Music Industry News Network
Advanced Search
MusicDish Advertising Network
Subscribe to Mi2N's Free Newsletters B2N (business) i2N (indie)

Sections: Band | Business | Career | Events | Label | Music Releases | Radio | Tech | Video | Web Events
Genres: Country/Folk | Dance/Electronica | Jazz/Blues | Latin | Rock | Urban | World
International: Asia | Canada | Europe

Advertise | Artist Development | Submit Video | MusicDish*China | MusicDish e-Journal | MusicDish Network | Urban Music News Network
Business News (more headlines) 04-16-2014

TuneCore Drives Gains For Music Business, Delivering $34.1 Million In Distribution Earnings To Artists And Increasing Publishing Royalties 190% For Rights Holders In Q1 2014

Bookmark and Share
Website: http://www.tunecore.com/
New York, NY – April 16, 2014 – Showcasing its ability to drive revenue for musicians and composers, TuneCore today announced that artists who distribute their recordings through the platform have earned over $34.1 million in the first quarter of 2014 alone. The revenue was generated from nearly 1.3 billion downloads and streams, a 75% increase over the same period in 2013.

TuneCore also disclosed an impressive 190% growth in royalties collected through TuneCore Music Publishing Administration in Q1 2014 compared to Q1 2013. The increases demonstrate TuneCore’s significant position in the evolving business of music as the company continues to enable artists to successfully be in command of their own careers. An infographic with data and highlights is available at http://www.tunecore.com/index/artist_milestones

Expanding Global Distribution with New Store Partnerships

In addition to delivering gains in revenues to artists, the company also showed considerable momentum in securing new distribution partnerships, providing artists even more opportunity to get their music heard by more people around the world. In 2014, TuneCore has already added four new stores to its expansive distribution network: Bloom.fm, Guvera, Akazoo and Anghami. The new additions offer exposure to new potential fans in some of the world’s fastest-growing markets including Australia, Indonesia, Malaysia, the Middle East and North Africa as well as throughout the UK and US. The company’s substantial distribution network now enables TuneCore Artists to get their music out in over 200 countries and territories worldwide.

Driving New Opportunities for Royalties with Publishing Administration

The first quarter of 2014 also saw 190% growth in revenue to TuneCore Music Publishing Administration clients, who benefit from the company’s unique solution for worldwide composition registration and royalty collection as well as YouTube monetization.

In Q1 2014, TuneCore also drove revenue for clients through TV and movie placements thanks to the company’s proprietary Sync and Master Licensing Database and in-house Creative team. Some of the high-profile placements include:

• The Black Box: ABC TVs new medical drama debuting on April 24, 2014
• New Girl: FOX Network’s hit situation comedy starring Zooey Deschanel
• Hoovey: Upcoming movie release from EchoLight Studio that retells the inspiring true story of athlete Eric “Hoovey” Elliott’s recovery from a near-fatal brain tumor
• ESPN First Take: Morning sports talk show airing on ESPN weekdays
• America: Documentary by Dinesh D’Souza debuting July 4, 2014

Applauding TuneCore Artists’ Successes

No celebration of TuneCore’s accomplishments is complete without recognizing the artists who the company is dedicated to supporting. For the second year in a row, over 1/3 of the 2000+ acts performing at the annual SXSW Music event in Austin have distributed their music through TuneCore. TuneCore Artists are also taking center stage on television; this season 14 performers chosen for The Voice teams partner with TuneCore.

“TuneCore’s continued growth is proof that the music business is alive and well. It’s just changing from what it was 50 years ago, and that’s a good thing,” commented TuneCore President Scott Ackerman. “We’re proud to be at the center of the democratization going on throughout the industry and to have such an important role, both in getting music out to potential fans worldwide, and ensuring the artists who make that music can maximize their earnings.”

About TuneCore
TuneCore brings more music to more people, while helping musicians and songwriters increase money-earning opportunities and take charge of their own careers. The company has one of the highest artist revenue-generating music catalogs in the world, earning TuneCore Artists $405.6 million on 6.1 billion streams and downloads since inception. TuneCore Music Distribution services help artists, labels and managers sell their music through iTunes, Amazon MP3, Spotify, Google Play, and other major download and streaming sites while retaining 100% of their sales revenue and rights for a low annual flat fee. TuneCore Music Publishing Administration (based in Burbank, CA) assists songwriters by administering their compositions through licensing, registration and worldwide royalty collection, including collection of YouTube revenue in partnership with INDMUSIC. TuneCore is based in Brooklyn, NY and is backed by Opus Capital and Guitar Center. For more information, visit www.tunecore.com.

Bookmark and Share

back | top

MusicDish Advertising Network

Mi2N Music PR

MusicDish Review: Marilyn Music Single "Smoke And Mirrors"

Andre Xcellence! & American Commission Release The Official Video For "Game Of Thrones"!

Anouschka Bridges African Pop With Western Songwriting

GRAMMY Gold For Rob Chiarelli

Soundizers Announces The Release Of StereoMonoizer

Free Eventide Looper For All H9 Owners For Limited Time

Robert Kramer Releases "Branded" For Valentines Day

Cosmopolitan Country Artist Rhea Francani Releases Debut EP

MusicDish*China Song Blast
Promote Your Music Single In China

News Headlines
» Kobalt Closes $60 Million In Funding To Scale Its Technology And Services For Songwriters, Artists And Rights Owners Globally
» Sennheiser Brings Transcendent Audio To Public Television For Front And Center Entertainment’s Speakeasy
» Brooklyn-Based Music Incubator Signs Kerchief To Artist Development & Distribution Deal
» MusicDish Review: "Games Of Thrones" Music Video By Andre Xcellence
» The Free Radio Alliance Rejoins The Fight To Oppose The Performance Tax
» ASCAP Promotes John Johnson To SVP, Licensing
» WorldArts Launches As The First-Ever Digital Discovery Platform Connecting Artists With Music Fans And Exclusive Opportunities For Worldwide Exposure
» Berklee Hosts Its 10th Annual SXSW Party: Boston And Beyond On Thursday, March 19
» TheRealDBlake To Release New 2015 "Mixtape & Music Video"
» HAIDUK Entering Studio To Record Follow Up Album To 'Spellbook'

Get your music news covered...
Have your press release written
by the pros at Mi2N

» Conductor Long Yu Announces The Creation Of A New Music Canon - COMPOSE 20:20
» China Arts Foundation International 2nd Annual Chinese New Year Gala
» Avent Studio: A Touch Of Beijing Art In NYC
» Hampton Hotels Leverages Music And Emotion
» Ebook And Music Downloads Stagnate While Mobile Games And Videos See Strong Growth
» BakerHostetler Files Copyright Infringement Complaints For Freeplay Music Against Multi-Channel Networks
» Tim Lies Releases Chengjsihan Song For Chinese New Year
» CISAC Releases 2015 Global Collections Report
» Lauren Ceradini Joins Capitol Music Group As Vice President Of Publicity
» Asian Song Placements On Colectivo Bunka Compilation By MusicDish
» Sanlitun's FUBAR: The Latest Entry In Beijing's Live Music Scene
» Excellent Eclectic Night At Beijing's Underground Showcase

Mi2N's Music PR distribution service guarantees online exposure for your press release. Choose from seven (7) different packages.


Sections: Band | Business | Career | Events | Label | Music Releases | Radio | Tech | Video | Web Events
Genres: Country/Folk | Dance/Electronica | Jazz/Blues | Latin | Rock | Urban | World
International: Asia | Canada | Europe

Advertise | Artist Development | Submit Video | MusicDish*China | MusicDish e-Journal | MusicDish Network | Urban Music News Network
Copyright © 1997-2015 MusicDish LLC, all rights reserved. Text, graphics, and HTML code are protected by US and International Copyright Laws, and may not be copied, reprinted, published, translated, hosted, or otherwise distributed by any means without explicit permission.