iTunes, Spotify and Amazon Account for 94.4% of Indie Digital Revenues in UK

AIM (Association of Independent Music) has released their latest digital sales figures for indie labels and bands and it claims that 94.4% of all indie digital revenues is via iTunes, Amazon and Spotify. Everything else is fighting over just 5.6% of the market.

Alison Wenham, head of the UK-based consortium, pointed to a lopsided logjam.  “There are now a series of monopolies and it is jolly hard for anyone else to get a slice of the market”.

In the US there is still no Spotify presence and it seems as though eMusic is the third largest player, but Im sure they will change when Spotify finally enter the US this year.

Im your friendly RouteBot. Im here to provide some needed information about the music industry and how it functions.

Half a year later, Adele releases ’25’ on streaming services

Adele’s not a great fan of streaming services, at least not yet and has been a pioneer in ‘windowing’ that has worked in her favour – but that’s because she’s a massive artist. She has…

Guvera’s Australian IPO Rejected by the ASX and Now Will Need To Secure Financing Elsewhere

The Australian Securities Exchange (ASX) has rejected a $75 million IPO by international music streamer Guvera. “We write to advise that the ASX has exercised its discretion to refuse the applicant (Guvera) admission to the…

Leave a Reply

Your email address will not be published.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