iTunes More Popular Than Most P2P Sites
bonch writes "A study by NPD Group shows that iTunes ranks #2 in popularity of music downloads, rivaling services like Limewire, Kazaa, and iMesh. The #1 service was still WinMX, but NPD believes this proves to the music industry that legal downloads can work, and that iTunes provides an economically viable alternative." From the article: "According to NPD, about 4 percent of Internet-enabled households in the nation used a paid music download store in March."
I gotta admit that when we started doing digital distribution two years ago, I thought it would be just a small income stream for the musicians - some extra income, maybe $5k/month combined.
But our checks from Apple et al have been over $300,000 a month so far this year! And that's just for our catalog of mostly-unknown all-independent music. (And hey for the record, 91% of all that income goes directly to the musician.)
NOTE: a lot of this discovery of independent music is thanks to cover songs - another twist I never expected.
Yes us alpha-geeks here on Slashdot may get our music from allofmp3.com or SoulSeek or whatever, but there's definitely millions paying that 99-cents-per song, or $20/month subscription out there. I get to see the detailed sales reports every month.
(Personally, I'm so impressed with Yahoo Music Unlimited, that it's making me want to use Windows again!)
I called apple asking if I could restore music I purchased from itunes after my laptop got stolen and they let me do a one time re-download. Tell me that when your cd's got stolen from your car tower records let you have new cd's... I thought that was pretty cool. :)