Overview of How Extrinsic Music Group Works

Comprehensive Overview of Extrinsic Music Group

Extrinsic Music Group provides an efficient and transparent system for music distribution, contract management, and royalty payments. The platform is designed to streamline the workflow for labels while ensuring that artists, producers, and other contributors receive their rightful earnings.

Once familiar with the system, managing releases becomes seamless, with automated processes handling distribution, financial transactions, and reporting.

Contractual Agreement and Licensing

To use Extrinsic Music Group, all participating artists, producers, and collaborators must sign a standard contractual agreement. This contract remains valid for five months and must be renewed upon expiration if they wish to continue using the platform.

Key Contract Features

• The contract ensures that music is properly licensed and that all contributors receive accurate royalty payments.
• It is a one-time agreement per five-month period, eliminating the need for individual contracts per release.
• No release can be distributed unless all involved parties have signed and agreed to the contract terms.
• The agreement applies to all split participants, including featured artists, producers, composers, and other collaborators.

Distribution to Digital Streaming Platforms (DSPs)

Process for Setting Up a Release

To prepare and distribute a release through Extrinsic Music Group, the following steps must be completed:

1. Artist and Contributor Registration

   • All involved parties must sign the five-month contractual agreement before any music can be distributed.
   • Once signed, they are registered in the system and can participate in multiple releases without signing new contracts during the five-month period.

2. Uploading Release Content

   • Label owners or authorized users must upload all necessary content, including:
     • Audio files in high-quality formats (WAV, FLAC, etc.).
     • Cover artwork that complies with DSP standards.
     • Metadata, including song titles, artist names, composer credits, and release details.
     • Selection of territories and DSPs where the release will be distributed.

3. Final Approval and Submission

   • Since all contractual agreements are already in place, no additional signatures are required for each release.
   • The label owner must review and approve the release before submission.
   • Once approved, the release is sent for final verification before distribution.

Quality Control and DSP Delivery

After submission, Extrinsic Music Group performs a comprehensive quality check, ensuring:

• Audio files meet professional standards and are properly formatted.
• Cover artwork complies with DSP-specific guidelines.
• Metadata is accurate and contains no formatting errors.
• Licensing and copyright compliance are verified.

Once the review is completed, the release is distributed to all selected DSPs, and the content becomes available according to the specified release schedule.

Royalty Reporting and Payment Processing

Extrinsic Music Group operates on a commission-based model, eliminating upfront fees for distribution. Instead, the platform retains a 10% commission on royalties generated through DSPs.

Royalty Distribution Process

1. Revenue Collection from DSPs

   • DSPs report revenue based on streaming, downloads, and other monetization metrics.
   • These reports are received and processed by Extrinsic Music Group on a monthly basis.

2. Commission Deduction and Royalty Allocation

   • The platform deducts its 10% commission from the total revenue.
   • The remaining royalties are automatically distributed to all contributing parties based on their pre-defined split percentages.

3. Transparency and Accessibility

   • Each account holder can view detailed royalty reports, including revenue breakdowns per DSP.
   • Statements can be downloaded for financial record-keeping.
   • Artists and contributors can transfer their earnings using the following methods:
     • PayPal
     • Payoneer
     • Bank transfer (for higher payout thresholds)

Royalty Payment Timelines

Due to industry-standard reporting delays, DSPs provide royalty data with a three-month lag. This means:

• Revenue generated in August will typically be available for withdrawal in November.
• Some DSPs may have longer processing times, depending on their individual reporting cycles.

Conclusion

Extrinsic Music Group provides a structured, transparent, and automated solution for music distribution and royalty management. By streamlining contractual agreements, ensuring compliance with DSP requirements, and automating payment processing, the platform enables labels and artists to focus on their creative work while ensuring fair and accurate compensation.

With a single contract renewal every five months, automated reporting, and seamless financial transactions, Extrinsic Music Group eliminates unnecessary complexities and offers a professional, efficient, and scalable solution for the modern music industry.