The Social Experience......Helping the Unsigned Artist Get Heard!!!
5 August 2015 21:34
Nat Meier
Inbound Marketing Manager, InMusik
According to Nielsen Music's Midyear Music Report, indie labels are now leading the album sales market, in a manner of speaking.
The 35.4% of the shares reported includes albums released by indie labels and distributed by big names like Universal Music Group, which leads the distributor ownership category with almost 40%. If you don't count who distributes the albums, indie labels are leading the album sales pack; if you do, they only account for about 13% against bigger contenders - Universal, Sony and Warner.
In simpler terms: more albums are being produced from indie labels and independent artists, regardless of who distributes them.
The numbers for streaming music have exploded over the past year as well. Last year, Nielsen reported 70.3 billion streams whereas this year, the number has skyrocketed to just over 135 billion. Want to see the numbers for yourself? You can find Nielsen's Midyear Music Report below.
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