CD Baby has paid out over $1BN to artists via its distribution platform
DIY musicians are grabbing an increasingly large market share of the music business. Today, we learn that one of those platforms, Downtown Music Holdings-owned distribution platform CD Baby, has reached a significant financial milestone. CD Baby reports it has paid out more than $1 billion to artists since the company was founded in 1998. In addition, the company says that more than a million artists worldwide have distributed over 10M tracks via the platform. – Murray Stassen, MBW