LabelGrid Framework

How does your accounting and payment system work?

LabelGrid provide a cutting edge platform for collecting, splitting, and paying your artists and sub-labels.  The accounting system option is available only on the Basic and Pro plans (or higher).

Reporting & Splitting
After each period is complete, we collect all royalties data from the shops and streaming services, and automatically parse and normalize this data into our system.  If you have direct contracts with these outlets, you’ll need to provide the raw data to us manually or provide the logins so that we can fetch it for you.  After the periodic data import process is complete, we create royalty statements for each label as well as each artist (grouped by label).  This allows each label to pay each artist individually and keep the payables separated by label so that each label has their own accounting terms and splits for each artist.  You also have the option of creating label groups so that sub-labels can share the royalties for a single artist and a single report can be sent for both labels in a parent/sister label type setup.  Allowing both of these types of payment relationships (both spearate / sub-label and label group accounting), allows ultimate flexibility when doing reporting and payments.

Artist and Track Splitting
LabelGrid’s catalogue management suite allows you to mange royalties splits on a per track basis, but also has default split settings that you can set for each label. For example, if your label’s default agreement is to offer a 50/50 split for each artist, you can set this in your label settings, but then override this rate on a per track basis if you have a special agreement with a particular artist.  Additionally, if you have a multi-artist release, these splits are split evenly between all artists on the track, but these are also configurable so that you could, for example on a track with 3 artists, you can give one artist 50% of the proceeds, and the other 2 artists 25% each. Then when it comes time to report, these splits would be calculated automatically and based on the money left over after the label’s cut is taken out.

Payments
LabelGrid offers an integrated reporting and payments system so that you can send out royalty statements in the form of autogenerated PDF’s and CSV’s with your own company’s branding applied.  After the statements are approved you can optionally send the statements via email from our system or send the artist or label a login that allows them to view metrics, trends, and download their reports. They also get the option to update their PayPal or bank details and send you a payment request.  Once you have received these payment requests you have full control of how and when to pay them via LabelGrid’s framework.  The Send Payment option on LabelGrid provides a PayPal launcher which allows you to pay directly out of your company’s PayPal account, or if the payment recipient prefers a bank transfer, their bank details will be displayed allowing you to pay them via your bank or another service such as Transferwise.

How do I import my catalog into LabelGrid?

We offer a variety of import options, however the easiest and most immediately available option is to log into your dashboard and use the “Import from Beatport” option. This will only work if your catalog is already on Beatport.  Additionally, the Beatport import tool only imports clips, and low resolution artwork.  While we do import all metadata for each track and album which will save you lots of time, you will still need to edit each of your tracks and releases to upload the full version audio and artwork after the Beatport import operation is complete.

 

If you would like to provide an S3 bucket or other source for importing your catalog, create a support ticket with us and we will discuss your options.

What pricing plan is right for me?

NEW LG PRICING 

DISTRO ONLY

  • Subscription Cost: $0 per month
  • Earn 85% royalties
  • Includes no tools  (distribution only)

SOLO PLAN

  • Subscription Cost: $9 per month
  • Earn 85% of royalties
  • Includes marketing and automation tools
    *accounting tools not included
  • 1 label
  • First 200 tracks included
  • $0.10 per track, per month, after 200

BASIC PLAN

  • Subscription Cost: $17 per month
  • Earn 85% of royalties
  • Includes marketing and automation tools
    Includes accounting tools
  • 3 labels
  • First 200 tracks included
  • $0.10 per track, per month, after 200

PRO PLAN

  • Subscription Cost: $55 per month
  • Earn 90% of royalties
  • Includes marketing and automation tools
    Includes accounting tools
    Includes advanced / custom tools
  • 5 labels
  • First 400 tracks included
  • $0.10 per track, per month, after 400

Add-ons and options:

  • Direct distribution (Merlin, etc..)
    • $300 setup fee
    • Requires SOLO account or up
  • Tools only
    • Requires SOLO, BASIC, PRO subscription
    • Earn 100% royalties unless using our contracts
  • White label
    • Use your own branding across the entire LabelGrid framework
    • Pricing is based on your requirements
  • Additional tracks add-on
    • Can be added to any plan
    • $0.10 per track, per month

What stores and streaming services are included in LabelGrid’s distribution service?

LabelGrid’s distribution service is constantly evolving to include the most important services in the industry as well as niche outlets to expand your reach. If you have another integration or service you would like to see supported, get in touch and we are happy to look into it!

Main Services
AWA (Japan)
Beatport
Deezer
Musical.ly – TikTok
Addictech
Akazoo
Alibaba (China)
Amazon
AudibleMagic
Dubset (Mix & Remix Licensing)
Facebook (fingerprint+library)
GooglePlay
Gracenote/Nielson
IHeart
iTunes
JunoDownload
KKBOX (Taiwan)
Mixcloud
NetEase (China)
Pandora
Saavn (India)
SimfyAfrica
Slacker
SoundCloud Monetization
Spotify
Tencent (China)
Tesla
TIDAL
Youtube Monetization

Additional Services I
7Digital (multiple DSPs)
– iam+ Dial
– Electric Jukebox
– Soundtrack Your Brand
Digital-Tunes
DJTunes
DnbRadio
Symphonic
UMA (Russia)
– vKontakte
– Odnoklassniki
– My World
Yandex

Additional Services II
8Tracks
Amazon
Anghami
Boomplay
Claro
d’Music
Entertainment Intelligence
Express In Music
Medianet
Mix Upload
Music Reports
Napster (Rhapsody)
Quobuz
Spinlet
TouchTunes
YouSee/ Telmore Musik
ZVOOQ