# Create a YouTube Channel Contract

## Overview

This guide provides a comprehensive breakdown of managing rights, contracts, and payees within the Revelator platform. It explains how to efficiently handle Master and YouTube Channel/Video rights, create and manage digital contracts, and set up payees for royalty distribution. The guide also covers advanced concepts like creating complex business logic with multiple terms and using filters to streamline contract management.

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## Prerequisites

{% hint style="info" %}
Before managing a contract, ensure that you have the following:
{% endhint %}

* Access to the Revelator platform with necessary permissions.
* Basic understanding of music rights and royalty distribution.
* Contract and payee management access.

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## How It Works: Step by Step

{% stepper %}
{% step %}

### Creating a New Contract

* Navigate to the **Contracts** section and click **Create New**.
* Select **YouTube Channel Revenue**
* Add contract details, including:
  * **Contract Name**
  * **Contract Status** (Active/Inactive)
  * **Start and End Date**Select no end date if the contract is in perpetuity
    {% endstep %}

{% step %}

### **Selecting YouTube Channel**

* In the **Select YouTube Channel** step, choose the **Channel** from the dropdown menu:
* Click **Confirm Selection** after choosing the desired channel.
  {% endstep %}

{% step %}

### **Adding Terms**

* In the **Add Terms** step, click **Add Term** to open the term creation dialog.
* Enter the **Payout Rate (%)** for the term.
* Define the **Countries** for the term:
  * Choose between **Worldwide**, **All except**, or **Only for** selected countries.
* To create complex business logic, add multiple terms with varying payout rates and criteria:
  * For example, set a global rate of 50% but add a specific term for streaming services in Europe with a different rate.
  * You can layer terms to account for different scenarios, regions, services, or distribution methods.
* Click **Add Term** to save each entry.
  {% endstep %}

{% step %}

### Adding Existing Payees to a Contract

* The Payee section allows users to create and manage payees for royalty distribution. 
* Navigate to the **Payees** section and click **Add Payee**.
* Select existing Payee 
* Add their share %. You can add one or more payees as long as the total share between them equals 100%.
* If you don't have an existing payee, you can create a new payee a following the steps below
  {% endstep %}

{% step %}

### Creating and Adding a New Payee to a Contract

* Navigate to the **Payees** section and click Add Payee
* Click on Select Payee 
* **Click Create and Add New Payee**.
* Fill out the payee details:
  * **Type**: Choose between **Company** or **Individual**.
  * **Payee Name** and **Pay To Name**.
  * **Tax ID** and **VAT Number**.
  * **Vendor ID** if applicable.
* Define the payment details:
  * **Payment Method**: Select from available methods.
  * **Starting Balance**: Set a balance for the payee.
  * **Minimum Payment Threshold**: Specify a minimum payout amount.
* Set up **Statements and Portal Access**:
  * Enter the payee email for statement access.
  * Enable the **Payee Portal** if needed.
  * Choose the currency for statement summaries.
* Click **Create Payee** to finalize the setup.
  {% endstep %}
  {% endstepper %}

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## Expected Outcomes

* **Expected Outcome**: The contract appears in the list with the specified details, terms, and payees.
* Check that the contract appears in the **Contracts** list with the correct status and details.
* Ensure that the contract includes all intended assets and licensors.
* Verify the accuracy of each term and its respective criteria.
* Check that the payout rates and business logic correctly reflect the desired distribution model.
* The payee should be listed in the **Payees** section with accurate details and settings.

## Frequently Asked Questions

<details>

<summary><strong>Can I change the tax domicile after creation?</strong></summary>

No, once set, the tax domicile cannot be changed.

</details>

<details>

<summary><strong>How can I automate royalties for multiple channels?</strong></summary>

Make sure you add each channel to the contract.

</details>

<details>

<summary><strong>What if an asset doesn’t appear during contract creation?</strong></summary>

Verify that the correct licensor and asset source are selected.

</details>

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## Additional Resources

* Revelator Documentation
* Music Rights Management Guidelines