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

Los Bitchos share new single 'Conexiones'

Los Bitchos continue their collaborative adventures with ‘Conexiones’, a vibrant new single featuring Peruvian-influenced New York outfit Chicha... 1 month 3 days ago

Rachel Chinouriri unveils new single 'Broken chair'

Rachel Chinouriri confronts the darker side of the party on ‘Broken chair’, the captivating third preview of her forthcoming second album 'I think I... 1 month 4 days ago

Rex Orange County announces new album 'Dream Fatigue'

Rex Orange County has announced his new album 'Dream Fatigue', arriving on the 6th November alongside an impressive cast of collaborators and a brand... 1 month 1 week ago

CHVRCHES return with new single 'Roses'

CHVRCHES are officially back and they're returning with considerably sharper teeth on explosive new single ‘Roses’. Arriving five years after... 1 month 1 week ago

Snotty Nose Rez Kids bring their boundary-pushing hip-hop to London

Canadian hip-hop duo Snotty Nose Rez Kids are bringing their live show to London this September, with a headline date at Strongroom on September 22nd... 1 month 2 weeks ago

Kate Nash announces new album 'Cailín'

Kate Nash will celebrate her Irish heritage on 'Cailín', a raucous and deeply personal sixth album arriving on the 22nd January through Kill Rock... 1 month 2 weeks ago

Joy Crookes returns with new single 'Painkiller'

Joy Crookes joins forces with Denzel Curry on ‘Painkiller’, a brilliantly bruised new single that turns the aftermath of a destructive relationship... 1 month 2 weeks ago

Rachel Chinouriri shares new single 'Make believe'

Rachel Chinouriri reveals a darker, more sensual side of her songwriting on ‘Make believe’, the latest glimpse of forthcoming second album 'I think I... 1 month 2 weeks ago

Valerie Chanelle returns with new single 'Forever and Tomorrow'

Valerie Chanelle sounds increasingly comfortable occupying the space between classic soul, contemporary R... 1 month 2 weeks ago