There are a few different items that make up the “Processing fees” for all Pay Per View ticket sales on www.live.nkt.tv/manual.
Streaming platform.com reserves the right to charge 2 types of Fees for Pay Per View content. These fees will be deducted from ticket price.
1. Service fee – This is basically the % you pay to Site Administrator for using the site services. This fee is 25% of the VOD price.
2. Admin Hold Back Fee This fee is 20% from the VOD price and is hold for the situations when refunds are asked by users or Credit Card and Paypal Charge Backs. As cost for refund (sending back the money + refund price) can be more than VOD or event price, we reserve the right to hold admin fee from all the videos and events and apply the refund costs to Broadcaster total earnings. If no refund will be done within 30 days from the moment of selling the PPV content, the hold back fee will be send to Broadcaster with the next payment or in the same terms as a normal payment.
Important: If the amount to be sent to the broadcaster does not cover the fees for sending that amount, the money will be hold and send in the next payment. (Eg. Broadcaster has 1 pay per view event of $1 sold and he needs to receive $0.55 for this purchase)
For all Pay per view transactions (pay per view video, pay per view event) the broadcaster is paid once per month, by the 17th of the next month for the earnings resulted from previous month. (Eg: For Video On Demand sold by March, 31st, payment is send to broadcaster by April, 17th)
Example:
Ticket sale set at $10.
1. Service fee of $2.5
2. Admin holdback fee = $2 (will be send back to broadcaster within a month).
Your final earnings for that sale = $7.50 per ticket sold.
You can earn money from Streaming platform by selling tickets to:
1. LIVE Events
1. LIVE Events
You can schedule a Live stream session to be paid event and set the price for it. The events must be assigned to a channel.
Once the live event is over you will receive the payment for all the tickets you sold by the 17th of the next month for the earnings resulted from previous month.
2. Channel Manager Events
You can set the channel manager to play into a scheduled event on your channel. You can earn money if you will set a price for the event.
Once the scheduled event is over you will receive the payment for all the tickets you sold by the 17th of the next month for the earnings resulted from previous month.
3. Video On Demand
You can set a price for your video and publish it.
You will start earning money once the users will purchase tickets to watch your video by the 17th of the next month for the earnings resulted from previous month.