Hit Albums Are Going Extinct

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...


 


More Videos

Interview - Kebu - The Finnish Synth Lord Interview - Kebu - The Finnish Synth Lord 

New album Urban Dreams out now


Your First Synth Your First Synth 

6 affordable options for new synth explorers


Podcast: Sonic TALK 691 - The Red Glue Fiasco Podcast: Sonic TALK 691 - The Red Glue Fiasco 

New Roland Boutiques, Look Mum Pendulum, Eventide Split EQ


Sonic LAB: Mac Book Pro 14 - Do You Really Need This Much Power? Sonic LAB: Mac Book Pro 14 - Do You Really Need This Much Power? 

More ports, more CPU, RAM and storage


Hey there, we use Cookies to customize your experience on Sonicstate.com