The chart below shows Magnatune sales for the past 2 years.
The top line shows over all revenue, whereas the lines below show just download/cd sales, and the lowest line shows licensing. All lines are in dollars, but I'm now showing the absolute dollar amount.
One thing stands out is that we're making most of our revenue from consumer sales, not from licensing.
Another is the overall trend, which is quite positive. We were at a very obvious plateau for 18 months, and then broke out of that in August 2005 with a 2x growth in licensing, and a 40% growth in downloads, which is now 6 months going as of this chart.