Here is a detailed explanation of the legal terms of the Ad Revenue Share Program. Please note the specifications of how many ads need to be played every hour.
Pursuant to Section 9 of the Live365 Broadcaster Terms of Service and in full consideration of Broadcaster’s exclusive grant of Advertising Insertion Rights, Live365 will share 50% of Net Advertising Receipts with Broadcaster. Net Advertising Receipts are the amounts actually received by Live365 for the corresponding Broadcaster’s delivery of advertising impressions during the period.
Broadcaster’s Revenue Share is calculated each month according to the following formula:
- 50% of Net US Audio Advertising Receipts times Broadcaster’s percentage of corresponding paid US impressions delivered for the period.
- 50% of Net Non US Audio Advertising Receipts times Broadcaster’s percentage of corresponding paid Non US impressions delivered for the period.
For illustration purposes, if in a particular month, Live365 received $25,000 for delivery of 8.5M US audio impressions in the particular month, a Broadcaster whose stations delivered 1M of those impressions would be paid $1,471 for these US impressions which represents 50% of the corresponding US ad revenue delivered by this station. A similar calculation will be done on non US revenue and impressions.
Credits to Broadcaster’s account will be made 90-120 days following end of corresponding month and Broadcaster may request to receive payment from Live365. Only those Broadcasters whose Live365 accounts are current (i.e., active Advertising Supported Package and not delinquent) are eligible to receive payment from Live365.
Broadcaster is required to provide Live365 a minimum of 4 minutes per hour of commercials. A maximum of two (2) minutes is allowed per ad break, with a separation of at least 15 minutes in-between each ad break. An ad break is defined as an event triggered in order to allow Live365 to insert digital audio ads on the stream. Broadcaster is not allowed to insert any third party paid advertising in their station’s programming at any time.
Live365 has the right to modify the terms of the “Advertising Revenue Share Program” at any time. For the latest terms and conditions about Live365’s “Advertising Revenue Share Program” – including information about how to receive your payment from Live365 – please refer to Live365 “Advertising Revenue Share Program” details page, which is available at: https://broadcaster.live365.com/adshare
For questions regarding revenue, payment status, or other, please e-mail email@example.com or open a ticket in Live365 Broadcaster.
Last modified: January 25, 2017.