Tunecore Distribution Agreement
“We are pleased to strengthen our distribution agreement with TikTok and add an innovative dimension to it,” said Denis Ladegaillerie, founder and CEO of Believe. I would like to thank both teams for their collaborative efforts to further increase the marketing coverage and revenue of our independent artists at all stages of their careers. Music distribution is how music is delivered to the handset. Traditionally, distributors enter into agreements with record companies to sell to stores. However, digital distribution has changed all that by excluding the intermediary – allowing artists to distribute music directly to online stores while retaining 100% of their royalties. TuneCore is one of the largest digital distributors in the music industry and is primarily powered by bands of musicians who see the company as a safe and simple choice. However, tuneCore and its competitors like CD Baby and DistroKid are increasingly seen as inflexible and reluctant to innovate in the industry. New music companies, which offer distribution exclusively or offer their other services, threaten TuneCore`s traditional business model. Many of these companies offer much better prices than TuneCore, and some even offer unlimited distribution for free. TuneCore may from time to time offer customers active on the Site the opportunity to obtain credits for future distributions by referring friends, family members, colleagues or others (the “Program”). TuneCore reserves the right to terminate the program at any time for any reason or no reason. The program is made possible by technology from Friendbuy, Inc., 925 N. La Brea Ave.