CD Baby artist payments up 26% in 2020 including 111% YouTube Music growth
[UPDATED] CD Baby saw revenue from Spotify, Apple Music, and other streaming services increase 14% in 2020, bringing in over $125 million in streaming revenue for their artists last year.
Overall revenue paid to artists from all sources was up 26% over 2019.
Unsurprisingly, Spotify generated the most steaming revenue for CD Baby’s indie artists, but YouTube Music logged the biggest increase. For the last 5 years, YouTube Music revenue has doubled year-over-year for CD Baby artists, but 2020 saw 111% growth in revenue.
[More key takeaways after the infographic.]
CD Baby 2020 Streaming Revenue Report: Key Takeaways
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