664 views

CD Baby Milestone: $250m Paid to Indie Musicians

SOURCE: Published:
CD Baby, founded as a backroom enterprise by Derek Sivers and sold to DiscMakers in 2008, announced that it has paid out over $250 million to artists for digital download sales, on-demand streaming revenue, physical CD sales, and sync licensing royalties.  $50 million was paid in this year alone.

“For years, we've been paying musicians every single Monday," says CD Baby president Brian Felsen. “but to have hit the 250 million mark for payouts - that's a big achievement for the artists who work with CD Baby, and I want to both congratulate and thank them."


Continue Reading...

This story appears courtesy of HypeBot.
Copyright © 2014. All rights reserved.

comments powered by Disqus
Sponsor: Summit Records | BUY NOW

Enter it twice.
To the weekly jazz events calendar

Enter the numbers in the graphic
Enter the code in this picture

Log in

One moment, you will be redirected shortly.

News Search


or search site with Google