Beats marketplace BeatStars expands into distribution
Posted on: 27 juillet 2020, by : Stuart Dredge

BeatStars is the online music marketplace that famously sold Lil Nas X the $30 trap beat that he’d use for ‘Old Town Road’.
By June 2019, the company had paid out more than $50m to its community of producers supplying beats for sale, and that had grown to $70m by April 2020, when BeatStars signed a deal with Sony/ATV for the latter to provide its community with publishing and administration services.
Now there’s a new figure for payouts – $85m – and the announcement of a move into traditional distribution.
BeatStars Distribution will offer services for its 2m+ musicians to put their music on more than 30 download stores and streaming services, according to MBW, charging a flat monthly fee of $1.99 with musicians keeping 100% of their royalties.
The company says it signed up more than 4,000 artists for the new tool in its first week after launching.
The post Beats marketplace BeatStars expands into distribution appeared first on Music Ally.
Source: Music ally

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