MI2N
Music Industry News Network
TUESDAY, JUNE 19TH
Advanced Search
MusicDish Advertising Network
HOME | FREE NEWS SUBMISSION | PREMIUM PR DISTRIBUTION | PR COPYWRITING | RSS FEEDS | TESTIMONIALS | CONTACT

Sections: Band | Business | Career | Events | Label | Music Releases | Radio | Tech | Video | Web Events
Genres: Country/Folk | Dance/Electronica | Jazz/Blues | Latin | Rock | Urban | World
International: Asia | Canada | Europe

Advertise | Artist Development | Submit Video | MusicDish*China | MusicDish e-Journal | MusicDish Network | Urban Music News Network
Business News (more headlines) 01-06-2013

President Jim Donio Comments On 2012 U.S. Year-End Sales Figures

Bookmark and Share
Statement of Jim Donio, President of music business association NARM, regarding U.S. year-end sales figures for 2012 (released by Nielsen SoundScan and published by Billboard).

"The results are in and Adele has topped the year-end album sales charts for the second consecutive year, the first time this accomplishment has been achieved by an artist since Nielsen SoundScan began tracking sales in 1991. Her album '21' sold another 4.41 million copies in 2012, and received Diamond certification by the RIAA, an outstanding honor for any album, let alone an album that has been in the marketplace less than two years.

"Digital tracks also had a remarkable year, with a record 1.336 billion songs sold, led by Gotye's 'Somebody That I Used to Know' with 6.8 million. Overall, digital track sales volume was up 5% over 2011, which is particularly significant given that notable streaming and subscription services were available for a full year in 2012. Moreover, a record 55.74 million digital songs were sold in the final week of 2012, fueled by redemptions of music download gift cards exchanged over the holidays. It's a figure that certainly validates music's place as a very popular and long lasting gift. NARM and RIAA will continue to partner to promote music as a perfect gift not just for the holidays but all throughout the year via our Give the Gift of Music (givethegiftofmusic.info) program.

"The continued growth of digital albums by 14% to 117.68 million is extremely encouraging. While we experienced another year of decline in CD album sales volume by 13%, they are in no danger of disappearing. CDs still dominate the market for albums, and Nielsen forecasts that digital albums will likely not overtake CDs in terms of market share until 2015. In addition, vinyl albums continued their upward trajectory for the fifth year in a row, rising by a healthy 18% to 4.55 million.

"If we look at overall US album sales for the year, factoring in albums and track equivalents, volume was down less than 2% from 2011. This compares favorably to some other territories around the world. In terms of the broader music marketplace, it's essential to note that data is not yet readily available that would factor in the positive economic impact of burgeoning streaming, subscription and other ad-supported models. And as smartphones, tablets and other new forms of technology enter the lives and households of more and more Americans every year, there will clearly be many new opportunities for growth of the music industry in the years ahead."


Bookmark and Share

back | top



MusicDish Advertising Network

Mi2N Music PR

2018 Summer Additions Come To Hybrid Studios

Plunky's "Love Makes Us Better" Video Is Cosmic Jazz-Funk

Deadline Looms - The 23rd Annual USA Songwriting Competition

Carys - A Different Kind Of Normal - Debut CD Release

Melvin Riley Of Ready For The World Celebrates 35 Years In The Music Business And The Re-launch Of His Solo Career And New Billing Title

Listen: Darquise Explores The Art Of The Beak Up In His Debut Single "I Say One"

Artist Matthew Schultz Releases "Promise For Keeps" Featuring Gyptian



MusicDish*China Song Blast
Promote Your Music Single In China

News Headlines
Mi2N EDITOR'S PICKS
» Capitol Studios Launches Online Mixing, Mastering And Vinyl-Cutting Services
» Audionamix Launches Pre-Sale For XTRAX STEMS Windows Version
» Hollywood Heavyweights Launch New Christian Music Label
» RADIO AND TV PERSONALITY GAZ REYNOLDS LAUNCHES NEW VLOG SERIES ON YOU TUBE
» National Indie Radio (WNIR) Is Open For Submissions
» Exactuals Adds Jeff Van Driel And Mark Montgomery To Advisory Board
» Edge Music Network Announces Partnership Agreement & Launch Of "Artist Pages"
» Deadline Looms - The 23rd Annual USA Songwriting Competition
» Japanese Prog Ensemble Yuka & Chronoship Announce The Release Of Their New Album SHIP
» Katie Garibaldi And Anna Haas Team Up Again And Win In IndieFEST Film Awards


Get your music news covered...
Have your press release written
by the pros at Mi2N

Articles
MUSICDISH E-JOURNAL
» Screen Music Connect To Explore The Music Of Film, Television And Interactive Media
» Fred Casimir To Develop BMG's Global Recordings Business
» 13 Music Label Sold To MTN
» CISAC 2018 Annual Report
» MusicDish Announces A Love Electric 2018 China Tour
» Darcus Beese Named President Of Island Records
» Avant-Garde Label Maybe Noise Launches In Beijing
» Award-Winning Lithuanian Rock Band Colours Of Bubbles "She Is The Darkness" 2018 China Tour
» Hollywood Heavyweights Launch New Christian Music Label
» Pop Artist Ava King Releases New Single
» NetEase Cloud Music Sign Distribution Partnership With B2 Music
» Skype And Mixcloud Launch "Connecting..." Podcast Series

Mi2N's Music PR distribution service guarantees online exposure for your press release. Choose from seven (7) different packages.


HOME | FREE NEWS SUBMISSION | PREMIUM PR DISTRIBUTION | PR COPYWRITING | RSS FEEDS | TESTIMONIALS | CONTACT

Sections: Band | Business | Career | Events | Label | Music Releases | Radio | Tech | Video | Web Events
Genres: Country/Folk | Dance/Electronica | Jazz/Blues | Latin | Rock | Urban | World
International: Asia | Canada | Europe

Advertise | Artist Development | Submit Video | MusicDish*China | MusicDish e-Journal | MusicDish Network | Urban Music News Network
Copyright © 1997-2018 MusicDish LLC, all rights reserved. Text, graphics, and HTML code are protected by US and International Copyright Laws, and may not be copied, reprinted, published, translated, hosted, or otherwise distributed by any means without explicit permission.