BandLab’s Series B round was revealed in April to have closed at $65 million, with a post-money valuation of $315 million, and comes at a buoyant time for the music creator sector. Today brings further evidence of this, as music production marketplace and distributor BeatStars reveals that it has paid out $200 million to date, to creators worldwide who license and sell beats and sounds via its platform.
Source: Music marketplace BeatStars has paid out $200m to creators to date