Assign a percentage to every person on a song the moment you upload it, then never think about it again. Whether it's a clean 50/50 with a co-writer or a five-way split between a producer, two writers, a featured vocalist, and a mix engineer, LUCY routes each person's exact share the day royalties land. Because LUCY takes zero commission, every cent of the split is real money, not a number minus a distributor cut.
Set percentages to two decimal places, e.g. 33.34 / 33.33 / 33.33. Different splits per track on the same release, no problem. Splits apply across all hundreds of stores LUCY delivers to
Invite collaborators by email and they get their own dashboard to see exactly what they've earned, with no access to the rest of your catalog or your money. Each person withdraws to their own bank account or PayPal, so you stop being the unpaid accountant chasing Venmo requests after every payout. New collaborators can claim their share in minutes without paying for a subscription.
Collaborators see only their tracks and their earnings. Each payee withdraws independently, on their own schedule. No more manual transfers or screenshotting statements
Every split goes to each named collaborator for review, so nobody is surprised by their cut six months later. Once everyone confirms, lock the split to freeze it, which prevents accidental edits and gives you a timestamped record of who agreed to what. For labels and managers, a CSV import lets you set thousands of splits across an entire catalog at once.
Approval requests sent to each payee before money moves. Lock finalized splits to create a tamper-proof agreement. Bulk CSV import for large catalogs
Royalty splits are a crucial aspect of the music industry, especially for independent artists who often collaborate with other musicians, producers, and songwriters. Every time a track generates revenue, whether through streaming, downloads, or sync licensing, it’s essential to ensure that the earnings are distributed fairly among all contributors. LUCY Sounds simplifies this process by allowing artists to set specific percentages for each collaborator. This means that once you've established the royalty splits, you can focus on creating music without worrying about the tedious calculations or payment logistics. For instance, if you and a co-writer agree that you will receive 70% of the royalties while they take 30%, you can input these percentages into the LUCY app, and it will handle the rest, automatically distributing the earnings directly to your individual accounts each month. This automatic payment system not only saves time but also fosters transparency among collaborators. Artists can trust that they will receive their fair share without the need for constant reminders or manual payments. Moreover, this feature is vital in avoiding disputes over unpaid royalties, as each collaborator can see their earnings in real-time. For those new to music collaboration, understanding how to set and manage these splits is key to maintaining healthy working relationships and ensuring that everyone feels valued for their contributions. By taking advantage of LUCY’s user-friendly interface, you can easily navigate the complexities of music royalty splits and keep the creative process flowing smoothly.
Set specific royalty percentages for each collaborator effortlessly.. Trust the automatic payment system to distribute earnings monthly.. Avoid disputes with transparent, real-time earnings visibility.
Setting up royalty splits in LUCY is a straightforward process that empowers independent artists to manage their collaborations efficiently. To begin, you’ll need to create a project for your track within the app. Once the project is established, you can invite collaborators to join and specify their contribution percentages. This feature is especially beneficial for songwriters who may be working with multiple partners on different tracks. For example, if you collaborate with a vocalist and a producer on a single song, you can easily allocate 50% of the royalties to yourself, 30% to the vocalist, and 20% to the producer, ensuring that everyone is compensated fairly based on their input. After setting the splits, LUCY takes care of the calculations and payments automatically. Each month, as your track generates revenue, the app will distribute the earnings according to the predefined percentages. This not only streamlines the payment process but also helps you maintain accurate records for tax purposes. It’s essential to keep communication open with your collaborators about the splits, especially if changes occur, such as adding a new contributor or altering existing agreements. Regularly reviewing the splits can prevent misunderstandings and ensure that all parties are satisfied with their compensation. Additionally, LUCY provides a platform for you to lock in your agreements. Once you and your collaborators are in agreement about the splits, you can approve and lock them in, preventing any changes without mutual consent. This feature is critical for maintaining trust and accountability within your collaborations, as everyone knows their earnings are secure and agreed upon.
Easily create projects and invite collaborators to set up splits.. LUCY automatically handles calculations and monthly payments.. Keep communication open to prevent misunderstandings about splits.
Establishing clear and fair music royalty agreements is essential for maintaining positive relationships among collaborators in the music industry. When you set up royalty splits in LUCY, it’s advisable to have open discussions with your collaborators about each person’s contributions to the project. This conversation is crucial as it helps to ensure that everyone feels valued and fairly compensated for their work. A common mistake is to assume that contributions are equal without discussing them, which can lead to disputes later on. By being transparent about the roles each person plays—whether it’s writing lyrics, composing melodies, or producing the track—you can agree on splits that reflect those contributions accurately. Another best practice is to document your agreements formally, even if it’s just within the LUCY app. This documentation can serve as a reference point in case any disagreements arise down the line. It’s also a good idea to periodically revisit your agreements, especially if the track gains traction or if new collaborators join the project. Regular check-ins can help ensure that everyone remains satisfied with their share and that the agreements still reflect the current contributions. Lastly, consider using LUCY’s locking feature to finalize your agreements. Once you and your collaborators are all on the same page, locking in your royalty splits can prevent any unauthorized changes. This step is crucial for maintaining trust and ensuring that everyone receives their rightful share of the royalties without confusion or conflict. Following these best practices not only promotes a collaborative spirit but also enhances your professional reputation as an independent artist committed to fairness and transparency.
Discuss contributions openly to agree on fair splits.. Document agreements to serve as a reference point.. Use LUCY’s locking feature to finalize and secure splits.