CD Baby Pays Out
NURTURING CD BABY: Distributor CD Baby, which dubs itself the largest online retailer of indie artists, reports it has paid more than $200 million directly to musicians since being launched by founder Derek Sivers in 1997. Sivers sold the company to Disc Makers for $22 million in 2008. Since opening its Music Store for Facebook on Oct. 3, a free app that allows artists to sell MP3s, CDs and vinyl directly to fans, CD Baby has attracted 250k+ monthly active users. This year, only 12.8% of the company’s revenues will be in CD sales/distribution, with the bulk of revenues from music downloads and streaming. CD Baby currently distributes over 200k independent artists, with a music catalog totaling 3.5 million songs, and will release an estimated 100k new music titles this year. The website attracts over 100 million unique annual website visitors. (11/15p)
VMAs BEAMING BACK
TO THE BIG APPLE Getting back to where they once belonged (4/24a)
THE COUNT: ALL THE DESERT'S A STAGE
Jon Wayne is rolling over in his grave. (4/24a)
| ||
THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
|
A CHORUS OF PRAISE: IVORS 2024 NOMS
