12:11 PM
Myriah
Though the growth is not a gigantic amount, it still is a great sign for the music industry. Since 2010, album sales rose by almost 1.5%, close to 4 million album sales (Christman, 2012). As I said before, this is the first time album sales have raised since 2004. Music sales all together were up this year. Sales are up about .1 billion since 2010 (Christman, 2012). There were even more musical releases this year than the previous year. After 2010’s loss in album sales, this gain is very good to see. Album sales were down 12.8% in 2010 (Morris, 2012).
Many are giving a lot of credit to Adele for this gain. She had both best selling album and best selling song. Her album 21 sold 5.82 million copies since its release in March (Morris, 2012). Of course it was not only her album sales that made such a difference. There are many, many other artists that deserve credit. Hopefully this will pave the way for even more gain in 2012.
This rise looks good for the recording industry. Hopefully it continues to rise this year and the years to come. It has been a long time since sales have gone up. The industry is starting to do better with the changes in technology and the way music sells today. Physical and digital sales must be taken into account now instead of just physical sales. As long as technology does not throw another curve ball, the recording industry should continue to grow, once again, and expand even more.
References:
Christman, E. (2012, January 4). Soundscan's year-end charts: The numbers behind the first positive album-sales year since 2004. Retrieved from http://www.billboard.biz/bbbiz/industry/record-labels/soundscan-s-year-end-charts-the-numbers-1005793352.story
Morris, C. (2012, January 4). Album sales post first gain since 2004. Retrieved from http://www.variety.com/article/VR1118048134
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