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TuneCore now offering artists advances

TuneCore canvasTuneCore 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.

TuneCore Direct Advance lets those artists take advances at their convenience. They do not need to pledge ownership of their music to participate in the program.

“This is a one-of-a-kind integrated offering that gives artists a hassle-free, reliable way to access their future earnings quickly and easily, eliminating the difficulty often associated with obtaining advances,” TuneCore CEO Scott Ackerman said. “We are deeply invested in the careers of our artists and are committed to ensuring they have the tools and resources needed to succeed.”

Anna Washenko

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