Yes, with iGroove, you have the option to share your release earnings with your partners. This can be set up directly through the app or desktop version.

You can set the participation for each individual song. Once you have recorded the participation, your partners will automatically receive a notification and have access to their personal iGroove account as well as the iGroove app. By accessing the trend data of the respective songs, your partners can see how they perform at any time.

You can also specify for each deal whether withholding tax should be included or not. This way, all your partners are correctly recorded from the start and you can save yourself a lot of paperwork.

Payments are made monthly from iGroove to all participants’ accounts. Each participant can independently choose when and how often to withdraw their credit.

Costs:

There are no costs for those who set up deals. Due to the effort involved in paying out to partners, we charge a small payout fee of 8 USD per transaction. This fee only applies to artists who are not already iGroove customers, i.e. those who only use iGroove as a partner without releasing their music through us.

All participants receive credit every month and are free to decide when and how often they want to withdraw it. For example, this could be every three months or once a year. This is a clear advantage over other providers such as DistroKid, who charge a fixed monthly fee of $10 per partner.

The forecasts display your expected streaming revenues for the next 6, 12, and 24 months. They were calculated using your historical streaming data by our artificial intelligence, Muse.

The probability display provides additional planning security.

The “Next Payouts” widget helps you plan for the upcoming months by showing how much you can expect to receive from iGroove over the next three payouts.

The completeness indicator shows how much of that has already been achieved.

You can view your sales figures and detailed information on your streams and sales directly in your iGroove account at any time. There are two different views available.

Sales trends:

Here, you can view provisional earnings for downloads, streams, and pre-orders. The data is visible with a delay of 1-2 days. However, the sales trends are provisional, as we only receive the number of streams from DSPs, not the amount earned. The figures shown are based on experience values. With the aid of our artificial intelligence “Muse”, we can achieve over 98% accuracy.

Since these streams and downloads have not yet been settled with the stores, they cannot yet be credited. The final settlement may differ from the sales trends due to currency fluctuations and corrections by the shops. If streaming figures are manipulated, for example by bots, there may be larger deviations between trend data and adjusted credit data. It should also be noted that we do not receive trend data from all shops.

Credits:

To view your earnings from streaming and downloads that have already been settled with the stores, go to “My credit” → “Balance” or directly to the respective release.
A credit invoice is generated every month and credited directly to your account.

Depending on the store, it may take up to six months for a download from the sales trend view to be settled with the stores. This is because some smaller shops only settle with their partners twice a year. You can see the credited time period under “Paid out periods”.

iGroove pays out the net revenue generated through platforms like Spotify, Apple Music, and Amazon Music, minus our agreed-upon share.

Downloads:

As a distributor, we receive only a portion of the sale price from download shops. These payouts vary by shop. For instance, iTunes pays us about €0.71 for a song priced at €0.99. This amount can fluctuate due to factors like different taxation and pricing across countries.

Streams:

Determining earnings per stream is even less precise than for downloads. It varies significantly based on factors such as the streaming country and the listener’s subscription type.

You can view the exact details of your earnings in your account. For any further questions, please contact our support.