Universal Music Group (UMG), the world’s largest record company, has sued Believe, the global distributor of music recordins. Believe is also the parent company of leading music distributor TuneCore, which is a popular on-ramp for indie musicians putting their music into global streaming platforms. Click for quotes and link to the court document. Continue Reading
The new royalty attribution method recently deployed by Universal Music Group and streaming music platform Deezer seeks to make royalty calculation more fair. But the change is not universally applauded. Two digital distribution companies Believe and TuneCore, whose customers are mainly indie musicians, calls the system “reverse Robin Hood.” Continue Reading
We learned in March that Scott Ackerman would step down from his eight-year CEO role at TuneIn. Today we know who is succeeding him — it is Andreea Gleeson. She, like Ackerman before her, is elevated from within the company where she leaves behind her role as Chief Revenue Officer. Click for details. Continue Reading
The Latin American (LATAM) market is an important and growing business for music services, so it makes sense that it would be for distribution to those services. One of the leading such companies, TuneCore, has announced its expansion into LATAM countries. Tunecore localizes its efforts, building out member websites in 13 languages. The company pays out about $1M per day in artist royalties. Continue Reading
TuneCore CEO Scott Ackerman will exit the digital distributor on April 15. He has been at the helm of TuneCore since 2012, and spent the two years prior as its chief operating officer. Continue Reading
Two independent music distributors have entered a partnership with China’s Tencent Music Entertainment. The deal means that TuneCore and CD Baby can bring their clients’ work to audiences the huge Chinese audience. Continue Reading
TuneCore announced that it is adding a new service called Facebook Monetization. This feature is free for all TuneCore Artists and allows them to ensure correct payments when the performer’s work is used on either Facebook or Instagram. Continue Reading
Digital distributor TuneCore has entered a partnership with Sentric Music, a British publishing rights organization, to improve its services for independent artists. Under the deal, TuneCore will use Sentric’s technology and direct global collection network for an all-in-one publishing administration service that offers members more chances to collect revenue on their work. Continue Reading
TuneCore announced that its artists have collectively earned more than $1 billion in collective revenue from downloads and streaming. The company offers artist services and music publishing administration, helping to collect the royalties from digital platforms including iTunes, Amazon, and Spotify. Continue Reading
TuneCore has entered a collaboration with Lyric Financial, a financial services and tech company focused on the music industry. As a result, TuneCore will begin offering U.S.-based clients automated online advances on their future distribution sales revenue. Continue Reading
Universal Music Group leads the labels in volume of audio streams distributed in the U.S. during 2016, according to Music Business Worldwide. The major was responsible for 84.03 billion audio streams, about a third of the total market. Continue Reading
TuneCore has launched an outpost in Italy. The Italian website will have local content and cater specifically to independent artists in that nation. Continue Reading