Boutique game soundtrack record label. We create, manage, and protect some of the most popular video game soundtracks, piano collections & vgm covers albums.
Seattle, WA
Joined July 2015
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If you're an artist who has worked with us before, and you have any questions, please reach out to us at artists@materiacollective.com so we can help.
We'll also get you set up with access to the Materia Dashboard.
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We have made this our number one priority, and our entire team has been training on how to use the Materia Dashboard to help with this. We have our mid-February goal in sight and are doing everything we can to make it happen.
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The final step is paying artists. All of the work up til this point is to make sure we know how much to pay and who to pay the money to. When we're sure of that, payment is simple and very fast (as long as we have up-to-date payment information for our artists).
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Once that's done, we will move on to Part 2, when we run the actual royalty reports. Of course we'll run everything for the current accounting period (for mid-February), but we also want to run reports for prior periods just to catch any past errors.
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Alongside these steps, we are verifying artists' payment information and onboarding more people to the Materia Dashboard. Artists who have questions about their account access or information
- please email 📧 artists@materiacollective.com and we'll process as soon as we can.
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Part 1B: Revenue Splits
Some projects have just one artist involved; some projects have many. We're verifying that all of the revenue splits for every album are up-to-date so that when we push the button to pay people, the money goes to the right people for the correct amounts.
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This area has often fallen behind, partly because manufacturer invoices can take months to arrive. Right now we are entering any outstanding information and double-checking everything that has been entered in the past, so that we can know how much money each album has made.
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Part 1A: Project Recoupables and Products
This side focuses on the costs involved with making an album (such as recording and manufacturing costs), and the products that are sold related to an album (CDs, vinyl, digital albums, etc.)
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Starting this week, we’ll be sharing our progress on getting payments out by mid-February.
This is a multi-step process to update and verify the information in the Materia Dashboard, our music royalty accounting software.
This week, our focus is Step 1: Data Entry and Review.
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Hey Christa, Please connect with us via email at artists@materiacollective.com and we can get you set up with access to the Materia Dashboard. We're working on ensuring that all artists and royalty recipients will have access to the Materia Dashboard by the next reporting period.
We've heard your concerns and we apologize sincerely for the incident. Moving forward we recognize the importance of resolving this swiftly and fully.
All delayed payments will be made by mid-February and we are fixing the issue so this won't happen again.
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No argument here. Sometimes, growth is challenging to keep up with, and we'll be hiring to keep up with the promises that we've made.
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Like QA at game companies, we're aware of our failures and mistakes. We have an expert team equipped with years of industry experience working hard to ensure that folx are paid what they are due. Holding us accountable for missteps is fine; name-calling and insulting us is not.
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Chances are that your order contained a preorder/back-ordered item that may hold up shipment; full details here: materia.fyi/p . If you have specific questions about an order, support@materiacollective.com will be happy to investigate and look at options.
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That's reasonable -- we are readdressing return/refund policies this year. As we grow, we aim to have additional resources dedicated to accommodate accounting complexities.
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Sebastian Wolff here, I'm Materia's CEO. We're a team of 6 fulltime; not a massive media conglomerate. Last year, over $2M went to artists as royalty payments and investments in video game music projects. Frustrations regarding delays are valid, and they will be fixed.
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Most agreements are on a net basis. Returns/cancellations are negative line items, and losses are shared between us & artists. This is the same as a fan returning a product that you sell directly. We are readdressing those policies this year. We trust you'll hold us accountable.
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Despite reporting delays, Materia paid $1.2M USD to artists in royalties last year, in addition to infusing $800k in advances and commissions to video game music artists and creators, and over $1M in manufacturing physical products.
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We are still investigating options. For now, we are waiving the minimum balance threshold for the next payment to ensure all artists receive 100% of outstanding royalties.
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