Digital music distribution company TuneCore posted its second-quarter results, which include $44 million earned by its members. That total marked a 24% increase from the same period in 2015, when revenue for artists was $35 million. Continue Reading
TuneCore announced that its artists earned $42 million in Q1 2016, a 16% increase from the year-ago period. Streaming platforms posted steady growth in earnings in this quarterly update. Continue Reading
Here’s a collection of some noteworthy developments emerging from Cannes, where the music industry has descended for the Midem conference. The opening keynote for the event gathered several industry leaders to talk about the future of the music business. TuneCore CEO Scott Ackerman also gave a talk and the Worldwide Independent Network released a report. Continue Reading
TuneCore announced that it has launched its digital distribution and publishing administration business in Germany. The German debut means that artists in that market will have access to the company’s support services and can choose to release their work to TuneCore’s digital storefront partners. Continue Reading
A platform called Songtradr comes out of beta today, hoping to create a market that is both friendly and accessible to creators, and productive for producers searching for perfect project music. RAIN News spoke with Founder & CEO Paul Wiltshire. Continue Reading
TuneCore’s artists eared more than $142 million in 2015 thanks to a 47% increase in publishing revenue and a 57% spike in sync revenue. The full-year figure was up 7% over the clients’ earnings in 2014. Continue Reading
On the Move tracks hires, promotions, and other notable personnel changes within the online audio industry. Today’s moves include new C-suite roles for Shazam and Marketron. Also Univision and TuneCore each made hires at the VP level. Continue Reading
Digital distributor TuneCore reported that in the third quarter of 2015, artist payments rose 6.1% to $34.7 million. The represented artists also had 3.6 billion streams and downloads during the period. In addition to the quarterly update, TuneCore announced that it is opening an office in Atlanta. Continue Reading
TuneCore has expanded to Australia, with the launch of its distribution and publishing services in the new TuneCore Australia division. This new branch will allow artists based in Australia to access all of TuneCore’s usual suite of features in the local currency. Continue Reading
TuneCore announced the addition of two new team members and a new office to its U.S. operations. Gillian Morris will be the company’s vice president of publishing. Amy Lombardi joins as a manager of artist relations. Continue Reading
TuneCore has announced its formal expansion into the UK. The publishing administrator has been serving UK-based artists for some time, but the new change will allow those performers to continue collecting licensing revenue in their local currency. Continue Reading
TuneCore released data on its Q2 payments. Artists received more than $35 million through the distribution and publishing administration service during the period. The total marks a 6% increase from payments in the second quarter of 2014, but a slight decline from the $36 million paid out in the first quarter of this year. Continue Reading