TuneCore paid $32.7 million to artists in the third quarter of 2014. That amount marked a 13.2% increase over the payouts made by the digital music distribution company in the same quarter of 2013. This is a solid performance, nearly matching the more than $33 million it distributed in 2014’s second quarter. Since launching in 2006, it it has paid $471.5 million for its clients. Continue Reading
KKBOX, a leading Asian streaming music platform, has obtained a $104-million venture investment from GIC, which the company calls “Singapore’s sovereign wealth fund.” The company says it will use the money to develop its listening platform and expand to new markets. Continue Reading
TuneCore announced the launch of Artist Services, a new portal to help musicians handle the business side of their craft. It includes resources for building a website, managing merchandise, and engaging with fans. It also introduced a unique feature called Track Smarts for music research. Continue Reading
TuneCore, a leading digital agency that helps musicians distribute their recorded work to digital outlets, announced that its second-quarter revenue distribution totaled over $33-million dollars, an 18% increase over the same period last year. RAIN spoke to Scott Ackerman, TuneCore CEO, to dig deeper into the growth trend, particularly on the music-streaming side. Continue Reading
Tunecore, one of several intermediaries that provide a gateway to digital distribution for independent musicians, announced on its blog that 330-million dollars has been paid out to musician clients during the company’s seven-year history. Tunecore represents an interesting and significant… Continue Reading