Next Big Sound (a/o June 18th):
Re: I'm Jeff Price. And I'm Ready to Talk About My TuneCore Departure...
There's no doubt that Tunecore's business model is different than CD Baby's. Their 0% model with $50 annual fee is attractive to many artists, and they are a worthy competitor who we respect as one of the few ethical operators in the space.
Our model is different because we take a modest 9% admin fee on digital sales, and since there's no annual fee we never have to kick our artists off iTunes, Amazon, Spotify, etc. if their credit card expires (or if the annual revenues on their catalog titles drops below $50 per year). That has value for many, many artists.
But we're so much more than just a digital distributor. We also have the largest all-independent retail store. And we're the only guys where artists can also sell their CDs (including on Amazon, and through our partnership with Alliance). We also offer widgets for artists' web site sales, and a Facebook MusicStore app so artists can sell music on their FB pages. Not to mention web hosting at HostBaby. Taken together, these are serious tools for serious DIY artists.
All those services combined have allowed us to accumulate the largest independent song catalog in the world, and we continue to sign up record numbers of artists each year.
As for the name... Well, that's what it was originally called, and we wear it proudly. Artists know us as CD Baby, so we've chosen not to change it. In the future... well, you'll have to keep watching us.
Tony van Veen
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