Beatport Has Paid Out $300 Million To Independent Labels
Dance and DJ focused Beatport is turning 16 and with the birthday comes some new stats.
Beatport has paid indie labels $300 million since launching in 2004 with “payouts have risen for the last three years”. Those payouts went to more than74,000 independent labels in 2019, up 8,000 labels from the previous year, according to the company
Total downloads from Beatport reached 259 million in 2019, up from 200 million in 2017.
The Beatport Link streaming platform claims 9 million tracks available, and a new feature called ‘Link Playlists’ encompasses 420,000 unique playlists available for DJs.
“Beatport is moving into 2020 stronger than ever. The global DJ community is going to see innovative tools and services coming from Beatport in 2020 as we continue to evolve our company,” said CEO Robb McDaniels in a statement.