Artist Payouts
The Artist Payouts system helps labels manage royalty payments to their roster. Track earnings per artist, generate statements, manage expenses, and record payments — all from one place.
Key concepts
Section titled “Key concepts”| Concept | What it does |
|---|---|
| Artist accounts | Financial profiles for each artist on your roster, tracking balances and earnings |
| Ledger | Running record of all credits (earnings) and debits (expenses, payments) per artist |
| Expenses | Costs charged to an artist — advances, marketing, production, and more |
| Statements | Period-based summaries of an artist’s earnings, deductions, and net payable |
| Payments | Recording actual payments made to artists after statement approval |
How it works
Section titled “How it works”- Royalties come in — When streaming platforms report earnings, LabelGrid credits each artist’s account based on their royalty split percentage
- Expenses are tracked — Advances, marketing, and other costs are deducted from balances
- Statements are generated — Monthly or quarterly summaries show what each artist is owed
- Payments are recorded — When you pay an artist, mark the statement as paid
Guides
Section titled “Guides”- Artist Accounts — Setting up and managing artist financial profiles
- Ledger and Transactions — Understanding the running balance and transaction history
- Expenses — Adding and managing expenses charged to artists
- Statements and Reports — Generating, reviewing, and exporting artist statements
- Payment Workflow — Processing payments and recording payment details
Getting started
Section titled “Getting started”To start using Artist Payouts:
- Navigate to Royalties in the main menu
- Select Artist Accounts to view your roster’s financial profiles
- Artist accounts are created automatically when you assign royalty splits on releases
Need help?
Section titled “Need help?”Questions about managing artist payouts? Contact our support team.
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