When HITRECORD & Netflix distributed the finished song, music video, and 6 short power stories, HITRECORD reviewed each asset by hand and account for every single contribution and artist involved.
HITRECORD made an initial assessment of how much each artist should receive based on the impact their contribution played in making the final song, music video, or power story. This assessment was posted publicly on the site, in what we call a 'Payment Proposal.'
Artists who were included in the Payment Proposal, they were emailed and notified on the site. We call it a Payment Proposal because it’s just that – what we believe to be fair for the contribution and how it’s used in the final song, music video, or power story. During this Payment Proposal period, the individual creators and the community had an opportunity to have a conversation about it. After our proposals were posted publicly, there was a two-week window for the community to provide feedback on every Payment Proposal. Maybe someone thought they were left out, or someone thought they were making too much, or too little — anyone was able to post a comment that everyone else saw, and responded to.
@Jen, from HITRECORD’s Community Team, reviewed and addressed every single concern raised. It was an open dialogue, and it was important to HITRECORD that everyone had a chance to be a part of it. Based on this discussion, we made changes or adjustments, and of course, members were informed all about it.
After the two weeks were up, HITRECORD made all final decisions and the Final Payments were posted.
Money was then paid out digitally through our payment facilitator, Hyperwallet. Everyone who was included in the Final Payments were e-mailed and notified on the site, with step-by-step instructions on how to collect their money through Hyperwallet.
The most important thing to remember is that the process was open, transparent, public, and everyone had the opportunity to ask questions and provide feedback along the way.
Plus, if the song and/or music video earned any revenue through royalties from any streaming service (Spotify, a monetized YouTube channel, etc.), additional payments to artists were made commensurate with the percentages they received for the community payment.
For more information on community payments for Project Power, please CLICK HERE.
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