My band are close to releasing our first single and I'm looking into which distributor to use. It's a minefield, and which one to use seems a bit of a gamble.
When I researched this a year or so ago, it looked like CD Baby with their one-off Pro payment (ensuring 100% royalties, for what that's worth) was a great option, but it seems that Pro has been retired and all that remains is their cheaper payment with a 15% cut of royalties.
I mean, it's all pretty academic, 15% of f**k all is still f**k all, but I'm very risk-averse and in the distant reaches of my imagination where we're the next big thing, committing to something now could be potentially costly.
Anybody that's already been through this have an wisdom to share? My head hurts.
Comments
- perpetuity : if you want your music to STAY on the streamers if you end your relationship with then, it's a fee per release
- withdrawl fees : if you withdraw to paypal I think it's £1 per draw down, to a bank account I think it's a fiver. Might be the other way around. Which, you know, with spotify that negates income from 6,000 - 12,000 streams depending on your account.
CD Baby, you pay 15% of income but music is there forever. Slightly more beneficial for album releases than singles as it's the same fee regardless to upload. I think the reach is slightly less for the weirder streamers, but it still covers your main ones. They do help to guarantee/verify your artist youtube account if you don't have one already.
All horses for courses though, I think Distro is easier to set up and if you're splitting royalties it's straight forward as long as the other person ALSO has a Distro account (immediately multiplying the cost by x members ... we have a band account to circumvent this).
I'm by no means an expert, we are still weighing up the pluses and minuses ourselves for the next album release.