23. REVENUE SHARE
23.1. In consideration for EVEN’s obligations and provision of the Site, EVEN shall be entitled to retain Twenty Percent (20%) of Gross Revenue (as defined below) (the “EVEN Revenue Share”).
23.2. After deduction of the EVEN Revenue Share, EVEN shall pay Licensor an all-in music rights fee equal to Fifty Percent (50%) of Net Revenue (as defined below) (the “Music Rights Share”), and EVEN shall pay Artist (as defined below) an all-in artist-direct fee equal to Fifty Percent (50%) of Net Revenue (“Artist Share”). It is hereby agreed that it is EVEN’s policy that no less than Fifty Percent (50%) of Net Revenue be paid directly to the Artist and that, in the event Licensor is a distributor, record label or other licensor which is not the Artist, Licensor hereby represents and warrants that: (i) the Artist Share shall be retained solely by the Artist for their sole account notwithstanding any unrecouped position between Artist and Licensor; and (ii) Licensor agrees not to do or omit to do anything that would have the effect of reducing any monies payable to Artist or preventing Artist from receiving and retaining the Artist Share. “Artist” shall mean the recording artist, or group of recording artists, featured in the sound recording(s) associated with the Release; provided that, in the event Licensor is also the recording artist(s) featured in the sound recording(s) associated with the Release, then each reference in this section 23 to Artist shall be deemed to refer to Licensor
23.4. EVEN will pay the Music Rights Share to Licensor and the Artist Share to Artist in the Licensor’s and Artist’s native currency, daily, via Stripe. Licensor and Artist may view real-time reporting via their Licensor or Artist account, as applicable.
23.6. Notwithstanding that it is Licensor’s sole responsibility to obtain and pay for any and all third party rights, permissions, licenses and authorizations in respect of Releases containing Licensor Content (including, without limitation, from any rightsholders controlling rights to musical compositions and/or sound recordings embodied in Licensor Content), without limiting our rights and remedies, we shall be entitled to (but not obliged) to obtain any such permissions, licenses and/or authorizations directly from such rightsholders and to deduct from the Music Rights Share any and all costs, fees, royalties and expenses arising therefrom. EVEN shall treat Licensor in a non-discriminatory manner as compared with similarly-situated licensors in connection with the calculation and deduction of costs associated with direct permissions, licenses and/or authorizations acquired by EVEN (if any).
23.7. Licensor is solely responsible for determining what, if any, taxes apply to your sale of Releases. Neither EVEN nor any Affiliated Party is responsible for determining the taxes that apply to your sale of Releases.