beatBreadGlossary
Get definitions for the terms we use throughout the funding process
RESOURCE LINKS
Advance Estimate
beatBread’s system pulls and analyzes thousands of data points to estimate what size advance artists qualify for. While beatBread needs to verify this data using artists’ distribution reports to make a confirmed offer, the advance estimate lets you know your approximate advance amount will be. Make sure to set your ownership and estimated earnings on the Verify Data page so you get the most accurate estimate.
Distributor
Distributors get music out there, whether it’s through streaming services, CDs, or good old vinyl. beatBread is not a distributor but works with most of them.
Sound Recording
Exactly what it says (usually a song or track in beatBread world)! Historically, when artists sign with labels, they no longer have ownership of their recordings. With beatBread, artists keep 100% ownership of their recordings.
Record Label
Record labels recruit, develop, and promote artists. Unlike beatBread, labels typically keep ownership of artists’ sound recordings, and call the shots on marketing and distribution partners. beatBread is not a label.
Fully Recouped
When you have repaid your beatBread advance from a share in of your streaming and SoundExchange income.
Synch
A Synch (or synchronization) license gives someone else the right to use a sound recording in conjunction with a visual – e.g. in a movie or commercial. There will typically be a fee paid. With beatBread, you keep 100% ownership of your synch income.
Confirmed Offer
beatBread uses distribution reports to verify artists’ data; a confirmed offer is the finalized advance amount you’ll get from beatBread. After you accept a confirmed offer beatBread will send a contract through DocuSign.
Distribution Report
Typically available in your account on your distributor’s website, detailed distribution reports allow beatBread to verify your streaming data, and other information we use to build your confirmed offer.
Offer Terms
Artists can choose various parameters of their advance offer, including term length, which songs they want to include, and what percentage of income they want to receive during their term.
Royalty (or Recoupment) rate
In a beatBread deal this is the percentage of your streaming income that goes towards recouping your advance.
Streaming Income Share
This is the percentage of the total income that an artist receives when their songs are streamed (e.g. after splits with collaborators, producers etc.).
Advance Estimate
beatBread’s system pulls and analyzes thousands of data points to estimate what size advance artists qualify for. While beatBread needs to verify this data using artists’ distribution reports to make a confirmed offer, the advance estimate lets you know your approximate advance amount will be. Make sure to set your ownership and estimated earnings on the Verify Data page so you get the most accurate estimate.
Confirmed Offer
beatBread uses distribution reports to verify artists’ data; a confirmed offer is the finalized advance amount you’ll get from beatBread. After you accept a confirmed offer beatBread will send a contract through DocuSign.
Distributor
Distributors get music out there, whether it’s through streaming services, CDs, or good old vinyl. beatBread is not a distributor but works with most of them.
Distribution Report
Typically available in your account on your distributor’s website, detailed distribution reports allow beatBread to verify your streaming data, and other information we use to build your confirmed offer.
Sound Recording
Exactly what it says (usually a song or track in beatBread world)! Historically, when artists sign with labels, they no longer have ownership of their recordings. With beatBread, artists keep 100% ownership of their recordings.
Offer Terms
Artists can choose various parameters of their advance offer, including term length, which songs they want to include, and what percentage of income they want to receive during their term.
Record Label
Record labels recruit, develop, and promote artists. Unlike beatBread, labels typically keep ownership of artists’ sound recordings, and call the shots on marketing and distribution partners. beatBread is not a label.
Royalty (or Recoupment) rate
In a beatBread deal this is the percentage of your streaming income that goes towards recouping your advance.
Fully Recouped
When you have repaid your beatBread advance from a share in of your streaming and SoundExchange income.
Streaming Income Share
This is the percentage of the total income that an artist receives when their songs are streamed (e.g. after splits with collaborators, producers etc.).
Synch
A Synch (or synchronization) license gives someone else the right to use a sound recording in conjunction with a visual – e.g. in a movie or commercial. There will typically be a fee paid. With beatBread, you keep 100% ownership of your synch income.