Indie trade body AIM has published a list of 54 digital music stores and services that account for sales for its members. The list reveals that iTunes, Spotify and Amazon account for more than 94% of indie labels’ global digital revenues, with 51 other companies taking the other 5.6%. AIM isn’t very happy with this situation, to say the least. “There are now a series of monopolies and it is jolly hard for anyone else to get a slice of the market,” chairman and CEO Alison Wenham tells Music Week. However, AIM member Cooking Vinyl’s founder Martin Goldschmidt sees new opportunities. “I don’t think there is room now for anyone to break into the download model, but the world of apps could be a game-changer. As consumer behaviour changes online, new players could enter the market, opening up competition.”
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Tools: Kaiber
In the year or so since its launch, AI startup Kaiber has been making waves,…