Distrokid, the online music distribution service, is expanding into the NFT industry. Furthermore, with so many music industry companies and musicians entering the NFT area, it only seems sensible that one of the world’s largest online distributors follows suit. Distrokid has teamed up with 10,000 independent artists to create one-of-a-kindContinue Reading
Spotify, the music streaming platform, has sold two-thirds of its Distokid shareholding, according to sources. The total which Spotify has pulled is estimated to be roughly $223 million.Continue Reading
Distrokid, the music distributor popular with independent labels and musicians, has received a $1.3 billion investment from Insight Partners. Philip Kaplan, the company’s founder and CEO, said: “Our growth has been wild, but the mission hasn’t changed. Most of all, we’re incredibly honored and thankful for every artist who’s chosenContinue Reading
