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Projected 2012 Album Sales Compared To 2011

Projected 2012 Album Sales Compared To 2011

dnm album sales 2012 Projected 2012 Album Sales Compared To 2011Every year we hear about how the music industry is falling off dramatically. This doesn’t seem to hold true in 2012, though, as projected album sales continues to decline only slightly year over year. While there are certainly no signs of growth, I suppose in a time where everything is going downhill, this might actually be a figure worth celebrating. This particular number reflects both physical and digital sales, as total falls but 4 percent while digital has made an impressive increase by 6%.

These numbers don’t include streaming and other subscription services, though, so it will be very interesting to see how the incoming models change the pace of growth in an industry that continues to be a struggle for so many aspiring musicians and business professionals. [via]

 

3 Comments

  1. Gregory Gregson
    Jan 03, 2013 @ 01:49:00

    This means Soundscan sales are down. What no one is saying is that Soundscan is actually the system in decline – not music sales. All the services like Bandcamp that sell music are optional for inputting UPCs and thus registering on Soundscan. Add to it that a lot of the remaining mom and pop’s aren’t registering sales. And all the sales at shows aren’t being logged. What’s happening, is sales are moving to new and diverse sources, so soundscan and majors that rely on it don’t know what to do. truth is projected sales in other formats likely indicate an actual increase in music sales as a whole – which makes sense as the population rises and we recover (slowly) from the financial crisis’.

  2. Maximoe
    Jan 02, 2013 @ 17:04:00

    Majors are whining about dropping sales when its completely obvious that you cant sell the same garbage over and over again!

  3. Rob Martinez
    Jan 02, 2013 @ 16:46:00

    I expect this number to fall and performers to up their fee’s for stage shows even more.

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