It’s fair to say Audiam and TuneCore have history. YouTube monetisation startup Audiam’s co-founders Jeff Price and Peter Wells also founded digital distributor TuneCore back in the day, before getting ejected from the company last year. Now their new firm wants to eat their old firm’s lunch. Audiam has announced a partnership with another new startup, DistroKid, to add audio distribution to iTunes, Amazon, Google Play and Spotify to its feature-set. That’s on top of Audiam’s core business, which is helping label make more money from their YouTube videos. Artists signed up to the service pay a flat fee of $19.99 a year, and keep 100% of the revenues from all these digital services. It’s a thumb in the eye for TuneCore, but also a challenge for other digital distributors working across these platforms. “As the founders of TuneCore, Peter Wells and I can state with no hesitation this is simply the best model for artists to distribute their music, keep their rights and get paid,” says Price in a pointedly-worded statement. The partnership follows Audiam’s $500k funding round earlier this month (Bulletin, 5-Aug-13).
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