CD Baby Pro Offers Indie Artists New Publishing Revenue Streams
February 20, 2015 at 12:07 PM (PT)
CD BABY PRO, CD BABY’s rights management service for songwriters, has grown by more than 250% from its FEBRUARY, 2013 launch to the end of 2014, as it now represents over 54,000 writers and administers over 246,000 songs,
“While writers could sign up directly with ASCAP or BMI to collect performance royalties, many independent artists can’t get an established publisher to work with them, which is key to making other types of publishing revenue accessible,” explains CD BABY Dir./Music Publishing ROB FILOMENA. “We’re making professional music rights management accessible to a large group of independents and judging from the growth we’re seeing, this is an essential artist need right now."
CD BABY PRO allows its members to collect mechanical royalties from streaming services both in the U.S. and abroad. In addition, direct registration of songs with over 40 foreign societies has accelerated payment to members for performances in these territories by years in comparison to working with most large U.S. performing rights organizations.
“We continue to help our members understand that performance royalties are only part of the equation with streaming services,” added CD BABY VP Marketing KEVIN BREUNER, who hosts the DIY MUSICIAN podcast. “I just came across one of our artists making $3000 from mechanical royalties collected for foreign sales. This is money they wouldn’t have collected without CD BABY PRO.”
“Every little bit helps for today’s independent artists,” concluded BRENUER, “and it’s only going to increase from here.”