SUBSCRIBE FOR FULL CONTENT ACCESS: VIEW OFFERS
Connect with us

Creative Industries

TuneCore has paid $2.5 billion to indie artists since it launched in 2006

Published

on

TuneCore has disclosed that it has distributed $2.5 billion to artists since the automated digital music distributor for the independent sector launched in 2006.

TuneCore said the bulk of the royalties paid came from downloads and streams on partner platforms such as Spotify, Apple Music, Amazon Music, Deezer, and Tidal. To date, the company’s artists have accumulated 500 billion streams and 700 million downloads.

The company explained that the $2.5bn figure is "the cumulative total of ...

A paid subscription is required to read more.
Log in below, or UPGRADE / SUBSCRIBE.

Emmanuel is a Washington, DC-based freelance journalist, blogger and media consultant, specialising in the entertainment business and cultural trends. He was the US editor for British music industry trade publication Music Week. Previously, he was the editor of Impact, a magazine for the music publishing community (2007-2009), the global editor of US trade publication Billboard (2003-2006), and the editor in chief of Billboard’s sister publication Music & Media (1997-2003).

Creative Industries

Musical chairs — Week 5, 2023

Published

on

GLOBAL

BMG's Thomas Coesfeld

German entertainment and media group Bertelsmann has picked Thomas Coesfeld to succeed Hartwig Masuch as CEO of music division BMG, effective January 1, 2024. Coesfeld has served as CFO of BMG since April 2021. The change in leadership is part of “a long-term succession plan,” according to Bertelsmann. Masuch will remain associated with Bertelsmann in an advisory capacity. Coesfeld will also take a seat on the Bertelsmann Group Management Committee (GMC), whic...

A paid subscription is required to read more.
Log in below, or UPGRADE / SUBSCRIBE.

Continue Reading

Creative Industries

Music deals — Week 5, 2023

Published

on

Here's a list of the week's most important deals:

Hipgnosis Song Management has acquired various rights from the song catalogue from TMS, the British songwriting and record production team consisting of Tom ‘Froe’ Barnes, Benjamin Kohn and Pete ‘Merf’ Kelleher. Hipgnosis has acquired a 100% interest in publishing copyrights — including the writer’s share of performance —, producer royalty streams and neighbouring rights for 217 songs in the TMS catalogue. Terms of the agreement were not ...

A paid subscription is required to read more.
Log in below, or UPGRADE / SUBSCRIBE.

Continue Reading

Creative Industries

Key figures — Week 5, 2023

Published

on

52 billion

That's the number of cumulative minutes US subscribers to Netflix spent watching the show 'Stranger Things' in 2022, making it the most watched streaming show of the year, according to Nielsen. The second most viewed show was 'Ozark', also on Netflix, with 31.3 billion minutes. In the top 15 most watched shows, only two were not from Netflix — 'The Boys' and 'The Ring of Power' on Amazon Prime.  

3.75 billion

That's the total number of people in the world who were using a so...

A paid subscription is required to read more.
Log in below, or UPGRADE / SUBSCRIBE.

Continue Reading

Trending