Royalty & payout: music distribution help

How earning dey reach your bank account. How much of my royalty una dey keep? When and how I go collect money? Why my royalty reporting dey delay? I fit split earning with collaborator? Spilix advance na loan? Interest dey? How long advance dey take recoup? Wetin if my catalog no recoup fully? Other advance fee dey? I fit apply for the two advance type?

• How much of my royalty una dey keep? — For each reporting period, the royalty wey dem collect from store (after any withholding tax) dey reduced by flat 10% Spilix distribution fee, and the remaining 90% dey credited go your Spilix Wallet (Terms, Section 6). No per-release fee and no label-style revenue share. Content ID na separate: Spilix dey take 20% commission on the revenue wey e claim for you (you keep 80%), and Publishing Admin carry 15% commission on publishing royalty wey dem collect.
• When and how I go collect money? — Store dey report and pay royalty into your Spilix Wallet every month. Once your available balance reach $100, you fit request withdrawal from the Revenue page go the SWIFT bank account wey you register for your dashboard; below that, the balance go just carry over go the next month. Bank and intermediary transfer fee dey deducted from the payout.
• Why my royalty reporting dey delay? — Reporting dey lag the listening month by around two to three months because na the schedule wey the streaming service dem demsef dey report on — no be Spilix delay.
• I fit split earning with collaborator? — No be automatic. All royalty for a release dey credited go the Wallet of the account wey distribute am, and na only the account owner fit request payout. You fit see earning per release and per artist for the Revenue page come pay collaborator yourself from that report.
• Spilix advance na loan? Interest dey? — E no be loan. Na advance — Spilix dey buy forward portion of your future royalty. No interest. If revenue no reach projection, you no dey owe — na Spilix dey carry the risk.
• How long advance dey take recoup? — E depend on advance size and streaming velocity. Project advance normally dey recoup for 6-18 months. Catalog advance for 12-36 months. After recoup, 100% royalty go flow back go you as usual.
• Wetin if my catalog no recoup fully? — You no dey owe Spilix anything. Na us fully dey carry the risk. Na im make we dey evaluate well before we make offer.
• Other advance fee dey? — No setup fee, no hidden fee. Spilix dey only earn the margin between the advance amount and the royalty wey recoup (normally 10-20% margin per case).
• I fit apply for the two advance type? — Yes. Plenty artist dey apply for catalog advance first for working capital, then project advance for one specific big release.