Why Symphonic’s SplitShare Feature Outshines the Competition in Royalty Splitting

In the evolving landscape of music distribution, ensuring fair and efficient royalty splits among collaborators is a massive benefit to artists of all sizes. That’s why we created SplitShare as a better solution, offering a blend of transparency, efficiency, and cost-effectiveness that sets it apart from our competitors in a big way. In this article, we’ll break down how and why this tool stands out among the rest. Let’s dive in…

Why SplitShare Is One of the Best Royalty Splitting Tools in the Game

Unlimited Collaborators with Streamlined Management

Many royalty splitting tools either limit the number of collaborators you can add or make managing large teams overly complicated and time-consuming. SplitShare does the opposite: you can add unlimited collaborators with no extra costs, no hidden hurdles, and no manual tracking headaches.

The dashboard is designed for efficiency, so you can bulk assign splits, monitor contributions, and manage payments with just a few clicks. That way, everything stays as organized as possible, even on the most complex projects.

Compared to other platforms where scaling a team can become a major issue, SplitShare makes collaboration seamless, fair, and stress-free.

Zero Fees for All Parties

One of the biggest frustrations artists run into with royalty splitting tools is the extra cost. On some platforms, collaborators are required to pay an annual fee just to access their share of earnings, which can slow things down and discourage people from even utilizing it. With SplitShare, that’s never the case. As long as you’re releasing through Symphonic, your collaborators can join in at no extra charge.

No separate subscriptions, no hidden “unlock” fees, just a simple, transparent way to make sure everyone gets paid exactly what they’re owed. By removing these financial barriers, SplitShare not only makes collaboration easier but also helps keep relationships positive and professional all around. When money flows smoothly, the focus can stay on what really matters: creating great music.

Instant Setup and Automatic Application

Another frustrating issue with royalty splits is having to approve the same payments over and over… or waiting for collaborators to jump through hoops just to get their share. We created SplitShare to solve this issue, so once a collaborator accepts an invite, all future splits are automatically applied. No repeated approvals, no delays, no chasing people down. Just smooth, reliable royalty distribution.

Comprehensive Analytics for Collaborators

Tracking performance shouldn’t be a guessing game. With SplitShare, every collaborator can see detailed analytics on streams, revenue, and user-generated content from platforms like YouTube and TikTok.

This data makes it easy to understand which tracks are performing, how fans are engaging, and where income is coming from. With this info, collaborators can spot trends like which songs are getting the most shares, where engagement is strongest, or which platforms are driving streams, so teams can make smarter promotion and release decisions. By giving all collaborators access to the same information, SplitShare keeps everyone aligned, reduces confusion, and helps teams plan strategically for future projects.

Transparent and Timely Payouts

Not knowing when or how much you’re going to get paid as a collaborator is one of the most frustrating issues there is. SplitShare makes it so royalties go directly into collaborators’ Symphonic accounts, with detailed statements showing earnings by track, contributor, and territory. This clarity helps everyone see exactly where the money is coming from and keeps confusion (or miscommunications) out of it.

Enhanced Features for More Efficient Management

SplitShare now allows you to update splits across multiple tracks at once, making it easier to manage large catalogs. This bulk update feature keeps all your splits organized, ensures collaborators are paid accurately, and reduces the time spent on administrative tasks, perfect for artists and labels who release frequently or work with multiple contributors often.

//

Want to learn more?

Check out the recent masterclass we did on SplitShare below…

As you can probably tell, we’re incredibly proud of this feature. It’s a user-friendly and cost-effective solution for royalty splitting that goes beyond our competitors. Its commitment to transparency, efficiency, and inclusivity makes it one of the best choices for artists and collaborators looking for a hassle-free way to manage and distribute royalties.

Before we built this SplitShare, Symphonic clients would have to pay out anyone they owed royalties to manually. This meant they had to request their own payment from Symphonic, wait to receive the payment, and then manually send out royalties to everyone they owed a share to. This also meant our clients had to keep track of payment and tax information for everyone they were paying

With the new feature, all this is easier than ever. Our clients don’t ever have to touch the money they owe to other parties, nor do they have to hold payment and tax details themselves. Everything is taken care of in our system.

📌 To learn how to navigate to this feature in the SMS, how to edit track splits, send invites to your payees, and more, check out this Help Desk article.