MI2N
Music Industry News Network
SATURDAY, DECEMBER 10TH
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

Gig Performer Software Elevates Live Performing Experience Providing Complete And Effortless Control Over A Live Music Rig

Toronto's K-Slick Realeases New Music Video

Singer/Songwriter Katie Garibaldi Original Christmas Song Out Now!

Anthony Caceres Releases Smooth Jazz Single "A Very Special Christmas"

Atlanta-based Rapper Chris Jamez New Single "Street Soldiers"

VersusMedia Launches New Website For Its Film Music Service

Lost Elysium Launches Their Newest Single From Woodstock New York



MusicDish*China Song Blast
Promote Your Music Single In China

News Headlines
Mi2N EDITOR'S PICKS
» Global Royalties For Creators Reach Record High Of €8.6 Billion
» Gig Performer Software Elevates Live Performing Experience Providing Complete And Effortless Control Over A Live Music Rig
» IFPI'S 'Investing In Music' Report Shows Record Labels Invest Us$4.5 Billion Annually In A&R And Marketing
» MusicDishTV Review: J.Ovanni Music Video "Lap Dance"
» IHeartMedia Launches First Ever - And Only - Interactive On Demand Radio Services, 'iHeartRadio Plus' & 'iHeartRadio All Access'
» VidaPrimo Appoints Stephen Brooks Executive Vice President And General Manager
» Stingray Music Launches Free Online Music Player
» Spotify’s Troy Carter First Keynote Speaker Announced For Music Biz 2017 From May 15-18 In Nashville
» Singer/Songwriter Katie Garibaldi Original Christmas Song Out Now!
» Natalie Jean Nominated For Her Song "Mon Ange"


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

Articles
MUSICDISH E-JOURNAL
» Viberate.com Statistical Resource For Music Professionals
» Proper Becomes European Hub For Believe, Picks Up Glitterbeat
» Inaugural MAMA Creators' Forum In Hong Kong
» Live Streaming Eagle I Stallian "Reckless Gods" China Tour
» Koto-toting Jazz-Folk Trio The Jessica Stuart In Beijing
» BMG And Alibaba Music Deepen Music Partnership
» Ambient Chill Out Night @ Dada Beijing
» Warner/Chappell Names Monica Lee President, Asia-Pacific
» Sub Terra #3 - 12th November Promises
» Deadline Upcoming: USArtists International 2016-2017
» Fashion Rocks First Time In Asia
» Elenore "Into The Shadow" Tour Continues In Beijing And Shanghai

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 © 1997-2015 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.