Sunday, November 11, 2012

Tune Core Chief Jeff Price wakes up the Music Industry with his own Words.


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