Posts Tagged ‘digital-downloads’

Industry: Apple iTunes Now Biggest Music Retailer, Above Wal-mart

Wednesday, April 2nd, 2008

The music sales markets have been infiltrated by online digital downloads, and their terrorist organization iTunes.  That is right iTunes is now THE BIGGEST music retailer there is.

The top music retailers are now as follows:

  • iTunes – 19%
  • Wal-Mart – 15%
  • Best Buy – 13%
  • Amazon – 6%
  • Target – 5%

[source - data]

I imagine that Amazon will be shooting up soon as well as they have heavily increased their offerings in this area.

So to all the independent musicians out there looking to hawk your warez.  It appears online is the place to be where 30% of all music sold is now a digital download, the growth is in digital downloads.

Overall, paid downloads accounted for almost 30 percent of all music sold in January, a number that would have been unthinkable just a few short years ago. With the Big Four labels throwing off the DRM shackles and experimenting with new delivery models like Last.fm’s free streaming service, the future looks bright for digital music distribution.

You might ask, well how do they even compare the two, CDs are multiple songs, digital downloads are single songs.  Well, they count 12 tracks as an “album” so 12 digital downloads = 1 album sale.

Check out the full story on arstechnica.

iTunes and Interest in Digital Music Downloads Growing

Sunday, January 13th, 2008

Saw an interesting graph on the growth of iTunes sales. Digital downloads are growing at an immense rate. Maybe you could buy some of mine? :)

Date

Songs Purchased (millions)

Source

05/15/2003 1 Apple
06/23/2003 5 Apple
09/8/2003 10 Apple
12/15/2003 25 Apple
03/15/2004 50 Apple
07/12/2004 100 CNN
12/16/2004 200 Apple
07/18/2005 500 Apple
02/24/2006 1000 Apple
01/09/2007 2000 Apple

Will they have 4 billion songs to report this year? Digital downloads are just beginning their growth and it seems a good time for artists to go online.

[source]



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