CD Baby: Over $150 Million Paid To Artists
August 4, 2010 at 5:38 PM (PT)
Online indie music distributor CD BABY has now paid independent artists over $150 million from sales of downloads and CDs through the company. MUSIC INDUSTRY NEWS NETWORK reports that CD BABY expects to pay close to $40 million to artists in 2010.
"Independent artists are frequently marginalized by the music industry. These stats prove once again that collectively, DIY artists are a force to be reckoned with," CD BABY Pres. BRIAN FELSEN said. "And we're picking up momentum, with new title sign-ups doubling in recent months."