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. TuneCore can both manage granting permission for social network users to access tracks as well as handling the payments.
As more labels sign on to allow their catalogs’ use on Facebook, rights management companies are moving to keep pace. “As Facebook continues to explore new avenues and introduce awesome products and features, TuneCore Artists can consider themselves ‘ahead of the curve’ by granting permission for their music to be used, ensuring revenue collection will be cinch when all is said and done,” TuneCore said in today’s announcement.