Indie artists unlock new revenue streams never before available to them
Our rights management service for songwriters—known as CD Baby Pro—had a huge year of growth in 2014. The service now represents over 54,000 writers and administers over 246,000 songs. The catalog we administer through CD Baby Pro (which launched in February of 2013) grew by over 250% in 2014.
“While writers could sign up directly with ASCAP or BMI to collect performance royalties, many independent artists can’t get an established publisher to work with them, which is key to making other types of publishing revenue accessible” explains Rob Filomena, CD Baby’s Director of Music Publishing. “We’re making professionalized music rights management accessible to a large group of independents and, judging from the growth we’re seeing, this is an essential artist need right now.”
CD Baby Pro is allowing its members to collect — for the first time —mechanical royalties from streaming services both in the U.S. and abroad. In addition, direct registration of songs with over 40 foreign societies has accelerated payment to members for performances in these territories by years in some cases, whereas relying on U.S. PROs alone would have taken much longer.
“We continue to help our members understand that performance royalties are only part of the equation with streaming services,” says Kevin Breuner, CD Baby’s vice president of marketing and host of the DIY Musician podcast. “You can’t collect Spotify mechanicals or U.K. iTunes mechanicals without a publisher. I just came across one of our artists making $3000 from Viacom airplay royalties in foreign territories that they wouldn’t have collected without CD Baby Pro. They wouldn’t have even known it was getting played.”
“Every little bit helps for today’s independent artists,” Breuner concludes, “and it’s only going to increase from here.”
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