TuneCore has been handling digital distribution for independent artists for a long time, but now it wants to fulfil a similar role for songwriters, administering their global publishing rights. The company has announced its Songwriter Publishing Administration Service, which will cost a one-off fee of $49.99 plus a 10% cut of all royalties collected. It’s launching for existing TuneCore artists first, with plans to open up to other songwriters in the future.
Trent Reznor of Nine Inch Nails is one of the highest profile people to sign up so far, during the service’s beta period. Jamie Purpora is president of the new service, working with a team of licensing and administration staff. “No longer will songwriters be shut out of a system. In addition to letting artists get their money in a direct and transparent manner our team is also getting the artist their earnings faster and matching up millions of uncollected dollars with their rightful owners,” says TuneCore boss Jeff Price.
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