BeatStars is one of the websites where artists and producers can go to buy beats to use in their new tracks, and it’s currently enjoying a spell in the limelight thanks to being the source for the beat in Lil Nas X’s global chart-topper ‘Old Town Road’.
The company has also announced a new milestone: $50m paid out to the producers who create and sell beats on its platform. “The $50 million earned mark for our creators is an amazing achievement for the community that we serve and the company we are striving to build,” said CEO Abe Batshon in a statement published by Billboard. Its article also notes that $20m of those royalties were paid out in 2018, double the total for the previous year.