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Snarky tech news site the INQUIRER interviews Magnatune’s John Buckman, who is refreshingly direct.
Buckman: We sell a little over 1000 albums a month – about $10,000 a month – and this has been stable for about 6 months. Music Licensing has grown from about $2,000 a month 6 months ago to about $10,000 a month now. I expect most future growth to come through sales through other channels, as well as music licensing.
For more check out the interview and John’s blog, including his recent take on the online music space.
All Magnatune releases (from 174 artists!) are under a Creative Commons Attribution-NonCommercial-ShareAlike license.
Posted 25 November 2004