TuneCore caps 10th anniversary with growth across the board

TuneCore caps 10th anniversary with growth across the board

TuneCore’s UK customer growth has risen from 24% up to 34% in the space of a quarter, according to newly released figures.

The company's Q1 2016 report also showed a 16% year-on year-increase in global artist earnings, up from £24.8m to £28.9m. Meanwhile, TuneCore’s UK independent grime artist Bugzy Malone charted at No.6 on Friday with his album Facing Time. 

TuneCore CEO Scott Ackerman (pictured) said: “The first quarter of 2016 has seen a successful start to the year for TuneCore globally. In the UK specifically, since launching last September, we have seen artist growth increase from 24% in Q4 2015 to 34% in Q1 2016. It’s further proof that independent artists have all the tools necessary to sustain a successful career, and we are committed to continue innovating and creating new opportunities to support musicians on a local level.”

The New York-based independent digital music distribution service is celebrating 10 years since its launch, having paid out £470m to artists based on 31.1billion streams and downloads over the past decade. Its fastest growing territories are Africa and South America, and the company now offers its artists access to professional mastering services through its partnership with AfterMaster Audio Labs.

 



For more stories like this, and to keep up to date with all our market leading news, features and analysis, sign up to receive our daily Morning Briefing newsletter

subscribe link free-trial link

follow us...