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Digital
TuneCore reveal 2009 sales stats
By CMU Editorial | Published on Monday 10 May 2010
More 2009 sales stats, this time from TuneCore, the digital distribution firm that supplies music from a plethora of small indies and self-releasing artists to download stores and streaming music services.
They revealed last week that in 2009 they serviced 26.2 million downloads worldwide which grossed $35 million, which is nice. And downloads only accounted for 40% of the distributor’s overall sales (though that’s possibly in terms of units rather than revenue), with album sales accounting for just under 3% and streams for 57%. In other random TuneCore stats, Sunday is the busiest day for downloading, and rock accounted for the highest proportion of download sales whereas hip hop tracks where the most streamed.
In a call to arms for the unsigned artists they represent, TuneCore said on their company blog: “Many TuneCore artists are outselling and/or are making more money than ‘signed’ artists. This is a testament to their music. When you add access to digital stores and media outlets (like YouTube), and combine it with social networking sites like MySpace, Facebook and mass communication social networking technologies like Twitter, artists can, and are, selling hundreds of thousands, and in some cases, millions, of songs across their catalogue of work”.
As previously reported, TuneCore is the digital distribution service that enables unsigned bands to earn from their plays on MySpace Music, following a deal between the distributor and the social networking flim flam late last year.
