US albums sales hit all time low

The United States has seen its biggest drop in album sales since records began this week.

Nielson SoundScan, which tracks sales data, reported that only 3.97million albums were bought in the US in the last week. The lowest weekly sales it has recorded since they began tracking in 1991 and the first time it has fallen below the 4 million mark.

Overall, the American music market has seen a worrying trend in total album sales in the last year, already being down by 14.6% when compared to last year and dropping by 100,000s every quarter.

A number of record executives have attributed the trend to the growth of streaming services such as Spotify and Last.FM, but with recent number one records going to those who shift less than 100,000 copies, how long does this format have?

[Via NME]

More News

Girl Scout unveil new single 'Crumbs'

Swedish indie-rock band Girl Scout have released their new single 'Crumbs', offering the final preview of their upcoming debut album Brink, which... 1 month 1 week ago

Scustin announce EP 'The Lock In' with satirical new single

Irish post-punk quartet Scustin have announced their upcoming EP 'The Lock In', set for release on April 22nd. Alongside the news, the band... 1 month 1 week ago

Wallis announces new EP 'everything is not yet lost'

Electronic producer and live performer Wallis has revealed details of her upcoming EP 'everything is not yet lost', arriving on the 3rd April via ARA... 1 month 1 week ago

Jehnny Beth teams up with Mike Patton for 'Look At Me'

Jehnny Beth has unveiled her striking new single 'Look At Me', featuring legendary vocalist Mike Patton. The track appears on Beth’s latest album '... 1 month 1 week ago

Hard-Fi announce new album 'Sweating Someone Else’s Fever'

Staines indie-rock favourites Hard-Fi have announced their long-awaited new studio album 'Sweating Someone Else’s Fever,' arriving on the 19th June... 1 month 2 weeks ago

White Denim share new single 'Hired Hand #2'

L.A.-based rock outfit White Denim have released their latest single 'Hired Hand #2', offering another preview of their upcoming album '13', due on... 1 month 2 weeks ago

Tom Misch shares new single 'Slow Tonight'

Tom Misch has unveiled his latest single 'Slow Tonight', lifted from his newly announced sophomore album 'Full Circle', arriving on the 27th March... 1 month 2 weeks ago

Upchuck drop new single 'Last Breath'

Atlanta punks Upchuck are back with a ferocious new track 'Last Breath', marking their first release since last year’s widely praised album 'I’m Nice... 1 month 3 weeks ago

Temples return with new single 'Jet Stream Heart'

Kettering four-piece Temples have announced their new studio album 'BLISS', set for release on the 26th June via V2 Records. The record sees the band... 1 month 3 weeks ago