Your Next Indie Record - Powered by Sony Music
Sony Music Entertainment is poised to become a dominant force in indie music. Sony will purchase a majority stake in Believe Digital and TuneCore for an estimated $355 million to $444 million, according to the Nikeii Asian Review.
Most artists release their projects via Tunecore independently nowadays. While Tunecore's services will stay the same...If you are truly staying independent to protest the majors - you'll be out of luck. Your next record will automatically be affiliated with Sony by default, unless you use Soundcloud or Bandcamp.
With streaming breaking down most geographic barriers, most independent labels want to sign with one distributor globally. By putting Believe and Tunecore alongside The Orchard and RED, Sony can deliver that.