On the heels of substantial increases in payouts for 2017, CD Baby has once again announced a sharp uptick in money paid to member artists. Payouts totaled “well over $100 million” according to an announcement on the CD Baby website. What does this mean to indie artists? Does it mean anything to their supporters?
If you’re a fan, it means you may end up with a collectible. The niche artist of today could be the breakout artist of tomorrow. Fans of indie artists tend to seek physical CDs at performances.
If you’re an artist, it means that with a little bit of elbow grease applied to growing your support base, you might be able to get an uptick in your own mailbox money. If gigs are your only source of income, you are in for a rough ride unless you’ve won a Grammy.
Billboard covered CD Baby’s announcement, including these impressive stats:
“The nine-figure milestone represents a 25 percent increase over 2017, when CD Baby paid out $80.1 million — itself a 33 percent bump from 2016. According to the company’s statistics, it distributes 750,000 artists and more than 9 million tracks and publishes 170,000 songwriters and over 1 million individual songs, representing artists in more than 200 territories across the globe.”
The Crazy Daysies’ music is distributed by CD Baby (and others). I asked Rebecca what she thought about the company, and she said, “I can’t say enough good things about CD Baby.” She maintains a CD Baby Pro membership. Rebecca also attended a CD Baby conference, and she found it extremely helpful.
CD Baby’s announcement included some very positive news for the future:
“[W]e’re expecting to pay out even more for the coming year as we open up new opportunities and expand existing ways of “monetizing” music.”
~~Ed. Note: No rewards, benefits, or payola are derived from positive comments made about CD Baby in this article.
(Kay B. Day/Jan. 9, 2019)