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 ...
Register for a Music Week trial to access this article.
Sign up for your free trial to Music Week, the no 1 weekly trade magazine for anyone who needs to understand the business of music. For four whole weeks we will provide you with great, in-depth journalism that gets right inside the business of music in print and 24/7 online. With both the print and digital edition you will be able to enjoy the whole Premium experience of a subscription to Music Week - absolutely free.Start your free trial