The bi-annual payment periods are paid out by Sony as follows:
Collection Period 1 = January 1st – June 30th
- Paid out by Sony on September 30th of the current year
Collection Period 1 = January 1st – June 30th
- Paid out by Sony on September 30th of the current year
- Sony transfers royalties to BeatStars
- Cash Out is unavailable during August and September for income processed for 1H Current Year
- Cash Out is unavailable during August and September for income processed for 1H Current Year
Collection Period 2 = July 1st – December 31st
- Paid on March 30th of the following year
- Sony transfers royalties to BeatStars
- Cash Out is unavailable during February and March for income processed for 2H Prior Year.
- Cash Out is unavailable during February and March for income processed for 2H Prior Year.
Please keep in mind that it usually takes up to 14 business days for the transfer from Sony to BeatStars to be completed.
Comments
is there a minimum amount of the payments to be sent to BeatStars Wallet(is there a limit for the minimum?)? and do we have to ask for the transfer of the payment from Sony to BeatStars, or Is it an automatic thing?
Thanks in advance!
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