Latest

Music sales slump for 6th year running

News: 6th January 2011 by Louise Dodgson under Record Labels

For the 6th year running UK music sales have taken a drop, the BPI reported yesterday. Both CD and digital sales have declined, and although there was a 30% increase in digital albums sold in 2010, it still wasn't enough to save the album altogether with overall album sales still slumping by 7%.

However, the singles market experienced a great triumph racking up an all-time high of 161.8m sales. We no doubt have the likes of X Factor to thank for the boost in single sales. So yeah...ummm...thanks?

Related Links

http://bpi.co.uk/press-area/news-amp3b-press-release/article/music-sales-dip-further-in-2010-but-digital-albums-hit-the-mainstream.aspx

http://www.guardian.co.uk/business/2011/jan/05/album-sales-plummet-sixth-year-running?INTCMP=SRCH

http://www.billboard.biz/bbbiz/industry/retail/2010-british-album-sales-down-7-digital-1004137825.story

http://www.bbc.co.uk/news/entertainment-arts-12120789


Tags

music sales, album sales, single sales, bpi, geoff taylor, digital music, download sales

 

Your Comments

The Unsigned Guide Spotlight: April 2024
Music Managers… what ARE they looking for?
Your Ultimate Guide to Music Branding as a Musician
The Unsigned Guide Spotlight: March 2024
From Followers to Fans: Harnessing the Potential of Email Marketing for Musicians
What Are Superfans and Why They Should Be Your Priority in 2024?