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

Bloc Party announce 'Silent Alarm' European tour

With so many bands taking to the stage to perform their classic albums in full these days, none has got as excited as what Bloc Party have in store... 6 years 1 month ago

Seinabo Sey shares new track 'I Owe You Nothing'

Having been largely quiet since the release of her last LP, Sweden's Seinabo Sey is back with a brand new single. The new track 'I Owe You Nothing... 6 years 1 month ago

Leon Bridges details new album 'Good Thing'

After announcing his plans for a new studio album earlier this week, Leon Bridges has now shared the full details behind his next full-length release... 6 years 1 month ago

Kate Nash unveils new track 'Life In Pink'

With her highly-anticiapted new album due out in just a couple of weeks, Kate Nash has now unveiled the first taste of what we can expect on her... 6 years 1 month ago

Courtney Barnett shares new single 'Need A Little Time'

With her highly-anticipated new album due out in the coming months, Courtney Barnett has now dropped the next cut to be lifted from her forthcoming... 6 years 1 month ago

Kali Uchis confirms debut album 'Isolation'

After a whirlwind 2017, which saw her release a batch of excellent material, Kali Uchis has now unveiled the release date for her long-awaited debut... 6 years 2 months ago

Sigrid shares new single 'Raw'

After starting the year winning the BBC Sound Of 2018 poll, Norwegian rising-star Sigrid has now returned with a brand new single. The new track '... 6 years 2 months ago

Arcade Fire unveil new short film 'Money + Love'

With the band's latest album 'Everything Now' still proving to be a huge hit, Arcade Fire have now unveiled a new short film, which acts as a music... 6 years 2 months ago

Pearl Jam unveil new single 'Can't Deny Me'

After releasing their tenth studio album 'Lightning Bolt' back in 2013, grunge legends Pearl Jam are back with a brand new single. The new track '... 6 years 2 months ago