income. While it’s not unusual for songwriters to receive less on a song (or less on a variety of songs), the problem comes when the royalties are supposed to change based on the artist’s popularity. For example, when a new artist cuts a song written by someone else and releases that song as a hit, the artist will get more royalties than the writer.

How Do Rarible Royalties Work?

Rarible royalties work a bit differently than royalties for traditional publishing. They are shared between the distributor and the recording artist. When a distributor pushes the song to a digital retailer, its revenue is split between the company, the artist, and the distributor. Rarible royalties don’t kick in until the track sells 1,000 copies or more. Rarible royalties are typically 10 percent of the revenue.

Setting Rarible Royalties

Setting rarible royalties is often a tricky undertaking, but done right, it can be incredibly rewarding. However, setting rarible royalties doesn’t have to be a grueling process. The process should be fairly straightforward: you set up an LLC or corporation, then either hire an attorney or find someone to do the paperwork for you. You’ll also need to set up a bank account for your business and have enough cash on hand to pay for all of the expenses of running a company, including legal fees, payroll, postage, office supplies, marketing, and anything that isn’t directly related to running your business.

Collect Royalties from Non-Rarible Collections

You can collect royalties for non-audio collections you create, such as PDFs, eBooks, and documents. For how-to resources like books, workbooks, manuals, and articles, you can collect a percentage of sales revenue for books sold and a flat fee for all other non-audio files. For things like videos, you can collect a percentage of revenue for units sold and a flat fee for each download.

How Do You Split Royalties on Rarible?

Rarible empowers creators to share and receive money for their work. Whether it’s songs, videos, ideas, or photos, Rarible makes sharing and receiving royalties easy for artists. Since its launch in 2013, it has helped hundreds of thousands of creators set up Rarible accounts, publishes their work, collect money, and stay connected to their fans and customers. In 2018, Rarible added new features that make it easier for creators to share their work and break down financial barriers.

Wondering how to divide royalties and monitor your earnings from Rarible? There are a few steps to take before you can get paid your share of the revenue. Create your profile, publish your Rarible account, and begin sharing your podcast. Don’t have a podcast yet? That’s ok; Rarible has free tools to help you learn how to build your own. Once your podcast is uploaded, Rarible will distribute it to iTunes, Google Podcasts, Spotify, and other podcast apps. Once the podcast reaches 100 downloads and 10 subscribers, Rarible will pay you $1 per download. You’ll have to verify your account and complete Rarible’s tax withholding form before you earn your first payment.

Royalties are payments due to an author or songwriter from their original publisher for selling copies of their works. They are usually paid to the songwriter and can include income generated from radio, TV, live performances, etc. Royalties can also include income from streams and downloads of music.