TuneCore Tops $5 Billion in Artist Earnings: ‘Creative Freedom and Financial Success Can Go Hand in Hand’
Independent artists have earned more than $5 billion through TuneCore. The distribution partner for self-releasing artists — owned by Paris-based Believe — announced the $5 billion milestone today, marking the first public achievement of its kind among distributors for self-releasing artists, according to the company.
“Crossing $5 billion earned by TuneCore artists is a defining milestone for independent music—it shows that creative freedom and financial success can go hand in hand,” said TuneCore CEO Andreea Gleeson in a release. “Reaching this milestone didn’t just happen; it’s the result of listening closely to what artists need today and evolving TuneCore to power their growth. By combining innovation with intention, we’ve built programs like TuneCore Accelerator to help artists reach new audiences, and publishing services that ensure they collect every cent their music generates. This milestone reflects the extraordinary talent and drive of our artists around the world, and we’re proud to be the partner helping to fuel their success.”
TuneCore was founded in 2006 with a mission to democratize music distribution for self-releasing artists and has evolved into a global company for independent artist development. Surpassing the $5 billion milestone reflects the cumulative earnings of all TuneCore artists since 2006 from bedroom producers to global stars alike—and comes just 17 months after surpassing the $4 billion mark.
“This achievement is a testament to TuneCore’s unwavering commitment to innovation for the independent artist community,” said YouTube’s global head of music Lyor Cohen in a statement. “For almost two decades, they’ve been committed to providing the infrastructure for artists to build durable careers and monetize their work. We share that mission—ensuring that YouTube is the global destination for their artists to build meaningful connections with their fans. We are proud to partner with TuneCore and celebrate this monumental success!”
TuneCore credits its nearly two decades of success to its parent company Believe which has direct relationships with digital service providers and streaming platforms worldwide. Another recent factor in the company’s success comes from the TuneCore Accelerator, the company’s flagship artist development platform. Accelerator provides artists with access to promotional and marketing opportunities designed to drive discovery, build audiences, and deepen fan engagement. In just the past year, artists in the program have generated over 21 billion new streams, sparked 2.5 billion artist discoveries, and seen their median royalties grow fivefold.
DSPs from Spotify to Apple Music are celebrating TuneCore’s milestone. With Spotify’s svp/global head of music Charlie Hellman stating, “We are proud to partner with TuneCore to uplift independent artists and enable countless songwriters, producers, and performers to turn their passion for music into a career. TuneCore paying $5B to artists is an inspiring milestone that reflects how far independent music has come in the streaming era.”
Apple Music and Beats vp Oliver Schusser added: “At Apple, we celebrate the creativity and value of creators across every stage of development, and we commend TuneCore for helping so many talented independent artists from around the world earn money and build careers on their own terms. Congrats!”
Globally, TuneCore’s reach continues to expand, with over 75% of new artists and labels joining TuneCore in the last year coming from outside the United States.
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