0 Recommend It! 636 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."


View the original article...

This story appears courtesy of HypeBot.
Copyright © 2014. All rights reserved.
comments powered by Disqus

Weekly Giveaways

Peter Lerner

Peter Lerner

About | Enter

Jamie Saft

Jamie Saft

About | Enter

Sun Trio

Sun Trio

About | Enter

Paul Bley

Paul Bley

About | Enter

Sponsor: Signature Jazz Cruise