Is your content on Facebook / Instagram monetized?
Not yet, but keep reading for some #goodinfo!
Ultimately, the plan is for artists to receive a share of ad revenue but there are a few phases before that’s ready to roll out.
First, Facebook needs to know what content to monitor for (in other words, getting your music into their system and with a reference to who owns it.) There are no real claims, conflicts, blocking, or monetizing.
The next phase will be them reporting “usage” to us or, in other words, how and where your music was used. Facebook is working on building out these usage reports and now that we've begun delivering Soundrop's catalog to Facebook they have plenty of content to work with to test the accuracy of the system. That’s where we are today.
Finally, once the usage reports' accuracy is confirmed, claiming/monetization will be added to the system and the actual ad revenue will be associated with that usage. These earnings will be paid to you by Facebook and through your Soundrop account with the rest of your music's revenue.
Although there is no estimated timeline for these reports, we will update you as soon as possible.