iLoungeiLounge
    Facebook Twitter Instagram YouTube LinkedIn RSS
    • About Us
    • Contact Us
    • Privacy Policy
    • Terms Of Use
    Facebook Twitter Instagram YouTube LinkedIn RSS
    iLoungeiLounge
    • News
      • Apple
        • AirPlay
        • iCloud
        • iTunes
        • HealthKit
        • HomeKit
        • HomePod
        • iOS 13
        • Apple Pay
        • Apple TV
        • Siri
      • AirPods Pro
      • Apps
        • Apple Music
      • Rumors
      • Humor
      • Technology
        • CES
      • Articles
      • Web Stories
    • iPhone
      • iPhone Accessories
    • iPad
    • iPod
      • iPod Accessories
    • Apple Watch
      • Apple Watch Accessories
    • Mac
      • MacBook Air
      • MacBook Pro
    • Reviews
      • App Reviews
    • How-to
      • Ask iLounge
    • Daily Deals
    iLoungeiLounge

    Digital music shakeout looms; 355 online sellers reported

    By LC AngellMay 14, 2021 3:41 pm UTC

    While Apple’s iTunes Music Store continues to dominate the legal digital music market, far ahead of a handful of competitors, the majority of online music sellers are struggling. There are some 355 digital music retailers, according to a report by the International Federation of the Phonographic Industry released last week, and most of them may be forced to shut down or consolidate.

    “I don’t imagine all these services can last. Some will go out of business or be consolidated,” said Gabriel Levy, head of music in Europe for RealNetworks, home of the Rhapsody subscription service. Barney Wragg, senior vice president of Universal Music Group’s eLabs unit, shares the same view. “The market keeps growing, and there will be winners and losers,” said Wragg. “The fact that there are 355 retailers—are they all economically viable? Clearly the market is adjusting all the time.”

    Because of its market leading position and pricing, many in the music industry are brazen in their wishes for a more powerful rival to iTunes. “It’s inconceivable that others wouldn’t come in (to challenge Apple),” said EMI Chairman Eric Nicoli. “To talk about dominance this early in the game is short-sighted. It’s not a five-year game, it’s a 30- or 40-year game.”

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    LC Angell
    LC Angell
    • Twitter

    LC Angell was a senior editor at iLounge. Angell is known for her work on various aspects of the Apple ecosystem, including iPhone, iPad, and iPod. In his role at iLounge, Angell was responsible for a wide range of editorial content, including reviews, buyer's guides, news, and features.

    Latest News
    The Apple Watch SE 2 Just Got Even More Affordable
    Apple updates App Store Review Guideline
    iOS 17 developer beta released early
    Apple adds a free tier for its developer program
    Get the Wrist-Friendly Logitech MX Vertical Ergonomic Mouse at $29 Off
    iPhone X and iPhone 8 won’t have iOS 17 support
    New 15-inch MacBook Air with M2 chip launches
    Apple reveals Apple Vision Pro headset

    iLounge logo

    iLounge is an independent resource for all things iPod, iPhone, iPad, and beyond. iPod, iPhone, iPad, iTunes, Apple TV, and the Apple logo are trademarks of Apple Inc.

    Contact Us: [email protected]

    Tel: +1302-208-9669

    iLounge, 2810 North Church Street, Wilmington, Delaware, 19802, United States.

    • Contact Us
    • Submit News
    • About Us
    • Forums
    • Privacy Policy
    • Terms Of Use
    This website is not affiliated with Apple Inc.
    iLounge © 2001 - 2023. All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.