Online Music Distribution

Indigoboom

Rise and Rise of online music stores

Internet shook the music industry

Online music downloads and streaming services caused the age old ways of CD and vinyl to suffer but was it really that bad ?

Between 2000 and 2011 CD album sales was down by 50%

Remarkable Events

2004-HMV pulled out of US

2006-Tower records closed all the stores.

2006 Sam Goody filed for bankruptcy

2009 All virgi stores closed

Advent of Streaming Music

Itunes introduced in 2001 and Spotify revolutionized music streaming industry.

Sales Figure

Sales of Full Album dropped dropped from 55% to less than 400M.

Individual track sales went up from 0 to 1.2 B

Independent artists are at a loss

Advent of online music stores such as Indigoboom have saved the artists from hassle of getting themselves registered on Itunes, Spotify and Google Play individually.

Someone still breathes

Indie stores with Vinyl popularity still manages to live through the boutique stores.

Contact:

Address:Indigoboom9 Southview driveMont Vernon, NH 03057USAURL:https://indigoboom.com/