Digital music distribution and music publishing administration company TuneCore says Scott Ackerman has been named CEO.
Ackerman, who joined TuneCore as COO in 2010 and has been running the company since 2012 during which time he was promoted to president, has been a driving force behind developments at TuneCore that support independent artists, a release said. In Q1 2014 alone, TuneCore paid out $34.1 million to artists in revenue generated from nearly 1.3 billion downloads and streams, a 75% increase over the same period in 2013.
Over the past two years, Ackerman and the TuneCore team have spearheaded expansion. TuneCore has developed an international reach, illustrated by the launch of TuneCore Japan and the addition of KKBOX, a digital music subscription service in Asia, to its partner network. In 2014, TuneCore Music Distribution has added a new store every month, bringing artists access to over 80 of the most popular digital stores worldwide.
TuneCore also continues to expand its Music Publishing Administration platform, helping songwriters maximize their publishing royalties worldwide, including collecting income from their YouTube views. Additionally, the TuneCore Sync & Master Licensing Database and in-house creative team who work directly with music supervisors help publishing clients to increase their revenue opportunities by securing licensing deals for TV, film and commercials.