we are contractually required to split the proceeds 50/50 with the creators on the platform. 50% of streaming profits are distributed to creators based on watch time. Additionally, 1/3 of the revenue from any subscriber is allocated to the creator responsible for bringing in that subscriber.
For tax purposes, if the LLC is taxed as a partnership, these are all considered partnership interests.
For tax purposes, if the LLC is taxed as a partnership, these are all considered partnership interests.