What are DistroKid Plans and DistroKid Bank?

In today’s digital age, music distribution has become more accessible and artist-friendly. Services like DistroKid have revolutionized the industry, allowing independent musicians to distribute their music to various streaming platforms. In this article, we’ll delve into DistroKid plans and the DistroKid Bank to help artists understand what options they have and how they can manage their earnings effectively.

DistroKid Plans Overview

DistroKid offers multiple subscription plans tailored to different needs and budgets of artists. Here’s a breakdown:

1. Musician Plan

The Musician plan is the most basic option available. It's ideal for solo artists who are just getting started. This plan allows you to upload unlimited songs and albums for a single artist profile. It's a cost-effective way for newcomers to get their music onto major platforms like Spotify, Apple Music, and more.

2. Musician Plus Plan

Next up is the Musician Plus plan, which offers advanced features for independent artists who want more control and analytical data. This plan includes everything in the Musician plan, plus:

• Two artist profiles
• Customizable label name
• Release date scheduling
• Daily sales statistics
• Customizable iTunes pricing

3. Label Plans

DistroKid’s Label plans cater to those managing multiple artists or running a small label. There are several tiers within the Label plans, depending on the number of artist profiles required:

• 5 artists
• 10 artists
• 20 artists
• more than 100 artists

These plans include all the features of the Musician Plus plan, with the ability to manage more artists, making them perfect for small to mid-sized labels.

Understanding DistroKid Bank

The DistroKid Bank is where artists can view and manage their royalties and earnings from streamed music. Here’s how it works:

Overview of Earnings

In the DistroKid Bank, artists can see their accumulated earnings from different platforms. This section provides a detailed breakdown of earnings, making it easier for artists to track their income. Earnings are displayed per store, per song, and per period.

Withdrawals

Artists can withdraw their earnings directly to their bank accounts or via PayPal. The process is straightforward:

• Go to the "Bank" section
• Choose the amount to withdraw
• Select the withdrawal method (bank transfer or PayPal)
• Follow the prompts to complete the transaction

Detailed Statistics

DistroKid Bank offers detailed statistics, allowing artists to analyze their performance across different platforms. This includes:

• Graphical representations of earnings over time
• Top earning tracks and albums
• Breakdown by geographic region
• Detailed reports on how each track is performing

Key Benefits for Independent Artists

Both DistroKid plans and the DistroKid Bank provide numerous benefits for independent artists:

1. Access to Major Platforms

With any DistroKid plan, artists can get their music on major platforms quickly and efficiently, increasing their reach and potential fan base.

2. Unlimited Uploads

Regardless of the plan, DistroKid offers unlimited uploads, allowing artists to release as much music as they want without additional costs.

3. Easy Earnings Management

DistroKid Bank simplifies the process of managing and withdrawing earnings, providing transparent and detailed insights into how music is performing financially.

Conclusion

DistroKid offers versatile plans catering to the differing needs of independent musicians, whether they are just starting out or managing multiple artists. The DistroKid Bank is a valuable tool for artists to manage their earnings efficiently. By understanding these options, artists can make informed decisions to enhance their music distribution strategy.

For those looking to explore more options for music distribution, consider SoundOn. Offering a robust platform for marketing and distribution through partnerships with TikTok and more, SoundOn is designed to help artists build a successful career in the music industry.