TuneCore Introduces Royalty Payments (Splits) To Fuel Collaboration For Self-Releasing Artists
By launching Splits, TuneCore now features the most comprehensive suite of artist support services and the industry’s most affordable distribution pricing plans for self-releasing artists worldwide
Leading digital music distributor for self-releasing artists, TuneCore, a division of Believe, one of the world’s leading digital music companies, has launched royalty splits.
The move facilitates seamless collaboration between music creators and better serves the self-releasing artists community — a group that is helping drive the continued growth of the UK’s independent sector, which now represents nearly 30% of the market.
Andreea Gleeson, CEO, TuneCore commented, “Our goal at TuneCore is to make our artists’ lives easier so that they can focus on making music. For years, self-releasing artists at all stages of their careers have been required to take on additional support roles to sustain their artistic endeavors. By offering splits, TuneCore artists can now spend less time being accountants and more time making great music.”
TuneCore artists are now able to split their royalty payments from their streaming & download revenue between all collaborators on any track or album. All TuneCore artists on a paid UNLIMITED release plan are automatically eligible to utilize royalty splits, while those who utilize TuneCore’s free New Artist plan can access splits for just £6.99 a year through the Splits Collaborator add-on, all with no royalty commission paid to TuneCore from their streaming and download revenue.
Sarah Wilson, TuneCore Head of UK, commented, “As a company we encourage independent artists to create as much as possible, to reap the rewards of their talents, and in today’s landscape that often means collaborations, or working as part of a creative team. The best part of a musician’s journey is often making the music; the bureaucracy that goes around it, not so much. That’s where we’re lifting the burden with Splits, taking away that hassle and gifting them that time back to be creators. Along with Unlimited Pricing, this truly allows maximum focus to be on the art, and not the paperwork.”
[Watch] TuneCore video - Splits is Here
Through splits, TuneCore also offers price-sensitive creators a means to facilitate collaboration by allowing them to offer featured artists a share of streaming and download revenue rather than paying an advance fee, decreasing the upfront financial barriers that could otherwise block collaboration.
Once splits are registered for a track or album, TuneCore will provide automatic payouts to collaborators as well as full visibility into payout details. Artists will be able to execute functions such as editing their splits at any time, adding or removing collaborators, and updating percentages, thereby lifting the burden of handling accounting for all collaborators on a specific track and allowing the artists to focus more on working together to create art and express themselves through music.
About Believe:
Believe is one of the world’s leading digital music companies. Believe’s mission is to develop local artists and labels in the digital ecosystem by providing them with the solutions they need to grow their audience at each stage of their career and development. Believe’s passionate team of digital music experts around the world leverages the Group’s global technology platform to advise artists and labels, distribute and promote their music. Its 1,610 employees in more than 50 countries aim to support local artists and labels with a unique digital expertise, respect, fairness and transparency. Believe offers its various solutions through a portfolio of brands including TuneCore, Nuclear Blast, Naïve, Groove Attack and AllPoints. Believe is listed on compartment A of the regulated market of Euronext Paris (Ticker: BLV, ISIN: FR0014003FE9). www.believe.com
About TuneCore:
TuneCore is the leading independent development partner for self-releasing artists to build audiences and careers – with technology and services across distribution, publishing administration, and a range of promotional services. TuneCore Music Distribution services help artists, labels, and managers sell their music through Spotify, Apple Music, Amazon Music, Deezer, TikTok, Tencent, and more than 150 download and streaming stores worldwide, while retaining 100 percent of their sales revenue and rights for a low annual flat fee. TuneCore Music Publishing Administration assists songwriters by administering their compositions through licensing, registration, worldwide royalty collections, and placement opportunities in film, TV, commercials, video games, and more. The TuneCore Artist Services portal offers a suite of tools and services that enable artists to promote their craft, connect with fans, and get their music heard. TuneCore, part of Believe, is headquartered in Brooklyn, NY, with offices in Los Angeles, Nashville, and Atlanta, and operates globally through local teams based in the UK, Germany, France, Belgium, The Netherlands, Italy, Brazil, Mexico, Nigeria, South Africa, India, Japan, Indonesia, Thailand, Philippines and Singapore across 5 continents. www.tunecore.com