Music production marketplace BeatStars, which received a lot of media attention last year for being the source of the track used for Lil Nas X’s global hit Old Town Road – has launched BeatStars Distribution.
The news comes just three months after BeatStars inked a deal with Sony/ATV, which says that it will work on behalf of BeatStars’ clients to pitch original songs and beats for sync opportunities and recorded music.
Founded by Abe Batshon (pictured) in 2008, BeatStars currently has offices in Austin, Texas, Funchal (Portugal) and Porto Alegre, Brazil.
The company claims to have paid out over $85 million to music producers licensing beats to artists on the platform and says that it is on track to reach $100m paid out by Fall/Autumn 2020.
BeatStars counts over 2 million users, including Grammy Award-winning producers like Mr. Porter, DJ Green Lantern, and Statik Selektah.
The BeatStars Distribution service allows artists and producers to host their music on more than 30 download and streaming platforms and offers an analytics dashboard that allows creators to track their streams across platforms.
The new service is priced at $1.99 per month for unlimited tracks and artists get to keep 100% of earnings collected. Collaborators can also be added for automatic splits free of charge.
BeatStars claims to have signed up over 4,000 users to the new service in its first week of launch.
“This is just the beginning of our music distribution journey.”
Abe Batshon, Beatstars
Speaking to MBW, Abe Batshon said: “We’re super excited to introduce the first phase of our Distribution offering for our community.
“With over 4,000 musicians opting into the service during the first week, it truly is a testament to the fact that our creators are hungry for a service that can easily facilitate the creation, monetization and promotion needed for the music lifecycle.
“BeatStars was the first digital music service that introduced collaborator income splits on the track level back in 2008 and we’re excited to say our distribution service will adopt the same collaboration and royalty sharing at no extra charge for collaborators added.
“This is just the beginning of our music distribution journey as we are already working on Phase 2 of our offering that will truly disrupt the way artists and producers collaborate and distribute their music.”Music Business Worldwide