How to Handle DistroKid Artist Payouts and Add Team Members

Managing the distribution and payout of your music royalties is crucial for any independent artist. DistroKid is one of the many platforms that help you with music distribution, but understanding how to handle payouts and add team members to your account can be complex. In this article, we will delve into the details of DistroKid payouts and the step-by-step process to add team members to your DistroKid artist account.

Understanding DistroKid Payouts

DistroKid is known for its simplicity and efficiency in delivering your music to various streaming platforms, but it also helps you manage how you get paid. Here’s a breakdown of how the payout system works on DistroKid and how you can make sure you receive your royalties in a timely fashion.

How Payments are Calculated

DistroKid collects royalties from various streaming platforms and digital stores where your music is available. These include Spotify, Apple Music, Amazon, and others. The revenue generated is pooled and then distributed to you based on the specific agreements and rates these platforms offer. Typically, the payouts are subject to any fees DistroKid charges, which are clearly outlined in their pricing plans.

Receiving Your Earnings

When it comes to receiving your earnings, DistroKid provides several options for withdraw your funds. Generally, you will find your earnings displayed in your DistroKid account dashboard. To withdraw your earnings, follow these simple steps:

1. Log into your DistroKid account.
2. Navigate to the "Bank" section of your dashboard.
3. Review your available balance and payment history.
4. Initiate a payout by selecting your preferred payment method, such as PayPal, direct deposit, or check.

Note that it can take some time for your earnings to show up in your account after they have been generated due to the reporting schedules of the individual platforms.

Payout Frequency

DistroKid typically makes payouts monthly, although the timing can depend on the data they receive from streaming platforms. While they strive to be as timely and accurate as possible, there might be some delays due to the complex nature of music royalty reporting.

Adding Team Members to Your DistroKid Artist Account

As your music career grows, you might find the need to collaborate with other professionals to manage your music distribution and royalty payments. Adding team members to your DistroKid account can help streamline this process by granting specific access to the people who help manage your career.

Step-by-Step Process to Add Team Members

Follow these steps to add team members to your DistroKid artist account:

1. Log into your DistroKid account.
2. Go to the "Teams" section of your dashboard.
3. Click on "Add Team Member."
4. Enter the email address of the person you want to add, and assign their role. Possible roles include manager, co-artist, or other support roles depending on your needs.
5. Set the percentage of earnings each team member will receive. This ensures that if you, for example, have a collaborator who needs to receive a portion of the royalties, this process is automated.

You can add as many team members as you need, and you can set and adjust the payout percentages for each member based on your agreements. This feature is particularly useful for artists who collaborate with multiple individuals or have a robust team supporting their music career.

Managing Team Payments

DistroKid’s team feature automatically splits payments based on the percentages you’ve set when you added team members. This ensures that all stakeholders receive their fair share without manual calculations and reduces the risk of errors.

If any team member's role changes or you need to adjust their percentage, simply go back to the "Teams" section and update their details. This allows for flexibility and ensures ongoing accurate payments to your collaborators.

Advantages of Collaborating with a Team

Working with a team not only helps distribute your workload but also opens up new opportunities for your music career. Here are some key benefits of having a collaborative team:

• Shared Expertise: Working with individuals who bring different skills to the table can significantly elevate the quality of your music and promotional efforts.
• Efficient Management: Allocating specific tasks to team members ensures that you can focus on creating music while others handle distribution, marketing, and financial management.
• Extended Network: Team members often have their networks, which can help in promoting your music and expanding your reach to new audiences.

Adding team members and managing payouts efficiently using platforms like DistroKid will help you grow your music career more effectively. However, if you are looking for a more comprehensive solution, consider registering as a SoundOn artist.With SoundOn, you can not only manage your music distribution but also access exclusive partners like TikTok and CapCut, which can further enhance your promotional efforts and increase your fan base. Click here to learn more about becoming a SoundOn artist.

Conclusion

Understanding how to manage DistroKid payouts and add team members to your artist account is essential for streamlining your music distribution and ensuring everyone involved in your music production gets their fair share of royalties. By following the steps outlined in this guide, you can focus more on your creativity while efficiently handling the business side of your music career.

Remember, the music industry's landscape is continually evolving, and staying updated with the latest tools and platforms can greatly benefit your journey as an artist. Consider exploring platforms like SoundOn that offer extensive features to help you thrive.