BROOKLYN NY (Hypebot) â€“ Many digital distributors are still trying to find their footing, but one outfit seems to have found its own indie sweet spot. TuneCore.com artists and labels earned more than $1 Million in January marking a new peak for the flat fee discount digital distribution service. TuneCore says customers have now earned a total of over seven million dollars from digital sales of their music.
Tunecoreâ€™s revenue growth is in part being fueled by big names like Bjork, Nine Inch Nails, Keith Richards and Jay-Z, But according to the distributor unsigned artists are earning the majority of the revenue generated.
Two examples of artists thriving under the new paradigm:
In just two weeks in January, major label refugeee Josh Kelley sold 18,000 copies of his album 'Special Company,' and over 47,000 additional individual songs, earning him over $135,000 via Tunecore. Kelley hit #7 on Billboard's Heatseekers chart, and #27 on the magazine's Top Independent Albums chart.
Meiko has sold over 100,000 songs since November, 2007. Her self-titled album reached #35 on the iTunes Store Top 100 Albums chart and #1 on the Folk album chart. She was recently featured as an iTunes Store Indie Spotlight artist and Best of 2007 Spotlight artist.
Meiko said, "It's amazing to think that only a few years ago, it was pretty much impossible for an unsigned artist to have their music available to people worldwide…(and) I don't have to chase them down to get paid!"