{"id":6612,"date":"2022-03-22T10:56:39","date_gmt":"2022-03-22T10:56:39","guid":{"rendered":"https:\/\/www.cygnusmusic.net\/resources\/?page_id=6612"},"modified":"2022-06-22T17:43:31","modified_gmt":"2022-06-22T16:43:31","slug":"russian-dsps","status":"publish","type":"page","link":"https:\/\/www.cygnusmusic.net\/resources\/russian-dsps\/","title":{"rendered":"Russian DSP&#8217;s"},"content":{"rendered":"<div id=\"themify_builder_content-6612\" data-postid=\"6612\" class=\"themify_builder_content themify_builder_content-6612 themify_builder\">\n\n    \t\n\t\t<!-- module_row -->\n\t\t\t<div  class=\"themify_builder_row module_row clearfix module_row_0 themify_builder_6612_row module_row_6612-0\">\n\t\t\t\t                                <div class=\"row_inner \" >\n\n                                    \n\t\t<div  class=\"tb-column col-full first module_column tb_6612_column module_column_0 module_column_6612-0-0\" >\n                                                                <div class=\"tb-column-inner\">\n                            \n\n<!-- module text -->\n<div  id=\"text-6612-0-0-0\" class=\"module module-text text-6612-0-0-0  repeat \">\n    \n    <p>Due to the sanctions imposed on Russia, distributors worldwide have suspended deliveries to Russian DSP&#8217;s.<\/p>\n<p>We understand that this is disappointing for labels and artists, we are equally disappointed, however these legal sanctions now apply to the following music services:<strong> Yandex, SberZvuk and UMA (VK).<\/strong><\/p>\n<p>Apple, <a href=\"https:\/\/www.bbc.co.uk\/news\/business-60881567\">Spotify<\/a>, Amazon, TikTok, YouTube, Google Play, Facebook, Instagram, Netflix and more have withdrawn either fully or partially removed services from Russia.<\/p>\n<p>The sanctions currently only apply to new content and all existing content will remain on these Russian stores. At present Russian DSP&#8217;s are withholding any new revenue.<\/p><\/div>\n<!-- \/module text -->\n\n\n    <!-- module plain text -->\n    <div  id=\"plain-text-6612-0-0-1\" class=\"module module-plain-text plain-text-6612-0-0-1  \">\n            <\/div>\n    <!-- \/module plain text -->\n\n\n\n<!-- module text -->\n<div  id=\"text-6612-0-0-2\" class=\"module module-text text-6612-0-0-2  repeat \">\n    \n    <p><strong>UPDATE: 16th May.<\/strong><\/p>\n<p>We have been advised that we can now deliver to Yandex again. <\/p>\n<p><strong>Update: 22 May:<\/strong> We have been advised that we can now deliver to UMA again.\u00a0<\/p><\/div>\n<!-- \/module text -->\n\t\t<div class=\"themify_builder_sub_row module_subrow clearfix sub_row_0-0-3\">\n\t\t                    <div class=\"subrow_inner \" >\n                                       <div  class=\"col4-2 sub_column module_column first sub_column_post_6612 sub_column_0-0-3-0\"> \n                                                              <div class=\"tb-column-inner\">\n                            \n\n<!-- module text -->\n<div  id=\"text-6612-sub_row_0-0-3-0-0\" class=\"module module-text text-6612-sub_row_0-0-3-0-0  repeat \">\n    \n    <h3>Cygnus Music comment<\/h3><\/div>\n<!-- \/module text -->\n\n\n<!-- module text -->\n<div  id=\"text-6612-sub_row_0-0-3-0-1\" class=\"module module-text text-6612-sub_row_0-0-3-0-1  repeat \">\n    \n    <p>At Cygnus Music we have always put our customers first and we always strive for the highest levels of service. Whilst just like other distributors, we are legally bound by these sanctions, we are happy to discuss any concerns you may have as a client of ours. We will do every thing we can to help you, your label and your artists if we are able to.<\/p><\/div>\n<!-- \/module text -->\n                        <\/div>\n                                   <\/div>\n\t\t               <div  class=\"col4-2 sub_column module_column last sub_column_post_6612 sub_column_0-0-3-1\"> \n                                                              <div class=\"tb-column-inner\">\n                            \n\n<!-- module text -->\n<div  id=\"text-6612-sub_row_0-0-3-1-0\" class=\"module module-text text-6612-sub_row_0-0-3-1-0  repeat \">\n    \n    <h3>Adapt and push forward<\/h3><\/div>\n<!-- \/module text -->\n\n\n<!-- module text -->\n<div  id=\"text-6612-sub_row_0-0-3-1-1\" class=\"module module-text text-6612-sub_row_0-0-3-1-1  repeat \">\n    \n    <p>Whilst this will impact on revenue for many of our clients, now is the time to push forward and keep going strong with your catalogue. Whilst deliveries to Russia have been suspended, the entire worldwide market is not only thriving but significantly growing. We are seeing increases in revenue month upon month from stores like Spotify, Apple, NetEase, SoundCloud, Facebook, TikTok and Amazon, and we are also onboarding new stores and new territories all the time.<\/p>\n<p>Use the data we provide in the <a href=\"https:\/\/www.cygnusmusic.net\/resources\/artist-accounting-royalty-splits\/#Walk-throughs\">Label Statements and Stats Summary pages<\/a> to assess and align your focus on stores and territories. In the last few years, companies, labels and artists have proven that those who can quickly adapt to worldwide change, can thrive and grow.<\/p><\/div>\n<!-- \/module text -->\n                        <\/div>\n                                   <\/div>\n\t\t                    <\/div>\n                <\/div><!-- \/themify_builder_sub_row -->\n                \n\n<!-- module text -->\n<div  id=\"text-6612-0-0-4\" class=\"module module-text text-6612-0-0-4  repeat \">\n    \n    <h3>Additional Info \/ FAQ&#8217;s<\/h3><\/div>\n<!-- \/module text -->\n                        <\/div>\n                    \t\t<\/div>\n\t\t<!-- \/.tb-column -->\n\t\t\n\t\t\n                                <\/div>\n                                <!-- \/row_inner -->\n                        <\/div>\n                        <!-- \/module_row -->\n\t\t\t\n\t\t<!-- module_row -->\n\t\t\t<div  class=\"themify_builder_row module_row clearfix module_row_1 themify_builder_6612_row module_row_6612-1\">\n\t\t\t\t                                <div class=\"row_inner \" >\n\n                                    \n\t\t<div  class=\"tb-column col4-2 first module_column tb_6612_column module_column_0 module_column_6612-1-0\" >\n                                                                <div class=\"tb-column-inner\">\n                            \n\n<!-- module text -->\n<div  id=\"text-6612-1-0-0\" class=\"module module-text text-6612-1-0-0  repeat \">\n    \n    <p><strong>Q: Will Cygnus Music pay out royalties received from the sanctioned stores? <\/strong>A: Yes, absolutely. We will not withhold any label royalties that have been received, or that may once again be received once the sanctions are lifted.<\/p><\/div>\n<!-- \/module text -->\n\n\n<!-- module text -->\n<div  id=\"text-6612-1-0-1\" class=\"module module-text text-6612-1-0-1  repeat \">\n    \n    <p><strong>Q: I want to discuss my label\/music with some one at Cygnus Music?<\/strong> A: We are always happy to have phone calls or video calls with any of our clients, so please just drop us a request.<\/p>\n<p><a href=\"mailto:support@cygnusmusic.net\">support@cygnusmusic.net<\/a><\/p><\/div>\n<!-- \/module text -->\n\n\n<!-- module text -->\n<div  id=\"text-6612-1-0-2\" class=\"module module-text text-6612-1-0-2  repeat \">\n    \n    <p><strong>Q: Does Cygnus Music provide payments in cryptocurrency?<\/strong> A: Some clients chose to withdraw label funds in BitCoin and this is some thing we provide on a case by case basis. <\/p><\/div>\n<!-- \/module text -->\n                        <\/div>\n                    \t\t<\/div>\n\t\t<!-- \/.tb-column -->\n\t\t\n\t\t\n\t\t<div  class=\"tb-column col4-2 last module_column tb_6612_column module_column_1 module_column_6612-1-1\" >\n                                                                <div class=\"tb-column-inner\">\n                            \n\n<!-- module text -->\n<div  id=\"text-6612-1-1-0\" class=\"module module-text text-6612-1-1-0  repeat \">\n    \n    <p><strong>Q: When were royalties last received from Russian DSP&#8217;s?<\/strong> A: We are mostly up to date with existing royalties owed being accounted to labels up to the end of 2021.<\/p><\/div>\n<!-- \/module text -->\n\n\n<!-- module text -->\n<div  id=\"text-6612-1-1-1\" class=\"module module-text text-6612-1-1-1  repeat \">\n    \n    <p><strong>Q: What happens next?<\/strong> A: We have a huge global network of stores and territories and will continue to distribute your content without any interruption to deliveries or payments. As for the Russian DSP&#8217;s, we must wait until the global sanctions are lifted in order to start making new deliveries and withdraw any new or withheld royalties.<\/p><\/div>\n<!-- \/module text -->\n\n\n<!-- module text -->\n<div  id=\"text-6612-1-1-2\" class=\"module module-text text-6612-1-1-2  repeat \">\n    \n    <p><strong>Q: What happens to any new revenue made from existing content?<\/strong> A: These will be held by the DSP&#8217;s as the sanctions do not allow them to be paid. We hope that once the sanctions are lifted, distributors will be able to invoice for any held revenue. <\/p><\/div>\n<!-- \/module text -->\n                        <\/div>\n                    \t\t<\/div>\n\t\t<!-- \/.tb-column -->\n\t\t\n\t\t\n                                <\/div>\n                                <!-- \/row_inner -->\n                        <\/div>\n                        <!-- \/module_row -->\n\t\t\t\n\t\t<!-- module_row -->\n\t\t\t<div  class=\"themify_builder_row module_row clearfix repeat module_row_2 themify_builder_6612_row module_row_6612-2\">\n\t\t\t\t                                <div class=\"row_inner \" >\n\n                                    \n\t\t<div  class=\"tb-column col-full first module_column tb_6612_column module_column_0 module_column_6612-2-0\" >\n                                                                <div class=\"tb-column-inner\">\n                            \n\n<!-- module text -->\n<div  id=\"text-6612-2-0-0\" class=\"module module-text text-6612-2-0-0  repeat \">\n    \n    <p><strong>Q: Can I\u00a0 just find a Russian distributor and have them send my new music to Yandex, SberZvuk and UMA? <\/strong><\/p>\n<p>A: By doing this you could be breaking sanctions and this comes with a great deal of risk. Our advice is that you find out what the law says, however it will likely be the same rules we and every other business must now adhere to.\u00a0<\/p>\n<div>If the law allows you to use a Russian distributor, you&#8217;ll only be able to distribute to VK, Yandex and SberZvuk, however, these very companies may not pay you and this is quite likely. At Cygnus Music, we will continue to cover all of the other stores but most have pulled out of Russia and are unable to monetise due to the sanctions.\u00a0 If any distributors try to offer distribution to stores like Apple, Spotify, YouTube, Amazon etc, do not use these! Also be mindful that any Russian distributor could withhold payments and go bankrupt. The next thing to consider is that if you are able to distribute to Russian DSP&#8217;s and able to withdraw revenue from the distributor, you will likely be breaking sanctions or simply be unable to move it out of Russia.<\/div>\n<div>\u00a0<\/div>\n<div>If somehow you&#8217;re able to\u00a0make all this work, once the sanctions are lifted we can take over these stores easily and deliver all your catalogue there.\u00a0<\/div><\/div>\n<!-- \/module text -->\n                        <\/div>\n                    \t\t<\/div>\n\t\t<!-- \/.tb-column -->\n\t\t\n\t\t\n                                <\/div>\n                                <!-- \/row_inner -->\n                        <\/div>\n                        <!-- \/module_row -->\n\t\t\t\n\t\t<!-- module_row -->\n\t\t\t<div  class=\"themify_builder_row module_row clearfix module_row_3 themify_builder_6612_row module_row_6612-3\">\n\t\t\t\t                                <div class=\"row_inner \" >\n\n                                    \n\t\t<div  class=\"tb-column col-full first module_column tb_6612_column module_column_0 module_column_6612-3-0\" >\n                                                                <div class=\"tb-column-inner\">\n                            \n\n<!-- module text -->\n<div  id=\"text-6612-3-0-0\" class=\"module module-text text-6612-3-0-0  repeat \">\n    \n    <h4><strong>Note: This is for internal purposes and for Cygnus Music clients.<\/strong><\/h4><\/div>\n<!-- \/module text -->\n                        <\/div>\n                    \t\t<\/div>\n\t\t<!-- \/.tb-column -->\n\t\t\n\t\t\n                                <\/div>\n                                <!-- \/row_inner -->\n                        <\/div>\n                        <!-- \/module_row -->\n\t\t<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Due to the sanctions imposed on Russia, distributors worldwide have suspended deliveries to Russian DSP&#8217;s. We understand that this is disappointing for labels and artists, we are equally disappointed, however these legal sanctions now apply to the following music services: Yandex, SberZvuk and UMA (VK). Apple, Spotify, Amazon, TikTok, YouTube, Google Play, Facebook, Instagram, Netflix [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"spay_email":""},"_links":{"self":[{"href":"https:\/\/www.cygnusmusic.net\/resources\/wp-json\/wp\/v2\/pages\/6612"}],"collection":[{"href":"https:\/\/www.cygnusmusic.net\/resources\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.cygnusmusic.net\/resources\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.cygnusmusic.net\/resources\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cygnusmusic.net\/resources\/wp-json\/wp\/v2\/comments?post=6612"}],"version-history":[{"count":77,"href":"https:\/\/www.cygnusmusic.net\/resources\/wp-json\/wp\/v2\/pages\/6612\/revisions"}],"predecessor-version":[{"id":7254,"href":"https:\/\/www.cygnusmusic.net\/resources\/wp-json\/wp\/v2\/pages\/6612\/revisions\/7254"}],"wp:attachment":[{"href":"https:\/\/www.cygnusmusic.net\/resources\/wp-json\/wp\/v2\/media?parent=6612"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}