With a fully customizable payout management platform and robust 1099/1042-S tax reporting suite, Trolley allows users to make and manage payments to 215+ countries in 135+ different currencies.
One of the largest distributors of independent music in the world, CD Baby has paid out over $1 billion to independent artists worldwide in its 24 years of operation—and that number is only accelerating.
Trolley’s API-first payouts platform eliminates manual payout processes, giving the CD Baby team all the tools they need to automate payments to their artists.
“The music industry is very different today than even five years ago. Independent music makes up almost half of all releases today. We’re seeing more and more artists looking to us to help them monetize their passion,” says Christine Barnum, CD Baby’s Chief Revenue Officer.
Currently boasting over 10 million tracks distributed via both physical and digital formats, CD Baby was looking for a platform to handle its substantial payouts needs and tax reporting requirements and grow alongside them.
“This volume of artist payouts was becoming a significant challenge until we integrated Trolley. In the first six months of working with Trolley, we’ve not only streamlined our payouts process, but we’ve improved our tax reporting workflow.”