3 tone loho

ROYALTY PAYOUTS

ARE CHANGING

 

 

 

We are happy to announce that from now, our royalty payout threshold will be lowered from £100 to £50. This will allow us to pay out more artists and get your hard earned royalties into your pocket. We have also made a few changes to our royalty payout process to ensure that you are in full control of your payouts.

 

Where can I see what royalties I have earned?

To see what royalties you have earned, log in to your 3tone Music dashboard and go to the Reporting tab. Here you will be able to view your Monthly Royalties, Yearly royalties and all royalties to date. 

You will also be able to see your earnings broken down by country of usage, source DSP and top earnings releases and tracks.

 

How do I request royalties?

To request a payout of your royalties log into ‘My Account’ on the 3tone Music website, here you will see a Royalty Request button. Our team will receive your request and review your available balance, if your balance is above £50, we will process your request for payment. 

The deadline for requesting royalties is the 23rd of each month, and payouts will be made on the 1st of the following month. Please allow 3-5 business days after the ‘Payment Made’ date for the royalties to hit your account. 

Once your royalty request has been received by the royalties team, your statement of account will be sent to your email address showing your closing balance for the month.

 

Minimum Payout Threshold

We have a £50 minimum payout threshold, if your balance is below this amount your royalties will roll over to the following period until you meet the threshold. You can keep your royalties in your account until you are ready for payout.

 

Does the money get paid straight into my account?

To minimise transaction fees we use Wise to make payouts. We will send a payment link to the email address registered to your account. Please follow the instructions in the email to securely  withdraw your royalties to your bank account. You should not be charged any transaction fees using this method, however if you are receiving money into a non-UK bank account your royalties will be subject to exchange rates. 

 

How can I get a detailed breakdown of all of my royalties?

If you would like to view a detailed report of your royalties, please write to our royalties team at royalties@3tonemusic.co.uk stating which month you would like to view. You will then receive a CSV file showing all of your sales data for that month. 

 

I have requested payment, when will I get my royalties?

We have a payout schedule which you can see below. This gives you the deadlines for submitting payment requests and when to expect payout. Please allow 3-5 business days after the ‘Payment Made’ date for the royalties to hit your account.