How to Cancel DistroKid Subscription, DistroKid Payout?
As a musician, managing your music distribution services is crucial. If you are using DistroKid and need to know how to cancel your subscription or understand the payout process, you've come to the right place. In this article, we will guide you through each step.
Steps to Cancel DistroKid Subscription
Cancelling your DistroKid subscription involves a few straightforward steps. Here’s how you can do it:
Step 1: Log into Your DistroKid Account
First, you need to log into your DistroKid account using your registered email and password. Once logged in, you will be taken to your account dashboard.
Step 2: Navigate to 'Settings'
In your dashboard, find and click on the 'Settings' option, typically located on the left-hand side of the screen. This section allows you to manage your account details and subscription options.
Step 3: Select 'Account'
Within 'Settings,' look for the 'Account' tab. Here, you will find information about your current subscription plan, payment methods, and more.
Step 4: Cancel Subscription
Under the 'Account' tab, you will see the option to 'Cancel Subscription.' Click on this option and follow the on-screen instructions to complete the cancellation process. You might need to provide a reason for your cancellation and confirm your decision.
It is important to note that once you cancel your DistroKid subscription, your music will be removed from all streaming platforms after a specific period as per their policy. Make sure to download any important data or music files before proceeding.
Understanding DistroKid Payouts
Managing your earnings from music streams and sales is essential as an artist. Let's break down how DistroKid payouts work and what you need to know.
Revenue Collection
DistroKid collects revenue on your behalf from various music streaming and digital download platforms. This includes services like Spotify, Apple Music, Amazon, and others.
Revenue Distribution
Once DistroKid receives the revenue, it distributes payouts to artists based on their streams, downloads, and sales. They claim to pay 100% of the earnings to the artists, but there may be deductions for taxes and other legal fees.
Payout Methods
DistroKid offers multiple payout methods, including PayPal, direct bank transfer, and check. You can select your preferred method in the 'Bank' section of your account settings.
Initiating a Payout
To initiate a payout, log into your DistroKid account and navigate to the 'Bank' section. Here, you can request a payout of your earnings. Follow the instructions and enter your payout details.
Minimum Payout Threshold
DistroKid has a minimum payout threshold. This means you need to accumulate a certain amount of earnings before you can request a payout. The specific threshold amount can vary, so ensure to check the latest requirement in your account.
Processing Time
Once you request a payout, it may take several days to process the payment. The exact time can vary depending on the payout method you choose and your banking institution.
Why Consider Switching to SoundOn?
While DistroKid offers a convenient way to distribute your music and manage payouts, you might be looking for an alternative that provides more comprehensive services and support. SoundOn is an all-in-one platform designed to help musicians like you build a career and find new fans through channels like TikTok, CapCut, and other digital streaming platforms.
SoundOn offers global distribution services, helping your music reach a wider audience and potentially increasing your fan base and income. By registering as a SoundOn artist, you'll have access to exclusive marketing tools and partnerships that can help propel your music career forward.
Conclusion
Cancelling your DistroKid subscription and understanding the payout process is simple once you know the steps. If you're looking for a more robust solution for your music distribution needs, consider making the switch to SoundOn. Reach more fans, access powerful marketing tools, and take your music career to new heights.
