Ledo offers music makers the option to split any royalty income they earn with a track through Ledo’s distribution service with their contributors (for example other artists or creatives they worked with on that track) directly, as well as with individual members of their own profile(s) (for example their manager, lawyer, or a composer). To split your Ledo distribution royalties for a certain track with a contributor, all you need to do is register to Ledo and create a profile for the artist, band or group you wish to represent, invite your contributors to join Ledo and set the royalty splits for each contributor. As soon as you have allocated a royalty split to your contributor(s), your contributor(s) will automatically receive payment of their royalty split, together with a statement, directly through Ledo. In case you work with multiple artists, every artist must have their own Ledo user account and build their own profile. Royalties are accounted and paid out monthly. Only the uploader of a track can allocate, stop or change any royalty splits allocated to other profiles. Royalty splits can be set and changed in the royalty split section or track details for each track.
Example royalty split between music makers and their contributors:
Lemon (feat. Drake) - N.E.R.D & Rihanna
Profile - Rihanna 35%
Profile - N.E.R.D 35%
Profile - Drake 30%
TOTAL 100% royalties