Generally, advances are transferred to your bank account within 2-3 working days after the contract has been concluded and the necessary data has been provided.

Several factors play a role in determining the advance payment amount. Your previous successes, sales/streaming figures, and reach primarily influence its amount. We use artificial intelligence to determine the amount and probability of future earnings. We do not calculate the emotional value or a “hit factor,” but rely solely on the facts and figures of your previous releases.

The amount of the advance depends on several factors, including your previous successes, sales/streaming figures, your reach, and the scope of the upcoming project. The advance is intended to be recouped through the earnings of the corresponding releases within a specific period. Therefore, the commercial potential of both you and the release also plays a crucial role. iGroove pays advances starting from EUR 1,000.

Advances are regularly possible with a participation of iGroove of at least 14% and a release evaluation period of at least one year.

Final conditions are flexible and can be chosen by the artists themselves within a given framework. Artists can decide which songs are included in the advance contract, and whether they prefer a shorter term with a lower advance for maximum flexibility or a longer term with a higher advance payment, typically.

There is no obligation to transfer a specific number of catalog releases to us. However, your advance will generally be higher the more releases you transfer to us.

As an existing customer, you can also apply for an advance payment for an upcoming project. This will be evaluated and paid independently of your back catalog. However, if you transfer your back catalog, you have the chance to receive additional funds.

To distribute your releases through iGroove and apply for an advance, you must own the necessary distribution rights.

For both catalog recordings and upcoming releases, check the contractual situation for the corresponding releases. If obligations to another party still exist, you must clarify this situation in advance. Violating these obligations can have serious (legal) consequences for you as an artist and for us as a distributor. If you are unsure, please feel free to contact us and we will try to support you with any questions you may have.

After a thorough examination, we provide advances for both back catalogs and upcoming projects. Combining both can even lead to a larger financial cushion.

Existing customers can apply for an advance directly through their account. However, if you don’t have an account with us, you can still request a non-binding calculation of the market value of your music (back catalog) here.

iGroove bears a high economic risk with advances.

Therefore, we review every advance request for commercial aspects and calculate whether the advance can be recouped in a reasonable amount of time or not. These are usually the reasons for rejection.

We require access to your Spotify for Artists account solely for the purpose of creating the offer. Once you have received the offer from us, you can deactivate the access. Please note that we only have read-only access and cannot make any changes to your account or publish anything on your channels.

Granting iGroove read-only access to your Spotify for Artists account significantly simplifies the process of calculating advance payments. With this access, we no longer need to manually transfer numbers such as monthly listeners and followers. This allows us to calculate your offer much more quickly, and you will receive your payment much faster.

No, you will not be personally liable for the advance payment, as long as the contract is properly fulfilled. The advances only apply to the releases that are contractually agreed upon and do not need to be recouped with other releases unless stated otherwise.