And how it works.
Transparent. Automated. Fair. Diamond Royalties collects, tracks, and distributes music royalties using a pooled system designed to benefit artists, DJs, bands, and labels.
🏦 What Is the Royalties Pot?
The royalties pot is a shared pool of income generated from:
- Radio play (including Soundwave FM and partner stations)
- DJ sets and live performances
- Streaming and playlist usage
- Monthly interest earned on pooled funds
Each registered track contributes to and earns from the pot based on verified usage.
📊 How Usage Is Tracked
- Every play is logged via the Diamond system
- Usage data is matched to registered tracks
- CSV logs and live panels show who played what, when, and where
- External notifications are sent to PRS, MCPS, and other royalty bodies
🔄 How Payouts Work
- Monthly calculations determine each track’s share of the pot
- Artist splits are applied automatically (based on your admin settings)
- Interest earned is added to the pot before payouts
- Members receive detailed breakdowns via their dashboard
🧮 Example Breakdown
Let’s say the pot for this is £10,000:
- £9,000 from usage
- £1,000 from interest
- Track A was played 10% of the time
- Track A earns £1,000
- Artist splits: 70% to producer, 30% to vocalist
- Final payouts: £700 and £300 respectively
This example is based on no caps or term length being applied