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

Palace announce new album 'Ultrasound'

Following on from their much-loved companion EPs ‘Part I - When Everything Was Lost’ and ‘Part II - Nightmares... 3 months 1 week ago

Fat White Family announce new album 'Forgiveness Is Yours'

After recently returning with their stunning comeback single 'Religion For One' late last year, Fat White Family have now announced their plans for... 3 months 1 week ago

Adult Jazz return with new single 'Dusk Song'

Having been almost completely silent since their 2016 EP 'Earrings Off!', Adult Jazz have now ended their eight-year hiatus to deliver a brand new... 3 months 1 week ago

Nadine Shah unveils new single 'Greatest Dancer'

With her eagerly-awaited new album now less than a month away, Nadine Shah has dropped the next cut to be lifted from her forthcoming full-length... 3 months 1 week ago

Anna Calvi unveils new single 'Miquelon'

With her eagerly-awaited new soundtrack set to drop at the end of the week, Anna Calvi has now unveiled the next cut to be lifted from her... 3 months 1 week ago

Cage The Elephant return with new single 'Neon Pill'

Having been almost completely silent for the last five years, Cage The Elephant have now returned to share a brand new single. The new track 'Neon... 3 months 1 week ago

Declan McKenna unveils new single 'Mulholland's Dinner And Wine'

With his eagerly-awaited new album just a few weeks away, Declan McKenna has now dropped the next cut to be lifted from his forthcoming full-length... 3 months 1 week ago

English Teacher announce debut album 'This Could Be Texas'

After the rousing response to their much-loved outings 'The World’s Biggest Paving Slab', 'Mastermind Specialism', and 'Nearly Daffodils' in recent... 3 months 1 week ago

Gossip share new single 'Real Power'

With their long-awaited new album landing in the coming months, Gossip have now dropped the next cut to be lifted from their forthcoming full-length... 3 months 1 week ago