Showing posts with label Frozen. Show all posts
Showing posts with label Frozen. Show all posts

Monday, October 20, 2014

2014 First Year Ever Without A Platinum Album

No Platinum Albums
With all the albums that have come out this year it's pretty amazing that exactly zero have been certified platinum by the RIAA. Yes, you read that right - there have been no million selling albums this year yet!

What's worse, it doesn't look like there will be any by the end of the year either. The two closest are Beyonce's self-titled album and Lorde's Pure Heroine, but both aren't even reached the 800,000 mark yet and their sales have slowed in recent months.

Actually, there has been one million seller - the soundtrack to Frozen has sold over 3 million, but that's a soundtrack and not a popular artist.

Back when the business was at its peak, there might have been 20 to 30 million sellers by this time just about every year (both recent releases and catalog), but those days are long gone.

On the other hand, there have been 60 platinum songs so far this year, but even that's down about 20% from last year, as the music consumer moves to streaming instead of purchase.

Yes, we're definitely in a singles era where the song is vastly more important than the album, but we're also in a very important YouTube era where a song can get 100 million views yet sell less than 10,000 copies. And today, that's considered a bit hit.
----------------------------------

LinkWithin

Related Posts Plugin for WordPress, Blogger...