The CTO of Create Music Group and the founder of Label Engine Rich Billis discusses about entrepreneurship, the background of Label Engine, and fairness in the music industry.
Over 1,500 labels and a total of over 90,000 artists use Label Engine to distribute music. Over 10 million tracks have been distributed and over 12 million promotions have been sent. Label Engine’s accounting feature has processed over $250 million in royalties. Label Engine was acquired by Create Music Group in 2015, and since then all of Create Music Group’s artists are powered by Label Engine’s distribution platform.
“That’s something that Label Engine has contributed to the music industry as a whole. It’s helping labels to accurately pay out their artists and making sure things are done fairly.” – Rich Billis
Read the interview on Starter Story here.