And instead of having to wait for royalty statements, they get paid instantly and can license the same beat to multiple artists, the company said.

Abe Batshon, the founder and CEO of Beatstars, told ABC News that artists who use the company's website have licensing agreements that are 'formatted to make sure producers never lose their writer shares in any beats that are licensed out.'īeatstars members pay a monthly user fee but they keep 100% of their sales revenue.