Two of the higher-profile indie distributors have been talking about Apple’s iTunes and the role it’s playing for their artist clients. CD Baby released its 2011 Stats infographic, including the information that iTunes is still 77.4% of its digital distribution revenue, ahead of Amazon (10.5%) and the CD Baby store itself (4.5%). Streaming music still accounts for less than 5% of CD Baby’s digital distribution revenues: Rhapsody is 2.1%, Spotify 2%, and Deezer 0.2%.
Separately, TuneCore’s Jeff Price has been rhapsodising about Apple’s new iTunes Match service. “The first royalty payments from iMatch are in, and they got me excited – the total amount is over $10,000 for the first two months,” he writes on the TuneCore blog. “This is magic money that Apple made exist out of thin air for copyright holders… Some may complain that it’s not much money. Well, before you were getting zero, now you are getting something.”
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Thanks for posting this Music Ally!
Yes, ITunes continues to dominate the market. I guess it’s all those iPods and apple devices we love so much.
Chris B
CD Baby
http://members.cdbaby.com <–Sell Your Music