When will I get paid for my Digital Distribution sales?
When will I get paid for my Digital Distribution sales?
Promoted
Response
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Sales are unfortunately not reported in real time. We receive sales reports on a monthly basis that detail the month that ended roughly 60 days prior. In short, there is a delay between when sales are made and when the money is received. To give an example, if you were to have a sale in the month of March, we would report it in June (roughly 60 days after the end of the month of March. Once funds have been deposited, you can check the stats of your sales by going to Control Room > Stats > Earnings Report. You can access the funds by going to Control Room > My Home > Bank.
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Sales are unfortunately not reported in real time. We receive sales reports on a monthly basis that detail the month that ended roughly 60 days prior. In short, there is a delay between when sales are made and when the money is received. To give an example, if you were to have a sale in the month of March, we would report it in June (roughly 60 days after the end of the month of March. Once funds have been deposited, you can check the stats of your sales by going to Control Room > Stats > Earnings Report. You can access the funds by going to Control Room > My Home > Bank.
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Why the long delay is it standard across digital mp3 online stores
Kyata-
it is not standard with CDBaby. They cut a check 30 days after sales. And it doesn't cost a yearly fee. I had to pay $60 just to leave Reverbnation Distribution.
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my question was merged within this one... and it doesnt answer my question... i was wondering if reverbnation will pay my band directly through the mail? or itunes will? or the band will have to set up a bank account....
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jason... i need to know how its possible to get paid... we have not received any information as of right now about how it all works in the grand scheme of things. so my issue is what do i need to set up to receive the payments from the itunes sales we have made
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Please refer to Johnny's response below for this information. Thanks!
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3 months later when reverbnation collects the money, they hold it for another 30 days. Then you can deposit it into your paypal. CDBaby pays 30 days after the sales are made. You will regret reverbnation distribution. Go with CDBaby, they have widgets too now.
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You are correct. We do this for fraud prevention, and to account for returns. We, however, take 0% of your royalties.
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Please include your additional questions so that we can be of assistance.
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I manage the page for Second Floor Love Story... we have set up and itunes account through reverbnation.... and we would like to know how itunes will pay us the money or if is it through reverbnation?
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Thanks for reaching out to us. You will be paid through your Reverb Bank. You can locate this in your Control Room > My Home > Bank. In order to withdraw the funds you will need to sync this up with a PayPal account.
I will also note that it takes 60 days from the end of the month in which the sale occurred for your funds to be delivered by iTunes. Feel free to let me know if you have any questions about this. -
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if thats the case, how come i have a trending report stating i have a bunch of songs purchased and the reverb bank has no money in it...???
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Please refer to the initial response to this thread that explains the delay in the reporting of official sales. Thanks!
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Hi there,
As you can see those sales were made in July and August. As noted in Johnny's previous post, sales will not appear in your RN bank as royalties until 60 days after the end of the month in which the track was sold. By that logic, tracks sold in July will show up as royalties in your RN bank at the beginning of October.
Additionally, the trending report is not official, but a rough estimation.
Hope this helps! -
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ooooooohhhh ok... so when [hypothetically] would i be able to begin receiving the money from july, aug, etc.....??? [given i have set up a paypal account already]
and just to confirm this... if songs are sold, and I wait a while... the money from the itunes never goes away, correct?-
July sales will be posted in October, August sales will be posted in November, etc. You will be paid for any and all royalties that you earn. Hope this helps!
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I did distribution to itunes and reverbnation only ever reported one sale. many people bought the album in the first month, and when only one sale was reported 3 months later, i bought it myself, and its been 5 months since i bought a copy through itunes, and still have not recieved ANY of the money other than the 1 reported sale from the first month. i let my subscription run out, and its STILL on itunes. im considering legal action. im compiling my fan's digital receipts in case i need to get the lawyer involved. ive written three emails and have received the same answer (that it takes 60 days blah blah blah). its been 5 months since i myself bought the album and i have confirmed purchases for multiple sales from the first month over a year ago.
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oops my timeline is a little screwed up, but nonetheless, its been more than enough time for the sales to be recorded.
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Hi Positi/ve,
sorry for the trouble! We have paid out all artists for sales made through December. If you believe there were purchases made that you have not been paid for, i"ll be happy to file an investigation. All I need from you is proof of purchase or a receipt for a purchase that is not accounted for in your earnings report. You can always double check that by going to your control room -- stats -- earnings report.
Please send me receipts for purchases made that you were not paid for that were made December 31st, 2011 or before to digitaldistribution(at)reverbnation.com and I'll be happy to help! -
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My Bank shows that I have around $50 in sales for the last month, but when the only options I have to redeem it are for special services... The "Pay Me" oval is turned off... When I click the ? "About this Page" it says I may not have sufficient funds to withdraw... how much do I need to have to withdraw it to paypal? It is synced properly.
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Hi Naama,
This is an expired thread. In the future, please email us at support(at)reverbnation.com or start a new post please.
Please note the "Date Avl." column in your RN bank.
Accordingly, you can withdraw these funds on August 15th. You can withdraw funds from you RN bank once you have at least $5 available. Those funds will become available on August 15th.
Hope that helps!-
Hi Patrick,
Gotcha! Duh, I could've figured that out... Thank you for replying so quickly! -
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