According to the New York Times article by Ben Sisario Tune Core, “one of the world’s major
suppliers of music. Tune Core was founded in 2006 by Jeff Price, “a veteran
independent label owner, as a service for artists working under the radar of
the mainstream music industry.” For just
a small fee of $50 a year Tune Core will
place any album on I-tunes, Spotify, Rhapsody, etc. Tune Core accounts for 10%
of 20 million songs on I-tunes and 4% of all digital sales. Mr. Jeff Price is
also very public about the rights of artists being paid fairly from major
record companies. Accordingly New York Times, Jeff Price through blog posts
aggressively on the company’s blog with titles like “How They Steal Your Money
Legally.” In his own words Jeff Price stated “ he started his company that
righted a wrong. He believes that music industry typical practices are wrong
and he wants to make it right for the artists. Tunc Core last year expanded into
music publishing this makes sure artists receive writing royalties. Now that we
are in a digital age it’s became more of a challenge for artists. Lastly, with
the middlemen and all parties being involved unclaimed royalties Tune Core
customers may be owed up to $70 million. I feel this website in the end will
give new artists a since of life and hope. Tune Core just like other website
such as CD Baby are new vehicles for the music business. I feel with I-tunes
and this new digital era the entire music business could operate online be biggest e-commerce in the world. The music business continues to take bigger
leaps into this direction then the future of digital marketing, publishing, and
distribution looks bright.
Source : http://www.nytimes.com/2012/05/07/business/tunecore-chief-shakes-up-music-with-his-own-words.html?pagewanted=all&_r=0
No comments:
Post a Comment