Music Album sales down in US but digital music stores compensate
This news story confirms what the music industry has feared about all this time. The sales of music albums and singles are down by around 7% in the United States. The final figures are still not out but the statistics reveal that the album sales until Christmas this year was around 602.2 million units compared to 650.8 million units in the same period last year.
However, the good news is that the sale of music through digital media stores like the Apple iTunes, Napster and real are compensating well for these drops in sales of audio albums. As per the stats released by Nielsen SoundScan, these stores sold a total of 332.7 million songs this year in this period compared to a meager 134.2 million units last year.
Getting revenues from these digital music stores is of course good news for the recording companies as they save money on the media format and other costs. However, the news would disappoint the music retailers who are increasingly coming under pressure from the online stores and internet piracy, which leads to lower sales at their stores.
The stats also shows the popular albums of the year with the top spot going to rapper 50 Cent’s “The Massacreâ€ with 4.8 million units sold in the market. He is followed by Mariah Carey’s “The Emancipation of Mimi” and Kelly Clarkson’s “Breakawayâ€. The final week of the year, usually bring a spurt in the sales of music albums considering the holiday season is on and some notable changes are expected to come in these figures reported by the research group.