How an online distributor is making record labels unnecessary
TuneCore is a premier digital music distribution company with one of the largest music catalogues in the world.
It is one of the biggest development in the music industry in the past decade. Up to date Tunecore has generated almost 100 millions dollars in project revenues for their artists in total. Tunecore attracts artists from around the world because what they provide is a straightforward and affordable pricing model that allows the artists to keep 100% of your rights and sales revenue. In the last few years the revenue of Tunecore rose 120% in total, from a sales revenue of 3.4 billion in 2013 to 7.5 billion last year. This is a growth never seen before made by only independent artists.
What makes Tunecore unique is the ability for the artist to connect to the music streaming services directly without having to go through a music label. In a more simple way to explain is that Tunecore is eliminating the middle man, that usually takes a big percentage of the share. Most of Tune Core’s earnings come from North America and Europe, the expansion to Asia is in the works but have been a success according to reports made by billboard.com in the past year. In conclusion, Tune Core has been an intriguing to creation that allows independent artists to share their music with the world without having to be picked up by a huge label that has unlimited amounts of money to back their projects up. They don’t have to be kept in the shadows after they are sign and they can release music whenever they want to share it with the world. The process of uploading your music to Tunecore and then seeing it on Apotify, Apple Music, Tidal, Deezer, Joox, or Pandora only takes about 1-2 weeks. This is a breakthrough!
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