Hit Albums Are Going Extinct

US Fewer Hit Albums, Fewer Minor Hits In 2009      03/06/10

Hit Albums Are Going Extinct


Buying Choices
Affilliate Links help support the site

There's been a lot of talk over the last few years about how digital music is hurting record sales. 

While you can debate the pros and cons of digital music for musicians, one trend is clear: hit albums are going extinct. 

According to the latest numbers from Nielsen SoundScan:

  • There are fewer hit albums than there used to be. Only 12 albums released in 2009 sold more than a million units. This is down from 35 in 2006, 27 in 2007 and 22 in 2008. 
  • Few albums are minor hits. Only about 2,000 albums sold over 5,000 units in 2009. 

There a many explanations for the decline in album sales. The big music labels point to piracy. 

But the a la carte consumption that digital downloads encourage is probably a bigger factor. And the music industry has yet to figure out how to create hits via the Internet. 

Think there's hope for the dying album format - or do you think it's doomed? 

Leave a comment with your thoughts!

Link:

Image: Mick 0

James Lewin
Twitter @podcasting_news



< More News: Like This
Even more news...


 

Get Our Newsletter


More...

5 MORE Firmware Updates that Totally Changed the Game 

Part 2 on revisions that made synths into brand new machines


3 Home Keyboards that are Actually AWESOME Synths! 

Not somewhere you usually look...


Sonic Giveaway - Free Waves Flow Motion FM Synth 

4 Oscillator Synth comes with 1,000+ Presets


Competition: WIN FabFilter Bundles & Plug-ins! 

Prizes worth over €1100! Enter now


SUPERBOOTH 2024: The Awards 

And the award goes to...


Play V-collection sounds in standalone