Hey friends, long time no talk
If you have your ear to the ground of the music world you’ve likely heard the news that Tunecore has just launched a service that monetizes Facebook & Instagram. Before you run to sign up however, I thought I’d post a little info to save some potential messy situations:
After reading though all of the terms and services, I realized that it’s not just simply monetization of videos (a la AdRev style) that Tunecore is offering, they are actually creating a sub licensing agreement and collecting a fee while distributing 80% to the rights holder.
With Facebook monetization, Facebook and Instagram users will also be able to search for and find artists’ music through audio library features, and use it to create and share personal moments on the Facebook and Instagram platforms.
So as you can see, while Tunecore in and of itself is not a direct competitor of AJ, this PART of Tunecore would make it so, and unfortunately for those here, will not make this service compatible. While it’s being publicized as a “monetizing” feature, it’s much broader than the traditional sense of the word. So far, there is also no way to “clear a video” or opt out of the library feature, making it completely incompatible with AudioJungle (understand I am not any official voice here, though the situation seems pretty clear to me).
I just wanted to post my findings as I know how difficult navigating this new era of music rights can be, and hope it is helpful for others as well