Outspoken eMusic CEO David Pakman is sharpening his claws for rival Amazon’s MP3 Store again, telling Silicon Valley Insider that he estimates it only has 4-5% of the US digital music market, compared to eMusic’s 10-15% (this is based on number of tracks downloaded, not revenue). If true, that would mean Amazon has sold around 27 million tracks so far this year, generating barely $7 million of revenues. The caveats: obviously the two companies are hot rivals, and Pakman’s estimates are based in conversations with labels, which may skew more towards the indie labels that eMusic works with. The point is that with Amazon not releasing any performance data so far, rivals like eMusic are able to capitalise with their own estimates.

EarPods and phone

Tools: platforms to help you reach new audiences

Tools: Kaiber

In the year or so since its launch, AI startup Kaiber has been making waves,…

Read all Tools >>

Leave a comment

Your email address will not be published. Required fields are marked *