Finance

Royalties in Velveteen

Updated June 12, 2026

The short answer

Velveteen royalties are the earnings Velveteen tracks and pays out through your account, mainly recording royalties from DSP reports and direct-sale credits. They flow through track shareholders, balances, payout requests, and statement records.

This is the product view of royalties inside Velveteen. Publishing royalties and PRO collection are separate from Velveteen's master royalty balance.

Royalty building blocks

Royalty reports

Imported statement periods from FUGA, with summaries and PDFs.

Shareholder snapshots

The track shareholder state used when a report period is processed.

User royalty reports

Per-user statement records created from the imported report.

Client balances

The available balance that payout and credit workflows read.

Payout requests

Requests to pay out available royalty balance.

How money moves

  1. 1

    Reports are imported

    Velveteen imports a royalty statement and stores the report period.
  2. 2

    Shareholders are applied

    Track shareholder snapshots determine who receives what share.
  3. 3

    Balances update

    Calculated credits update client balances and ledger entries.
  4. 4

    Payouts are requested

    Users with payout details and enough available balance can request payout.

Frequently asked questions

Are publishing royalties included?+

No. Velveteen's royalty balance is for the earnings Velveteen processes. Publishing collection remains separate.

Where do splits come from?+

They come from track shareholders and snapshots used for the report period.

Where do payouts appear?+

The Royalties page shows balance, payout history, and request state.

Can sales credits affect balance?+

Yes. Direct-sale credits are inserted into client balances through the sales flow.

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