Album Sales Sink

Get Yo Groove On

Album Sales Sink

Postby Funkmonkey » Wed Jul 06, 2016 4:59 pm

Correct me if I'm wrong, but what I get from this is people don't pay for music much anymore; they stream it, unless you are a collector buying vinyl.



U.S. Record Industry Sees Album Sales Sink to Historic Lows (Again) -- But People Are Listening More Than Ever
http://www.billboard.com/articles/business/7430863/2016-soundscan-nielsen-music-mid-year-album-sales-sink-streaming-growth

It's the worst year (so far) for music sales since the 1991 debut of SoundScan (now Nielsen Music). Album sales, including track-equivalent albums (TEA, whereby 10 track sales equal one album unit) are down 16.9 percent in the first half of this year. But sales figures no longer tell the whole story of the record business.

First, let's bottom-line those disappearing sales. Album units overall fell 13.6 percent, with 100.3 million total sales. The compact disc continued to crumble, losing 11.6 percent and moving 50 million. Digital album sales fell to 43.8 million, from 53.7 million in the first half of last year. Vinyl sales continued to move up and to the right, growing 11.4 percent, to 6.2 million. New album releases have been most affected by the continued contraction, falling 20.2 percent overall, to 44.1 million units. Catalog albums fell "just" 7.7 percent, to 56.2 million.

Track sales also dropped, to 404.3 million units from 531.6 million units. Current track sales are leading the descent; songs released in the last 18 months saw sales fall nearly 40 percent. Catalog, again, saw a much smaller dip, down 6.4 percent to 236.6 million units.

Listeners streamed 208.9 billion songs (which translates to 139.2 million album units) between January and now (July 6), an increase of 58.7 percent. Of that 208.9 billion, 113.6 billion were audio-only, versus 95.3 billion video streams (defined as a music video view on YouTube, Vevo, Tidal and Apple Music -- of which the latter two contribute a very small piece). It's the first time audio has surpassed lower-paying video streams.
Brass Monkey. That funky monkey! https://m.youtube.com/watch?v=drjGn_JpTOk
User avatar
Funkmonkey
Pit Boss
 
Posts: 5368
Joined: Wed Oct 22, 2014 4:28 pm
Has thanked: 61 times
Been thanked: 103 times

Re: Album Sales Sink

Postby DONNIEP » Sat Sep 03, 2016 4:30 pm

Odd, record sales started dropping off at exactly the same time Dave's solo career started to wane.

Anyway, I still like to buy CDs. I just don't buy much new music anymore. I actually listen to Spotify more than anything but I still play my CDs and I do sometimes buy digital copies of the CDs I have so I can listen to them on the go.
User avatar
DONNIEP
Chairman of the Board
 
Posts: 3964
Joined: Sun Dec 29, 2013 8:17 pm
Has thanked: 124 times
Been thanked: 95 times

Re: Album Sales Sink

Postby Funkmonkey » Sat Sep 03, 2016 10:03 pm

I think Dave didn't think much of the interwebz, and trying to download a song (even with Napster) over AOL on dial-up was a nightmare. But that changed real fast.
Brass Monkey. That funky monkey! https://m.youtube.com/watch?v=drjGn_JpTOk
User avatar
Funkmonkey
Pit Boss
 
Posts: 5368
Joined: Wed Oct 22, 2014 4:28 pm
Has thanked: 61 times
Been thanked: 103 times

Re: Album Sales Sink

Postby Funkmonkey » Sat Sep 03, 2016 10:04 pm

DONNIEP wrote:
I just don't buy much new music anymore.



If you have music from 60's and 70's (and some 80's), you already have a lot of music being released today.
Brass Monkey. That funky monkey! https://m.youtube.com/watch?v=drjGn_JpTOk
User avatar
Funkmonkey
Pit Boss
 
Posts: 5368
Joined: Wed Oct 22, 2014 4:28 pm
Has thanked: 61 times
Been thanked: 103 times

Re: Album Sales Sink

Postby DONNIEP » Sun Sep 04, 2016 12:46 pm

Funkmonkey wrote:
DONNIEP wrote:
I just don't buy much new music anymore.



If you have music from 60's and 70's (and some 80's), you already have a lot of music being released today.


That's true. I hear it in songs by one of my daughter's favorite bands - Panic At The Disco. And the singer/song writer says he was heavily influenced by the music of that time and you hear it. Hell, those guys even play Carry On My Wayward Son in their sets lol. Then you've got other bands like 5 SOS who play 80s songs in their sets. Which is cool cause the kids get exposed to some really great songs and artists from back in the day, instead of all this bullshit you hear on the radio today.

And speaking of music today, my best friend loves that crap. Every day about two or s he changes the radio we have absolutely blaring in the shop over from the 80s station to the current music station and it makes me want to shoot the stereo. Shoot it until it actually bleeds. There's this song, I think it's called Cheap Thrills, and I counted the other day - in an hour and a half they played it three times. I was ready to shove pencils in my ear holes!! They did the same thing with that god awful Peter Pan song too. I hate that song!!! Peter Pan was a fag and Captain Hook was a damn pedophile! Seriously, he spends all his time chasing around a little boy who can't grow up - if that ain't a Target bathroom pedo I don't know what is!
User avatar
DONNIEP
Chairman of the Board
 
Posts: 3964
Joined: Sun Dec 29, 2013 8:17 pm
Has thanked: 124 times
Been thanked: 95 times

Re: Album Sales Sink

Postby Funkmonkey » Sun Sep 04, 2016 9:53 pm

I think it was 1977 my brother and I were listening to the radio and Hall and Oate's "Rich Girl" comes on. And as soon as the song was over, we changed to another radio station and found the song again. And when that was over, we changed the station and found the song again. We did that nine times in a row listening to the entire song then find it again on another station.
Brass Monkey. That funky monkey! https://m.youtube.com/watch?v=drjGn_JpTOk
User avatar
Funkmonkey
Pit Boss
 
Posts: 5368
Joined: Wed Oct 22, 2014 4:28 pm
Has thanked: 61 times
Been thanked: 103 times

Re: Album Sales Sink

Postby Funkmonkey » Sun Sep 04, 2016 9:55 pm

But that was about the time pop and rock had split, or was splitting, into two different genres.
Brass Monkey. That funky monkey! https://m.youtube.com/watch?v=drjGn_JpTOk
User avatar
Funkmonkey
Pit Boss
 
Posts: 5368
Joined: Wed Oct 22, 2014 4:28 pm
Has thanked: 61 times
Been thanked: 103 times

Re: Album Sales Sink

Postby Funkmonkey » Sun Sep 04, 2016 9:58 pm

It was also a time when you didn't have to identify with the image of a band to dig on listening to them. Like for example, Billy Joel and Bob Seger has opened for KISS back in the day.
Brass Monkey. That funky monkey! https://m.youtube.com/watch?v=drjGn_JpTOk
User avatar
Funkmonkey
Pit Boss
 
Posts: 5368
Joined: Wed Oct 22, 2014 4:28 pm
Has thanked: 61 times
Been thanked: 103 times


Return to Music

Who is online

Users browsing this forum: No registered users and 2 guests

cron