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Indie Labels Grab Record 34.4% Market Share

NEW YORK (Hypebot) – 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)