With the recent launch of Google Music and last year’s U.S. debut for Spotify, we’re beginning to see small shifts in the digital music landscape. Google can now sell music on all Android powered devices, and as you may have heard, Spotify and Facebook have partnered to create a new social music experience.
Even with the advent of these new services, iTunes still remains on top with nearly an 80% market share. The iPod & iPhone phenomenon over the past several years have been the de facto choice for the music consumer. But as all of these music services continue to challenge one another, a healthy competition will undoubtedly open up new markets and create more opportunities for independent artists world-wide.
Here at SongCast we are often asked how the various services compare to one another. So we thought it would be a cool idea to put together a chart and show you exactly where SongCast artists are earning their royalties. The below data represents a random period of time in 2011, with a total of 2.5 Million in artist earnings. The iTunes U.S. store sits at the top with iTunes UK/Europe coming in second. The Amazon U.S. store ranks 3rd, with the other services making their way up the list.
We hope you have found this data interesting. Drop us a line if you have any questions.
-Mike
Good stuff
How do artists market to get people to hear their tunes?
Ju, everyone has their own marketing techniques. SongCast provides you with a nice set of tools to help get you started. Checkout our FAQs section.
http://www.songcastmusic.com/faqs
Mike,
Just a question. If iTunes sells a track for 99 cents
how much of that actually goes to the artist?
Tony, the artist would get 70 cents.
That’s the total world side with I tunes?
Yes it is Nitrous.
Excellent…Mojo
Thank you at Songcast for a fantastic opportunity looking forward to this year 2012. Stace
It’ld be interesting to compare these earnings to those of phydical media (CD) and such…