Anyone can publish free stories on Siren. To charge for stories, a creator subscribes to Siren Creator, which costs £4.99 a week. A creator's first subscription starts with a 14-day free trial. The subscription renews every week until cancelled, and can be cancelled at any time from Plan & Billing, in which case it ends at the end of the current week, or of the free trial.
Revenue Split
Creators retain 85% of the net revenue from each sale of their content. Siren retains 15% as a platform fee to cover hosting, bandwidth, and development costs. Net revenue is the amount the buyer paid, less the payment processing fee charged by our payment provider.
Earnings from a sale become available for payout 7 days after the sale. A creator's first earnings become available 30 days after their first sale. Siren pays available balances every Friday by bank transfer, in pounds sterling, once the balance reaches £20.00. Smaller balances roll over to the next payout. If you close your account, we pay any remaining balance in full. You are responsible for any taxes applicable to your earnings.
If a subscription payment fails, your paid stories stay on sale while the payment is retried for up to 7 days. If your subscription ends, your paid stories are no longer offered for sale until you subscribe again. Buyers keep access to stories they have already bought, and earnings you have already made are still paid to you.
If a buyer is refunded, or their bank reverses a payment (a chargeback), the earnings from that sale are deducted from your balance, including from future earnings if they have already been paid out. Siren covers the payment processing and dispute fees.