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.

West Hollywood, CA 90038 (“Platform Provider”). TuneCore and the platform provider are collectively referred to as “program entities.” These Terms and Conditions (“Program Terms”) as well as the Site Terms and Conditions and Privacy Policy apply to participation in the Program, and any user (defined below) who decides to participate in the Program must agree to all of the above provisions. If you do not agree to the terms of the program, the terms and conditions of the website and the privacy policy as a whole, you have no right to participate in the program. In addition, you may not participate in the Program if prohibited by applicable laws or regulations. b. At the same time that you accept this change, you will provide the company with copies of all existing licenses or other agreements regarding compositions. You also agree to inform the Company of any registered version of a composition during the administrative period, as soon as reasonably possible, after becoming aware of it. If and to the extent that you do not make available to the Company any of the materials and information mentioned in this Section 8 (b), this does not affect the Company`s rights in and to the compositions. The entity is not responsible for the non-recovery of funds or the absence of copyright protection with respect to the relevant composition(s) that is the direct or indirect result of such failure. DistroKid was the first distributor to offer unlimited distribution for an annual fee, and since then DK has continued to innovate and challenge the industry. DistroKid has since become one of the top 10 global distributors for units sold/released in total.

“Please read carefully the following terms and conditions, which modify the terms of use you have previously entered into with TuneCore, Inc. (“TuneCore”) regarding your recordings, as this agreement has been supplemented, modified or otherwise modified. This is a legal agreement between you and TuneCore. TuneCore reserves the exclusive right to modify, suspend or terminate the Website and Services at any time, without notice, or to modify the Terms of Use. TuneCore, however, requires you to pay a subscription fee that is often much more than for many other music distribution platforms like Cd Baby. . . .