The store currently has more than 3.5 million tracks in its catalogue, and more than 1.1 million customers. It says it’s seen a sales surge of 188% since starting to sell DRM-free music last year. It also runs digital music services for the likes of Bebo, Last.fm, ITV and, er, Pringles.
A few days ago, fellow UK digital music firm We7, which focuses on ad-funded downloads, raised £3 million of its own VC funding to help it grow beyond its current 500,000-track catalogue and 90,000 users. As other ad-funded music firms struggle, We7’s organic growth is well worth a spot of patriotic celebration.
MidemNet 2008: Orange wants to ditch DRM from mobile music downloads
MidemNet 2008: Qtrax launch crashes as major labels deny deals
MidemNet 2008: Digital music sales will match physical sales in 2009 says Sony BMG