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E-tailer eMusic tops 200 million downloads

Web store that deals exclusively in independent music reaches milestone five years after moving to subscription service.

Online retailer eMusic, the self-described second-largest music service after iTunes, announced Monday that it has sold more than 200 million downloads since November 2003 when it moved to a subscription business model.

The New York-based eMusic said in a statement that it is selling more than 7 million tracks a month. Interestingly, the company--the largest retailer of independent music--included in its announcement that it has sold 40 million downloads since Amazon began selling unprotected MP3s last September.

Apparently, eMusic, which has long sold open MP3s, wants to show that Amazon's offering hasn't cut into its business.

Lately, there's been a dispute between the online services about which ones are the largest after iTunes. David Pakman, eMusic's CEO, has been very vocal about some of the claims.