Revenue Share

In 2020 Netribution developed Revenue Sharing Language to describe in a human and machine-readable form revenue-sharing agreements. It was inspired by the lessons learned publishing our first books on Film Finance and follows the form of a Ricardian contract, that is both human and machine-readable. This book is the first working application of it, and illustrates below how we plan to split the income between the author, illustrator and the Blood Cancer UK charity.

name: Carnal Cinema Book, Edition 1
description: Agreement for revenue distribution for Carnal Cinema Edition 1.
rsl version: 1.1
currency: EUR
contact: Netribution Ltd
period: 36 months
steps:
-
  type: fixed
  description: Printing costs
  payees:
    - [ Eric Dubois, FR-AC ]
-
  type: capped
  description: Launch expenses
  cap: 500
  payees:
    - [ Eric Dubois, FR-AC ]
    - [ Andrew Lowes, UK-AC ]
    - [ Stirling Maxwell Centre, UK-AC ]
    - [ Netribution, UK-AC ]
-
  type: ratio
  description: Revenue Share
  payees:
    - [ Eric Dubois, FR-AC, 1 ]
    - [ Andrew Lowes, UK-AC, 1 ]
    - [ Blood Cancer UK, UK-AC, 1 ]

The agreement above set out that after printing costs are recouped by the illustrator Eric, up to €500 total launch expenses, including travel, can be recouped by the two authors and two publishers. After this, income is split three ways between the two authors and Blood Cancer UK. This is in honour of Andrew’s father – and Netribution’s former Northern and News Editor – Leslie Lowes.

For more information, see revenuesha.re.