TuneCore artists earned $42 million in the first quarter of 2016, up 16% from the same quarter last year. Revenue from music streaming services like Spotify, TIDAL, Deezer and Rhaposdy has grown significantly, according to the digital music distributor.
More new TuneCore stats:
- TuneCore artists’ earnings have grown by 730% from YouTube Art Tracks
- Gross revenue has increased by 126% from YouTube Sound Recordings.
- The Publishing Administration arm of TuneCore has seen a 188% increase in sync revenue.
- Placements in popular TV shows include Empire, Grey’s Anatomy, The Goldbergs and Shameless.