TuneCore raises $7 million for music distribution services
Apple’s iTunes music-downloading service and its iPod music players disrupted the music industry’s CD business. TuneCore is helping to complete that process.
That’s how the company just raised $7 million in a first institutional round of funding from Opus Capital. The Brooklyn, N.Y.-based company allows artists to distribute their music, videos and films to iTunes and a host of other online vendors.
Jeff Price, an 19-year-music-industry veteran who started TuneCore in 2005, admits that he is a… Continue Reading