Home Music Business TuneCore Artists Earned $42 Million In Q1 2016

TuneCore Artists Earned $42 Million In Q1 2016

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TuneCore artists earned $42 million in the first quarter of 2016 – a growth of 16% from last year’s first quarter, according to the digital music distributor.

TuneCore is a Brooklyn, New York-based distribution service that was founded in 2005. It gives musicians and right-holders a chance to distribute, sell or stream music on online streaming platforms iTunes, Spotify, Amazon Music, Google Play, Tidal, and others.

They also offer music publishing services and give songwriters a chance to register their creations and collect royalties internationally.

TuneCore artists have earned more than $648 million in total since 2006.

More new stats:

-TuneCore artists’ earnings have grown by 730% from YouTube Art Tracks
-Gross revenue has increased by 126% from YouTube Sound Recordings.
-The Publishing Administration arm of TuneCore has seen a 188% increase in sync revenue.
hypebot.com

To add onto that, please check out the infographic below:

TuneCore

 

 

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