What are royalty payment schedules?

What are royalty payment schedules?

Royalty payment schedules outline when and how royalties are paid to creators or rights holders. They can vary by contract.

How often are these payments typically made?

Payments can be made quarterly, biannually, or annually, depending on the agreement between the parties involved.

What factors can affect the payment schedule?

Factors include the type of work, sales performance, and specific terms negotiated in the contract.

Can I negotiate my royalty payment schedule?

Yes, you can negotiate your payment schedule before signing the contract, so it's important to discuss your preferences.

What happens if a payment is late?

If a payment is late, you should review your contract for terms regarding late payments and consider contacting the payer.