The Default Contracts In Remix Calc. Mode setting determines the default setting of new Remix Contracts. By standard, it is set to Based on Artist Share. This means that your remix contract % is taken from the artist share.
You can also set this to Based on Gross Sales, which means the remix contract % will be calculated from the gross sales received for the track, similar to a standard contract.
Example Scenario:
The main contract has a digital royalty rate of 50% for all options.
The remix contract has a digital royalty rate across all options of 50%, Based on Artist Share
The remix has gross sales of $1000
The label would receive 50% ($500)
The licensors would receive 50% ($500)
As the remix contract is based on Artist Share, this means that the licensor on the remix contract would receive 50% of the main licensors' 50%. In this case, 50% of 50% equals 25%.
The main contract licensor would receive 25% ($250)
The remix contract licensor would receive 25% ($250)
To learn about other RoyaltyWorx settings, click here.