Unlimited Royalty Sources & Plan Structure Update

As we strive to build a more user-friendly platform to suit the ever-changing needs of our community, we’ve been on a continuous journey to offer greater flexibility and autonomy to our users. After months of hard work, we are beyond excited to share an important update to our royalty source template system and subscription plan structure.

Main Takeaways

• All plans have access to unlimited royalty sources.

• New royalty source templates/updates can now be autonomously implemented by users.

• Template implementation by the eddy team is now charged starting from 50€, depending on file complexity.

• Subscription pricing is now based on the volume of stored sales lines, NOT on sales value.

• The plan structure update does not impact the vast majority of users.

Introducing: the Import Template Builder

An innovative feature allowing users to autonomously create new royalty sources & sales import templates, directly within their eddy.app account.

How does it work?

Autonomous Template Creation

From now on, sources that are not currently available on eddy.app can be created directly by users. This includes new templates as well as updates to current sources due to format changes.

Step-by-step guide

For detailed instructions on how to build your first import template, please refer to this guide.

Merlin Fetcher

Merlin imports are not affected by this update. We will keep on implementing/updating templates for the Merlin Fetcher.

Template Creation Service

If you prefer leaving it to us, you can always opt for our Template Creation Service. Our team will take care of creating the template for you and setting it up on your account. Setup costs start from 50€, depending on file complexity.

Non-standardized reports

Templates that follow complex formatting will require custom development and cannot be created via the Self-Service Template Builder.

What will change?

Increased autonomy

Previously, users had to rely on the eddy team to implement or update source templates, leading to extensive waiting periods. Particularly during peak royalty accounting season, template implementation could take several weeks. This delay occasionally prevented users from importing sales and processing statements.

Now, you can create a new source template and upload it into eddy on the same day you receive the report. No more waiting times, and full control over all of your royalty sources.

Unlimited Royalty Sources

By introducing the Self-Service Template Builder feature, we’re removing royalty source limitations for all subscription plans. You’ll be able to create as many source templates as you wish, without it impacting your subscription costs.

Plan Structure Update

Introducing a Fairer Pricing Model

We’re switching up our plan structure towards a fairer pricing policy. Previously, our pricing was based on the number of royalty sources. However, after analyzing our users’ data usage, we realized that the amount of income sources did not necessarily reflect the volume of imported revenue.

To better align computational costs with actual usage, we're introducing a data quota system. Accounts will have a predetermined quota for "stored rows", with minimal additional fees applied for volumes exceeding this limit. The vast majority of users won’t pay a cent more. You can easily monitor your usage via the Subscription page.

You’ll find all relevant information regarding the new plan structure in the dedicated F.A.Q. section.

Unlock unlimited sources

To unlock unlimited royalty sources, opt in to the new pricing via the Subscription page.

Live Webinar: Create Unlimited Import Sources with the Template Builder

Join us on July 10th at 4:30PM CET for our exclusive live webinar during which we’ll introduce the feature and answer your questions. Click below to secure your spot!

Webinar Registration

F.A.Q.

Is the pricing based on streaming quantities or the value of sales?

Neither! Our pricing is calculated based on the number of lines in your uploaded reports, rather than the quantity of items sold or the sales' monetary value. Whether it's a high-value manual entry or a standard sales line, the fee remains consistent. The cost per row, based on your plan, is a fraction of this value, designed to have minimal impact on your profit margins while supporting our service's sustainability.

How can I monitor my usage against the quota?

You can easily track your quota usage in real-time through the Subscription section of your account dashboard. This feature provides insights into the number of stored rows you've utilized and how close you are to reaching your plan's limit, helping you manage your data effectively.

What does the 24-month period refer to?

The 24-month data period ensures that your quota calculations match your actual revenue, allowing the cost to adjust accordingly. Most data requests, from statement processing to artist portal access, depend on user data imported within the last 24 months. Imports older than this period doesn't count towards your current quota, thus ensuring the cost is focused on the most active and relevant data.

How are additional rows billed if I go over my quota?

Excess rows are billed at a specified rate per 100k rows, varying by your chosen plan. These charges are applied monthly, reflecting the quantity of rows that exceed your quota during the billing period. For yearly plans, exceeded rows will be billed yearly.

What options are available if I exceed my plan's quota?

Should you exceed your plan's quota, additional rows can be purchased at a nominal rate per 100k rows (detailed pricing is available on the subscription page). Alternatively, upgrading to a higher-tier plan offers a larger quota of stored rows, facilitating seamless operation scaling.

What happens if I upload and then delete a report?

Deleting a report after uploading does not affect your stored row count towards the quota. We tally your usage based on the total sales lines from your current imports each day, disregarding deleted data. This ensures that re-uploads don't incur unnecessary charges, allowing for hassle-free data management corrections.