Monthly, in a word. Each month, as we receive our reports from the streaming services, we process the data into reports and payments. We promise that by no later than the 10th of each month, we’ll have the reports, data, and money available to you and all participants.
A bit on timing: We receive reports from DSPs at the beginning of each month for transactions (plays and downloads) that happened two months prior; some DSPs can be even slower.* So for example, January royalty reports and payments reflect streams that occurred in October.
* Unfortunately, it just takes that long for the DSPs to report on activity. We don’t have any say about that. We wish it were faster, too.