Zimbalam is now paying artists 100% of the royalties from each release distributed with us.
Even more importantly, it won’t cost you any more to put a release out with Zimbalam!
We are still charging just $19.99 to distribute a single and $29.99 for an EP or album release. But instead of giving us a percentage of each sale we have added a new annual subscription charge of $9.99 for a single or $19.98 for an EP or album which will be deducted from your royalties.
Rather than deduct a percentage of each sale we think it is more beneficial for artists to pay a flat fee for their release and earn 100% of all the money that the release makes. As payment for the annual fee Zimbalam will keep the first $9.99 or $19.98 earned by each release respectively and, once this initial fee has been recouped, we will pay you 100% of the royalties for your release.
This is the fairest solution for artists on the market, as, rather than directly charge your bank account an annual subscription fee like our competitors, we simply deduct from your royalties. We will also not charge you extra if a particular release doesn’t sell well in a particular annual period.
You will only ever have to pay Zimbalam once for our services, any future fees or subscription charges are automatically deducted from your royalties so you don’t need to worry about being charged an arm and a leg for hidden fees and extra services without warning!
For example, if one release only sells a few copies we won’t charge you a full fee to keep it online, in fact we won’t charge your account at all, we will simply keep whatever the release has earned and put the fee back for the next year. This allows you to keep your releases online forever at no additional cost and with no financial risk on your behalf that, with another distributor, would be taken from your account by direct debit, regardless of sales.
Please see the table below for an example of how much better off an artist can be under the new deal if they sell £5,000 worth of an album release:
||90% Royalty Rate
(Old Zimbalam Offer)
|100% Royalty Rate with Fee
(New Zimbalam Offer)
The new deal will be launched tomorrow for new users and all releases completed as of midnight tonight will be subject to the terms of the new deal. For artists that have already distributed a release with Zimbalam, the deal will remain the same for any release(s) currently online, earning 90% of royalties.
However, anyone wishing to switch a particular release to the new deal, will be switched to the new contract from this point forward. Free of charge.
If you have any questions about the new offer please email us and we will talk you through it.