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DistroKid, a distributor of music, has announced the launch of DistroKid Publishing, a new service that makes it easier for eligible independent artists and songwriters to collect publishing royalties generated by their music around the world.
DistroKid President Phil Bauer, told us, "The top request we've been getting from DistroKid members is for help collecting the music publishing revenue generated by their songs, something that has historically been very difficult for independent artists. Through this partnership with Kobalt, we're making it easier than ever for songwriters to collect the royalties they've earned, with just a few clicks from their DistroKid dashboard."
Here's more details from the company...
DistroKid Publishing is available to songwriters and artists who have at least one release with DistroKid and have earned more than $50 in streaming revenue in the last 12 months. The service has a one-time setup fee of $75 per songwriter, and songwriters receive 80% of the publishing royalties collected. There is no long-term commitment, and songwriters can opt out at any time. The new service is powered by a partnership with Kobalt, the world's largest independent music publisher.
DistroKid Publishing is the latest addition to the company's expanding suite of tools and services designed to help independent artists build their careers and businesses beyond music distribution. These include DistroKid Direct, which enables artists to sell music and merchandise directly to fans; DistroVid, which distributes music videos to Spotify and other platforms; as well as tools for instant mastering, monetization, promotion and more.
About DistroKid
Founded in 2013, DistroKid distributes 30-40% of all new music in the world. They have built their business on providing musicians, managers and record labels with online tools and services that are innovative, easy-to-use, and affordable. More than 4 million artists rely on DistroKid, including hobbyists, up-and-coming musicians, top influencers, and international stars. DistroKid's expanding array of services include music and video distribution, direct-to-fan tools, instant mastering, monetization, metadata customization, storage, and promotion. DistroKid's skilled staff, coupled with a largely automated backend, has enabled DistroKid to process more than 45 million songs, while simultaneously providing fast, personal & friendly customer service to artists of every size.