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CD Baby pays out $50 million to artists in 2012

Tina Hart
CD Baby

CD Baby, an independent music distributor, is celebrating two artist payout milestones in 2012.

Launched in 1998, the service that distributes over 4 million tracks paid out $50 million to artists in 2012 which contributed to a cumulative total of $250million since it was established.

CD Baby president Brian Felsen said: “For years, we’ve been paying musicians every single Monday 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.”

Artists pay a one-time fee for each uploaded product and they receive revenue from digital download sales, on-demand streaming, physical CD sales and sync licensing royalties.

Source: Digital Media Wire

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Tags: royalties, CD baby

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