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

LA Priest announces new EP 'La Fusion'

Following on from the rousing response to his much-loved studio album 'Fase Luna' last year, LA Priest has now announced his plans for a new EP,... 2 weeks 3 days ago

Paris Paloma announces debut album 'Cacophony'

Having already spent the last few years building an immersive catalogue of much-loved delights, Paris Paloma has now announced her plans for her... 2 weeks 4 days ago

Courting unveil new single 'Battle'

After the rousing response to their much-loved sophomore LP 'New Last Name' earlier this year, Courting have now returned to share a brand new single... 2 weeks 4 days ago

Tom Vek returns with double A-side single 'Say / Nothing Bad'

Following on from the release of his much-loved studio album 'Newer Symbols' in 2022, Tom Vek has now returned to share a pair of brand new offerings... 3 weeks 20 hours ago

St. Vincent unveils new single 'Flea'

With her highly-anticipated new album landing later next month, St. Vincent has now dropped the next cut to be lifted from her forthcoming full-... 3 weeks 22 hours ago

Vampire Weekend deliver new single 'Mary Boone'

With their eagerly-awaited new album now just a week away, Vampire Weekend have dropped the next cut to be lifted from their forthcoming full-length... 3 weeks 1 day ago

DIIV deliver new single 'Everyone Out'

With their long-awaited new album set to arrive in the coming months, DIIV have now dropped the next track to be lifted from their forthcoming full-... 3 weeks 1 day ago

Pond announce new album 'Stung!'

Following on from their highly-praised LP '9' in 2022, Pond have now announced their plans for a new studio album, arriving in the coming months.... 3 weeks 2 days ago

mary in the junkyard announce debut EP 'This Old House'

Having been one of the more hotly-tipped names for the year ahead, mary in the junkyard are now looking to cement their legacy to date with the... 3 weeks 2 days ago