TuneCore has announced the launch of YouTube Money, a monetization and collection service for music videos. Music videos are estimated to drive nearly 40% of all views on YouTube and a survey of TuneCore artists showed they now consider YouTube to be the third most important point of distribution for their music, behind only iTunes and Spotify. Ironically, or perhaps strategically, TuneCore's YouTube Money competes directly with Audiam, a YouTube monetization service launched last year by Jeff Price and Peter Wells, TuneCore co-founders who exited the flat fee music distributor in 2012. With both services, artists can collect a percentage...

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