Overview
The Splits extraction captures how revenue is divided between multiple assignors on the same agreement. When two or more parties (e.g., co-artists, co-writers, artist and producer) share the assignor side of a contract, splits define what percentage each party receives.How Splits Work
Splits apply to the assignor side of an agreement. The royalty rates extracted from the contract represent what the entire assignor side receives. Splits then divide that amount among multiple parties.Calculating Effective Rates
To calculate the effective rate for a specific assignor:- Contract royalty rate: 20% of net receipts (applies to full assignor side)
- Split: Artist A 60%, Artist B 40%
- Artist A’s effective rate: 20% × 60% = 12% of net receipts
- Artist B’s effective rate: 20% × 40% = 8% of net receipts
The royalty rates shown in the Royalties section always represent the entire assignor side of the agreement. Multiply by the split percentage to determine what each individual party receives.
What Gets Extracted
Each split is displayed as a card containing:| Field | Description |
|---|---|
| Rights Type | Master or Publishing |
| Revenue Type | Specific revenue stream, if the split varies by revenue type |
| Asset Identifier | Which assets this split applies to |
| Parties | Contributors with their percentage shares |
Revenue-Specific Splits
Some contracts define different splits for different revenue types:| Revenue Type | Artist A | Artist B |
|---|---|---|
| Streaming | 60% | 40% |
| Sync | 50% | 50% |
Asset-Specific Splits
Splits can apply to:- All assets in the contract
- Specific recordings or compositions
- Particular revenue configurations
IP Group Consolidation
When a contract is part of an IP Group (multiple contracts covering the same assets), revenue allocation happens at that level. The IP Group consolidation determines:- Participation rate: What percentage of the asset’s revenue flows to each contract
- Beneficiary allocation: How each contract’s share is divided among its parties
IP Groups
Learn how contracts are grouped by shared intellectual property and how revenue is allocated across multiple agreements.
Additional Splits
Note that all splits found in the agreement are extracted, even if they don’t directly influence the primary royalties flowing through this agreement. For example, a master rights contract might also contain a writer/publishing split for reference purposes.Editing Splits
Click the edit icon to:- Add new split configurations
- Modify percentage allocations
- Assign splits to specific assets or revenue types
- Update party names