News: Indie Labels Grab Record Market Share
According to Billboard SoundScan mid-year numbers provided by A2IM, report, indie labels hit a record high with 34.4% of the overall market share based on master ownership (not distribution). That’s up from last year’s mid-year mark of 32.9%. Top selling independent label artists so far this year include:
(noted in album/TEA sales)
Mumford & Sons – 1.1M albums (Glassnote Records, combined album totals for all their releases)
Macklemore & Ryan Lewis – 670k albums (Macklemore, LLC)\
The Lumineers – 660K albums (Dualtone Music Group)
Taylor Swift – 635K albums
Jason Aldean – 310K albums (Broken Bow)
Vampire Weekend – 275K albums (The Beggars Group)
Alabama Shakes – 250K albums (ATO Records)
Queens of the Stone Age – 150K albums (Matador Records)