Payouts & Fees
Last updated: 06/01/2022
Transparency is important to us and we would like everyone to understand how we pay musicians for their work.
In order to provide a fair and balanced rate, we will divide the proceeds into two portions:
- Beatspoken Fee
- Amount charged by Beatspoken LLC. for use and maintenance of the service, payment and processing fees, and marketing costs. Currently: 25% of the total amount.
- Total Payout
- Amount received by musicians after deducting Processing Fees and Beatspoken Fee.
Examples
Since the Processing Fees have portions that are a fixed amount, your payout may vary based on the amount paid per project. As the projects increase in cost, musicians payouts increase since Processing Fees will make up a smaller percentage.
| $30 Project | $100 Project | |
|---|---|---|
| Beatspoken Fee | $7.50 | $25.00 |
| Total Payout | $22.50 | $75.00 |
Note: You will always see the total payout for each project on the top left hand side of the project card when searching for auditions.