TuneCore.com is the online digital music distributor that takes an upfront fee from artists but no backend. Guitar Center, the national chain, has purchased an interest in TuneCore’s operations. To save an artist the time and trouble of signing up with online retail directly, the TuneCore digital agent, for example, charges $7.95 (yearly fee) + .99 cents per song uploaded + .99 cents on every additional digital store opted for outside of the first one free. So to just put your band’s ten song CD on iTunes U.S. = $17.85. Of course if you add Rhapsody to this it’ll be $18.84 and so on. In contrast, a competitor like Iodalliance.com (IODA) takes no money upfront, posts your music on 250 digital stores, and takes 15% of all revenue.
Guitar Center Buys Percentage of TuneCoreIn Music Business on January 9, 2007 at 1:07 pm