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CD Baby Surpasses $200 Million in Amount Paid to Indie Musicians

November 16, 2011  |  5:56pm
CD Baby Surpasses $200 Million in Amount Paid to Indie Musicians

Independent music distribution site CD Baby has not only existed as one of the largest music distributors for over a decade but has continued to experience growth and success. A recent report from Hypebot announced that the company has passed the $200 million mark in total amount paid directly to musicians. Averaging $40 million a year, it expects to reach a quarter billion dollars in 2012.

Aside from helping artists to sell MP3s online, CD Baby specializes in selling and shipping physical copies of CDs and vinyl records to consumers. During its history it has helped break artists who are now mainstream stars (Jack Johnson, The Fray, Regina Spektor) and helped younger, lesser-known acts grow their fan bases substantially. The site also provides a home for former members of successful bands whose own careers are in transition (Ric Ocasek, Jefferson Airplane’s Marty Balin). A recent report from Hypebot announced that the company has passed the $200 million mark in total amount paid directly to musicians. Averaging $40 million a year, it expects to reach a quarter billion dollars in 2012.

The recent company growth can be partially explained by the advent of the Music Store for Facebook, a free app that allows indie artists to sell music directly to fans and customers through Facebook. Within the mere first five weeks of the app’s launch, it has already attracted over 250,000 users.

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