TuneCore has launched TuneCore Direct Advance. A unique collaboration with Lyric Financial, the innovative new service offers U.S.-based TuneCore artists automated advances on their future distribution sales revenue. With many independent artists and labels operating as small to medium-sized businesses with sometimes minimal resources, Direct Advance is a new offering that allows them to take advances on future earnings to help fund new projects and further their careers.
From recording new material to purchasing new equipment to funding a tour, Direct Advance provides a simple way for artists to access advances at their convenience, 24/7 and on their own terms. This does not require artists to pledge ownership of their music, which is often the case with many competing services.
For more information, contact John Vlautin at [email protected].