Do you need to pay your artist one royalty rate for one bit of catalogue, and a different royalty rate for another bit of catalogue? Catalogue Groups are your answer.
Catalogue Groups can be used to group catalogue items (Tracks, Releases and/or Works) together & apply specific royalty rate to revenue associated within this group. There are three steps you will need to walk through to make this work.
1. CREATE THE CATALOGUE GROUP IN YOUR SETTINGS
To create your catalogue group, go to your Settings directory and select the General page. On the Configuration tab, there is a Catalogue Group area where you can remove and add Catalogue Groups as you please.
2. ADD THE CATALOGUE GROUP TO YOUR CATALOGUE
In this step, you will specify which catalogue belongs to this group. Tracks, Releases or Works all have a Catalogue Group area; where you can add as many Catalogue Groups as required.
3. SPECIFY THE ROYALTY RATE PER GROUP IN THE CONTRACT
In your Contract, you can now specify the royalty rate(s) for your Catalogue Group. In our example below, all the revenue for a Track, Release or Work part of the group Catalogue will be paid a 55% royalty.