When will Creative Participants be paid?

Creative Participants will receive payments from SoundExchange the next pay period in which the Featured Artist receives payment (either the following month or the following quarter depending upon the structure of the Featured Artist’s account) after the valid LOD becomes active with a couple caveats listed below.

1) The Creative Participant’s royalty balance must meet SoundExchange’s payment threshold of $10.00 in order to be paid. Monthly payments will be sent to Creative Participants via direct deposit or other electronic means, otherwise, payments will be made quarterly by check.

2) As stated above, payments for Creative Participants will only be sent when the Featured Artist receives a payment. Thus, if the Featured Artist does not receive payment for any reason, the Creative Participant will not receive payment for any LOD related to that Featured Artist. For example, if a retroactive LOD application results in the Featured Artist having an overall negative balance on his/her account, the Creative Participant will not be paid until the Featured Artist’s account has a positive balance and the Featured Artist resumes receiving payment. The Creative Participant will still accrue royalties during the period in which the Featured Artist is not paid. The Creative Participant will not receive those royalties until the Featured Artist is paid.