UMGD, TuneCore Partner For Digital Distribution
July 9, 2009 at 8:30 AM (PT)
UNIVERSAL MUSIC GROUP DISTRIBUTION has entered into a strategic alliance with TUNECORE, a leading digital music distribution company. The announcement was made today by UMGD Pres./CEO JIM URIE and TUNECORE Founder/CEO JEFF PRICE. As part of this agreement, TUNECORE will provide and host distribution portals for UMG's labels as well as partner labels and artists.
"Our agreement with TUNECORE highlights UMGD's commitment to a strong sales philosophy and long-term artist development," stated URIE. "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," commented PRICE. "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."