Materia team here, re: payout issues; we’ve been in a meeting all afternoon to make a plan. We didn’t realize just how widespread this was; that’s on us. We’ve been treading water a long time with our reporting/accounting tools; we grew too fast for our team to keep up.

Jan 14, 2021 · 11:04 PM UTC

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We don’t have the perfect solution yet, but we’re working on both short-term and long-term ways to get money in artists’ hands ASAP. We will be sharing more information as the plan comes together, as transparently and openly as possible. Apologies aren’t enough; action is.
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We’re going to prioritize this over the next few weeks, putting other things on hold. And we’ll keep everyone posted. In the meantime, if you have concerns, emailing us at artists@materiacollective.com is the best way to go. We’ll try to answer as quickly as we can.
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