Gaining Ground – Independent Labels

Dear Reader,

The independent labels are gaining ground. This year is the 2nd in a row that Independent Labels control a bigger share of music revenues than any of the 3 major labels.

This from the digital music article “Collectively, Indie Labels are Now Bigger Than Any Major Label”

Indie labels are now outranking major labels in terms of total marketshare. In fact, this is the second-straight year that’s happened.

Rankings are based on revenues earned, instead of units sold or total streams.

Specifically, indies pulled a 32.2 percent marketshare, with Universal Music Group following at 29.7 percent. Sony Music Group finished with 21.9 percent, while Warner Music Group lagged with 16.7 percent.

Independents 32%

Universal (UMG) 30%
Sony (SME) 22%
Warner (WMG) 16%

Tom Hendricks
(editor of the 25 year old zine Musea)

MAIN Website
http://tomhendricks.us/

Advertisements

Tags: , , , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s


%d bloggers like this: