iGroove pays you 92% of the net revenue generated by third-party shops such as iTunes, Spotify, Amazon etc.. iGroove AG’s own download shops and tools (purchase via SMSTracks.com, SMS or Widget) work with a fair trade shop commission of 8% of the sales price.
Important to know: The external music stores (iTunes, Spotify, Amazon etc.) only pay a portion of the sales price to the artists / partners or primarily to us as distributor. Depending on the Music Store, these payments can vary. For example, iTunes pays us an amount of about EUR 0.71 for a song download with a sales price of EUR 0.99 as distribution. This value can fluctuate, because for example the deductions can vary by different taxation. (For example the value added tax: Germany 19%, Switzerland 8%) In the end, 92% of the net revenues does not mean 92% of the sales price, but 92% of what the music stores pay us.
Sale via iTunes
Selling price EUR 0.99 (CHF 1.50)
Payment from iTunes EUR 0.71 (CHF 0.86)
Commission (8%) EUR -0.06 (CHF -0.07)
Artist gets EUR 0,65 (CHF 0,79)
Sale via SMSTracks.com (without SMS) (1 song)
Selling price EUR 0,99 / CHF 1,50
Artist gets EUR 0,60 / CHF 1,08
Sale via SMS Switzerland CHF (1 Song)
Selling price CHF 1,50
Artist gets CHF 0,78
The revenue from streams varies and depends on various factors, such as in which country the song was streamed.
You can find the exact details of your income in your account. If you have further questions please contact us: [email protected]