Juli Clover, MacRumors:

Back in August, Apple said that it would pay out $100 million and make several changes to the App Store to settle a class-action lawsuit brought about by developers, and the settlement offer received preliminary approval yesterday

How much will developers get?

Developers who earned $1 million or less through the U.S. storefront for their apps in every calendar year between June 4, 2015 and April 26, 2021 can receive between $250 and $30,000.

Sounds like a floor of $250. Not nothing.

As to the timing?

Going forward, briefs, papers, and memoranda in support of the final approval of the settlement must be filed by April 29, 2022, and a Fairness and Final Approval Hearing will take place on June 7, 2022. If and when final approval is granted, developers will begin to receive money from Apple.

Here’s a link to the settlement website, where you can sign up to be notified when the settlement process goes live.