Emusic has announced that, effective today, its sales figures are being reported to Nielsen SoundScan. By reporting sales data eMusic will help reveal a more precise picture of digital music market sales to SoundScan which some believe has been severely undercounting the burgeoning independent music sector.
âThe independent music sector is enjoying spectacular growth while overall recorded music sales from major labels continue to decline, and yet many in the music industry treat the independent music market as an afterthought. We're certain that independent music market share has been inaccurately reported,â said David Pakman, CEO of eMusic.â
eMusic claims that it is now second only to iTunes in monthly download sales. Over the past 24 months, eMusic has sold more than 45 million tracks. This represents more music sold by other major music services like Rhapsody, Microsoft's MSN, Yahoo!, and Napster combined. eMusic has no major label content; only tracks from 3800 independent record labels including Rykodisc, TVT, Concord, Naxos, Beggars Banquet, KOCH, Epitaph, Comedy Central, Smithsonian Folkways, Dischord, Merge, Razor and Tie and Sun.
Unlike other download portals who sell tracks using the WMA format or iTunes which has it's own proprietary system, eMusic downloads are mp3's compatible with almost all music players including the popular iPod.