CD Baby, the largest seller of independent music in the world, is thrilled to announce it has now paid over 100 million dollars to indie artists. 2008 marked the company’s 10th consecutive year of increased CD sales (up 2% over 2007), despite an industry wide drop of almost 14% and global economic slowdown. iTunes and other digital partner sales through CD Baby totaled $24.2 million in 2008, almost a 42% increase from 2007.
All this success has directly benefited the artists who rely on CD Baby’s services with 34 million paid out in just the last year alone — up a whopping 28% from the prior year.