TuneCore and pitchforkmedia.com. TuneCore's first customer was Frank Black, lead singer of the Pixies. In 2008, TuneCore was utilized by Nine Inch Nails to deliver the music from their album, "Ghosts I–IV" to the Amazon MP3 store. In December 2006, music instrument and equipment retailer Guitar Center bought a stake in TuneCore, giving the company access to the music retailer's customers. In the United States, TuneCore represents about 10 percent of the 20 million songs on iTunes, and it accounts for almost 4 percent of all digital sales. TuneCore reportedly fired Jeff Price, a co-founder and then-CEO, after the company faced
Build–operate–transfer Build–operate–transfer Build–operate–transfer (BOT) or build–own–operate–transfer (BOOT) is a form of project financing, wherein a private entity receives a concession from the private or public sector to finance, design, construct, own, and operate a facility stated in the concession contract. This enables the project proponent to recover its investment, operating and maintenance expenses in the project. Due to the long-term nature of the arrangement, the fees are usually raised during the concession period. The rate of increase is often tied to a combination of internal and external variables, allowing the proponent to reach a satisfactory internal rate of return for its