Entertainment

CD Baby Reaches $1 Billion Artist Payout Milestone

CD Baby Reaches $1 Billion Artist Payout Milestone

Launched in 1998, the distribution platform is now residence to over 1 million artists worldwide.

Joel Andrew

Joel Andrew
Josh Coyle

Indie distributor, publisher and artist services platform CD Tiny one has paid out over $1 billion to artists since its founding in 1998, the firm tells Billboard. The platform is right now residence to bigger than 1 million impartial artists worldwide and has disbursed over 10 million tracks.

CD Tiny one offers a series of self-promotion tools for impartial musicians, at the side of its digital tune advertising and marketing platform Display.co, which the firm received in 2016. It also boasts partnerships with a fluctuate of tune and social platforms, at the side of Spotify and Apple Song, which beget every named CD Tiny one as a most popular distribution accomplice.

In touting the $1 billion figure, CD Tiny one — whose mother or father firm AVL Digital Neighborhood was as soon as received by Downtown Song Holdings in Can also impartial 2019 — notes that the impartial tune sector accounted for 43.1% of the total global tune market by possession in 2020, representing over $9.8 billion in revenue, in step with a legend published by MIDiA Research in October 2021.

“By Downtown, we are a community of corporations with specialties that span across the change,” says CD Tiny one president Joel Andrew of how the acquisition helped hotfoot up CD Tiny one’s enhance. “Together, we are necessary stronger at fostering the success of musicians on their very enjoy phrases.”

CD Tiny one’s relationship with Downtown started in 2014 when the firm partnered with Downtown’s Songtrust to commence CD Tiny one Pro, a provider that interfaces with efficiency rights organizations to procure royalties for U.S.-based artists.

In a statement, Downtown CEO Andrew Bergman acknowledged, “As change partners since 2014, we appreciated the depth of CD Tiny one’s group and its extremely valid client frightening, two key drivers of our acquisition. With CD Tiny one now leveraging sources across Downtown’s platform, at the side of skills, royalty series, global licensing operations and capital, we are ready to force fairness and innovation to all creators at an accelerated tempo.”

CD Tiny one artist Rebecca Dark tells Billboard that the platform “has repeatedly supplied me a terribly unswerving map to set up my tune out to main DSPs as an impartial artist over the course of my profession. Song distribution & releases on the total is a terribly confusing and daunting thing to attain for your enjoy nonetheless they’ve made the blueprint so necessary extra approachable.”

Notably, CD Tiny one’s digital tune distribution opponents TuneCore and DistroKid are also thriving, with the humble reaching the $1 billion payout milestone in 2017. DistroKid, meanwhile, was as soon as valued at $1.3 billion following an investment by Insight Companions in August.

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