In 2018, music distributor CD Baby reached a $400 million payout milestone. The distro has announced reaching the $1 billion artist payout milestone; paying out $600m in a little over 4 years.
According to Joel Andrew, president of CD Baby, “For us, it’s not just about how much the top earners make, but also about what the payout means to all of the unique artists we work with who are charting their own course, based on their creative vision and their personal versions of success.”
CD Baby has now paid over $1 billion to over a million artists with a catalogue of over 10million songs.