New stats from TuneCore, shared as part of its launch today of SocialPro, show another year of sustained growth, with artist revenue up 32% to $188 million in 2016. Like the rest of the industry, streaming drove the revneue increase.
Streaming revenue for TuneCore artists was up 85% with top streaming stores including Apple Music, Tidal, Spotify and Google Play. Publishing revenue for TuneCore artists was up 42% percent from 2015, and sync revenue up 28%
Since its inception in 2006, TuneCore artists have earned over $836 million collectively, from over 57.3 billion downloads and streams.
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