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Digital Downloads Creating Headaches For Labels

Album sales for the first half of 2009 are down 15% from the same period in 2008.

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U2's 311,000.

 

Eminem has a low percentage of digital album sales (16%), but his digital tracks sales are quite strong at 3.1 million. More than 28% of the Dave Matthews Band title has been sold digitally, but the album's track have only sold 355,000 copies.


Last year, Universal Music Group had the top three seller; this year three of the top six titles are on UMG labels. Considered the largest of the Big Four, Universal has a market share of 31.5% followed by Sony Music Entertainment (25.5%), WEA (20.9%) and EMI (8.6%). Independents not owned by the majors make up 13.5% of the marketplace.


The sale of vinyl -- a good 70% of it from rock and alternative rock titles -- continues to grow, hitting 1.2 million units in 2009, up from 803,000 the year before. Last year's number was double that of the first half of 2007.
 

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Comments

Counting compact discs, vinyl LPs and downloaded albums, the tally for the first 26 weeks of the year is at 174.5 million units, down from 204.6 million in the first half of '08. Last year's figures were down 11% from 2007.games

This isn't a new problem not by a long shot. Their is still plenty of money being spent and still loads of cash to go around. The recession is contributing to fewer sales across all industries so the big wigs in the music industry need to suck it up a little IMO. Think of the money they save on production costs - selling a download is almost like selling air.

http://idigibuzz.com

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Comments

Counting compact discs, vinyl LPs and downloaded albums, the tally for the first 26 weeks of the year is at 174.5 million units, down from 204.6 million in the first half of '08. Last year's figures were down 11% from 2007.games

This isn't a new problem not by a long shot. Their is still plenty of money being spent and still loads of cash to go around. The recession is contributing to fewer sales across all industries so the big wigs in the music industry need to suck it up a little IMO. Think of the money they save on production costs - selling a download is almost like selling air.

http://idigibuzz.com

NEW COMMENT

The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <i> <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd> <img> <p>
  • Lines and paragraphs break automatically.

More information about formatting options