TuneCore CEO Scott Ackerman Resigns. What’s Next for the Mega DIY Platform?
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Scott Ackerman, the long-standing CEO of TuneCore is stepping down from the role.
TuneCore is a major player in the DIY landscape for independent record labels and recording artists.
New York-based Ackerman will officially leave the CEO position on April 15.
He will remain on as an advisor at the firm and will report to Denis Ladegaillerie, the CEO of TuneCore’s parent company, Believe Group.
Ladegaillerie ais now in search of a brand-new Chief Executive Officer of TuneCore.
Ackerman’s Work Experience
Ackerman joined TuneCore as President and COO in 2010. He was promoted to the CEO position in 2012.
Prior to coming on board with TuneCore, he held executive positions at eHarmony, Orbitz, United States Airways and also American Airlines.
Believe stated that the decision to step down came from Ackerman himself.
Revenue in the DIY / Independent Music Landscape
Earlier this month, US-based seller bank Raine Team forecasted that the independent artist field would produce in excess of $2 billion in 2020.
Raine also forecasted that, within this figure, ‘DIY’ musicians– using distributors like TuneCore– would certainly produce $1.22 billion this year.
TuneCore was obtained by Believe Digital in 2015.
Midia Study recently computed that self-releasing/ DIY artists generated more than $2m a day in 2014, declaring a 4.1% market share in the worldwide document market.
Kevin James has over 20 years of experience in the entertainment industry in various facets. He has worked as a recording artist, songwriter, producer, on-air radio personality, background actor and film director. Kevin is a Member of the National Writer's Union.