DistroKid Says It Puts Out Nearly 40 Percent of the World's New Music

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Indie distributor DistroKid says it puts out nearly 40 percent of the world’s new music.

Splits was launched in 2017 to give artists a transparent, online portal that makes splitting up a song’s percentages of royalties more hassle-free. The idea: Whether you created a beat, produced the majority of a track, wrote the lyrics, sang one part, or brought the weed that inspired the creative direction, what you’re owed is clear — and the payments are automatically dispensed and logged. Splits 2.0, which arrives Friday, aims to make the process even more adjustable.

“Artists love DistroKid’s Splits feature, and have been asking if we could add a tool that enables them to reimburse a collaborator who fronted money for a video or studio time, or provided some other service on an individual track,” DistroKid founder Philip Kaplan said in the release. “We’re excited to roll out Recoupments, which give artists even more control over how their earnings are distributed.

 

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