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

My Life As A Moth expands her surreal world with new deluxe album announcment

East London-based, Swedish-born artist My Life As A Moth is expanding the world of her debut album 'The Parade of the Starlet & the... 2 weeks 3 hours ago

The Big Moon share new single 'Fun'

The Big Moon have shared their vibrant new single ‘Fun’, offering another glimpse into their forthcoming fourth studio album 'Forever', arriving on... 2 weeks 10 hours ago

Calico City unveil new single 'Gotta Go'

Calico City have spent the past few years steadily carving out a space of their own in Perth’s alternative scene, and on ‘Gotta Go’ they sound ready... 2 weeks 3 days ago

LA Priest unveils new single 'Rayon'

LA Priest has unveiled 'Rayon', the latest preview of his forthcoming fourth studio album 'Into The Sky', arriving on the 28th August. The new... 2 weeks 3 days ago

Alabama Shakes share new single 'Garden'

Four-time Grammy Award-winning band Alabama Shakes have unveiled 'Garden', the latest preview of their eagerly anticipated new album 'I Must Be... 2 weeks 4 days ago

Bonnie "Prince" Billy announes new live album 'Ghosts of American Psychonauts'

Bonnie “Prince” Billy has announced 'Ghosts of American Psychonauts', a new live album arriving on the 18th September, offering a fresh perspective... 2 weeks 5 days ago

Rachel Chinouriri announces new album 'I think I spoke too soon'

Rachel Chinouriri has announced her eagerly awaited second album 'I think i spoke too soon, arriving on the 16th October via Parlophone / Atlas... 3 weeks 10 hours ago

J-Digs Is Bringing a Slice of Japan’s Record Culture to East London

London is getting a taste of Japan’s crate-digging culture this August as J-Digs lands at Goodhood for its first UK pop-up. The four-day... 3 weeks 3 days ago

Julia Holter shares new single 'My Lost One'

Julia Holter has shared another preview of her forthcoming album 'Materia', releasing the enchanting new single 'My Lost One' ahead of the record's... 3 weeks 3 days ago