After countless months of working with SoundCloud on their payment delays we regret to inform that the platform is late yet again on their March earnings. These deferments are expected to continue throughout the summer.
Per usual all YouTube, Spotify, iTunes and distribution earnings will continue to be paid on a net60 basis. Once SoundCloud earnings come in, which SoundCloud has stated should happen by the 15th of each given month, we will issue payments as quickly as humanly possible.
We understand that SoundCloud is a large part of what Repost offers, and why you choose to work with us. All in all we account for over 5% of the entire platform’s US earnings. No easy task considering we are competing with the major labels for market share. This is something we could not have accomplished had we not set out to work with BEST artists, labels, collectives and podcasters on the platform. You!
We apologize for the inconvenience and appreciate your patience as we look to further resolve this matter with SoundCloud.
More information about how payments work can be found here.