July 9, 2009
Universal Forms Partnership With TuneCore
Universal Music Group Distribution announced a new partnership with digital music distribution firm TuneCore in an effort to sign new independent artists.
TuneCore's service allows unsigned musicians to distribute their songs to iTunes and Amazon.com's marketplace.
Under the new alliance, TuneCore will host Web portals for Universal's labels and partner labels and artists.
Additionally, Universal has agreed to provide TuneCore's artists with services such as licensing opportunities and professional audio mastering.
And Guitar Center, a TuneCore strategic partner, will market Universal and TuneCore CDs at its entire chain of more than 200 retail stores across the US.
"Our agreement with TuneCore highlights UMGD's commitment to a strong sales philosophy and long-term artist development," said Jim Urie, President and CEO of Universal.
"UMGD is uniquely positioned to provide the most flexible and comprehensive digital and physical distribution, sales and marketing services in the industry, all of which results in more profitable opportunities for both our labels and our artists."
"Honestly, Universal is one of the most forward thinking record labels on the planet," said Jeff Price, Founder and CEO of TuneCore.
"With this deal UMGD has truly changed the rules and the major label model by providing true choice for a musician. If an artist is doing well, there is a direct line through which UMGD can extend its hand or, via the existing TuneCore model, the artist can choose to continue to succeed on their own. It is the continuation of the shift to serve the musician."
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