Too Lost offers an extremely easy and intuitive royalty split system for artists, songwriters, producers, managers, labels, rights holders, etc.
Royalty splits are used to set up automatic payments to designated users by assigning percentages of royalties generated. The recipient must have a Too Lost account (they can sign up for free here)
To use Royalty Splits, follow these steps:
- Select the “Royalty Split” option in the User Portal
- Select the track you are creating the split for
- Fill in the email and percentage for the payee (you can add as many payees as you like)
- Make sure the percentages total to 100% and press submit
IMPORTANT:
If the payee does not have a Too Lost account, they will receive an email notifying them that the split was created and to create an account. If they do have an account, the split will connect to their account ONLY if you add the correct email address.
Additionally, if a payee has a free Too Lost account, which is subject to a 15% administrative fee, they will still earn 100% of any splits directed to their account. That 15% fee only applies to their own releases that are distributed from their own account.
Lastly, when adding a payee email address, this does not need to be their PayPal email address. The payee will be able to configure their own payout preferences in their account.