If UnitedMasters’ Real-Time Royalties feature is made available to you, the following additional terms apply.
Beginning January 21, 2025, PARTNER and SELECT artists will have the ability to opt-in to non-returnable advance payment of Net Sums based on historical revenue reporting data and your reported daily stream counts available to UnitedMasters with respect to your Masters (in each case, a “Real-Time Royalty Advance”).
UnitedMaster’s offer and the amount of a Real-Time Royalty Advance will be in its (i) sole discretion; (ii) and based on your Master(s) meeting certain predicted revenue qualifications determined by UnitedMasters using an estimated per stream and royalty rate as well as a determination of good-standing for your account. UnitedMasters will then notify you if you are eligible to receive Real-Time Royalty Advance, and the amount of a Real-Time Royalty Advance for which you are eligible. If you accept, UnitedMasters will make available the amount of the Real-Time Royalty Advance in your UnitedMasters Wallet, and will charge your royalty account an amount equal to the Real-Time Royalty Advance concerned plus a service processing fee equal to five percent (5%) of the Real-Time Royalty Advanced (in the aggregate, the “RTR Balance”) in your next accounting statement. The RTR Balance will be fully recoupable against all Net Sums payable to you pursuant to the Music Distribution Terms.
Without limiting any of UnitedMasters’ rights pursuant to the Terms and/or the Music Distribution Terms, and notwithstanding your request to terminate Distribution Services with respect to all or some of your Masters, UnitedMasters shall continue to have the right to distribute and collect revenue with respect to all of your Masters until your account (including the RTR Balance) is in a fully recouped position. You will not have the ability to takedown any of the Masters which you have opted-in to the Real-Time Royalty Advance product, until all Net Sums payable to you have been fully recouped.