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

Suede announce new album 'The Blue Hour'

After releasing their much-loved 'Night Thoughts' album back in 2016, Suede have now returned to announce the details of their next studio release... 6 years 2 weeks ago

Mogwai unveil new track 'Donuts'

Having spent a lot of the last few years providing music for soundtracks of all varieties, Mogwai have now returned to share a new cut taken from the... 6 years 2 weeks ago

Honne announce new album 'Love Me / Love Me Not'

After returning at the end of last month to share the new singles 'Sometimes' and 'Day 1', Honne have now announced their plans for a new studio... 6 years 2 weeks ago

Blood Red Shoes return new track 'God Complex'

Having been almost completely silent since the release of their self-titled album back in 2013, Blood Red Shoes are back and have delivered the first... 6 years 2 weeks ago

Ben Howard shares new track 'Nica Libres At Dusk'

With his highly-anticipated new album due out in just over a month, Ben Howard has now returned to share yet another cut from his forthcoming full-... 6 years 2 weeks ago

Simian Mobile Disco unveil new single 'Defender'

With only a few weeks left before they release their highly-anticipated new studio album, Simian Mobile Disco have now unveiled the next cut to be... 6 years 2 weeks ago

Seinabo Sey unveils new track 'Breathe'

Having already returned with a flurry of new material in the last few months, Seinabo Sey is back with another brand new cut. The new single '... 6 years 2 weeks ago

Years & Years announce new album 'Palo Santo'

After dropping the tracklisting for their new album on Twitter yesterday, Years... 6 years 2 weeks ago

Jon Hopkins shares new track 'Everything Connected'

With just over a week left before he releases his long-awaited new album, Jon Hopkins has now unveiled another cut lifted from his forthcoming full-... 6 years 2 weeks ago