TuneCore pays artists $33.2 million royalties in Q2

Coral Williamson

TuneCore has announced that it paid out $33.2 million in digital music royalties in the second quarter of 2014, down from $34.1m in Q1 but up 18.4% year-on-year.

Figures released this week (July 16) give TuneCore digital royalties a run rate of approximately $125 million. RIAA members, including TuneCore, will generate digital sales of around $4.3 billion this year, Billboard estimates.

Digital music services that work with TuneCore include iTunes, Amazon and Spotify. Internationally, TuneCore also distributes to Simfy and ...

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