• Blog
  • Updates
  • New Income Potential: License Renewals on Voices

New Income Potential: License Renewals on Voices

Anne Joldersma | May 11, 2023

We’re excited to announce that we’ve just released the ability for clients to renew broadcast licenses right on our platform. This will give Voices talent the possibility for passive income on work you’ve already done.

How do license renewals work for clients?

In this article

With the new License Management Center, which lives in client accounts, clients can manage and renew licenses directly on the Voices platform. For clients, this means no more keeping track of renewals manually or worrying about missed deadlines. Our intuitive system allows clients to streamline their workflow, which in turn makes it simple and easy for talent to receive passive income on license renewals.

Clients have the ability to renew licenses from their past jobs (going back to 2019) and for any jobs going forward. We’ll also remind them about their upcoming renewals via system emails (30 days ahead of the license expiry date with a second reminder the day before.)

What does this mean for me as a talent?

License renewals built into our platform means the potential for increased income opportunities for you. As soon as a client sends a request to you to renew a license, you’ll get a system email from us and the request will also appear to you in your messages asking you to quote on that license renewal. Your experience from there will be identical to that of quoting for an additional payment with all quoting and editing of the quote built right into the messaging hub.

For clients who wish to renew a license or buy a new license from you (for an alternate media/geography), the requirements will be specified on a new License Management form and sent to you for a quote.

A client is also able to renew more than one license with you at one time. When this happens, simply adjust your quote accordingly to make sure it reflects the amount necessary for all the license renewal terms being requested.

Keep in mind that not all licenses will need renewing—it will depend on the needs of the particular client and whether they need to continue to use the work.

You’ll have no action to take around renewing licenses other than simply quoting when the client requests a renewal from you. Simple and straightforward.

How are talent paid for license renewals?

The Job Agreement following client payment on a renewal will be auto-accepted because there are no files needed from you and no new terms to agree to. As soon as you send your quote, and the client accepts it by completing the payment process, the agreement is considered in place. 

Your payment from SurePayTM will be auto-released 14 days (or manually anytime earlier) from the day the funds are deposited by the client. With successful payment of your quote, the client will be granted license(s), which will begin on the client-specified start date. 

We’re very excited for the income potential this will provide to you and we welcome your feedback at [email protected]. If you have any further questions, please reach out to [email protected]

Leave a Reply

Your email address will not be published. Required fields are marked *