Some very very good news for unsigned and indie artists this morning. Spotify have signed a deal with TuneCore, the preeminent digital distribution site.
TuneCore”™s model is designed to help unsigned artists. With a small fee per track, anyone can upload their songs to TuneCore and have them distributed to some of the biggest stores on the ”˜net (iTunes, Amazon MP3, Napster and Rhapsody, to name a few). These artists then keep 100% of the royalties and maintain the rights to their own work.
This deal with Spotify now means that these artists will be able to get their work onto Spotify”™s streaming servers, and will allow much larger audiences to access their music whilst generating streaming royalty revenue for the artists. Fantastic news all round, really.
Do you think this is a good idea, and would this deal make you more likely to use TuneCore”™s services if you were an unsigned artist? Let us know in the comments.
For further info, please read here:Â http://www.musicweek.com/story.asp?sectioncode=1&storycode=1041624&c=1