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

Slow Club's Charles Watson shares debut solo single 'No Fanfare'

After his bandmate Rebecca Taylor recently began releasing solo material under the name Self Esteem, Slow Club's Charles Watson now looks to be... 6 years 5 months ago

Björk unveils new single 'Blissing Me'

With her highly-anticpated new album now only a few weeks away, Björk has now unveiled the next single to be lifted from her forthcoming full-length... 6 years 5 months ago

S. Carey announces new album 'Hundred Acres'

After a year that has seen him collaborate with Bon Iver and Dierks Bentlet, singer-songwriter S. Carey has now announced the details of his next... 6 years 5 months ago

The Breeders are releasing a new album next year

After getting back together to release the new single 'Wait In The Car' last month, The Breeders look set to be making a full comeback with a new... 6 years 5 months ago

Nils Frahm announces new album 'All Melody'

Following on from his much-loved 2015 album 'Solo', German producer Nils Frahm has announced his plans for a new studio album, set to arrive early... 6 years 5 months ago

King Gizzard & The Lizard Wizard announce new album 'Polygondwanaland'

It looks like they are just about going to do it. After announcing earlier this year that they would be putting out five studio albums in 2017, King... 6 years 5 months ago

Kimbra collaborates with Skrillex on new single 'Top Of The World'

With her new studio album due out early next year, Kimbra has now unveiled the latest cut to be lifted from her forthcoming full-length. The new... 6 years 5 months ago

Sia shares new track 'Snowman'

With her festive full-length due out later this week, Sia has now dropped another track taken from her upcoming studio album. The new single '... 6 years 5 months ago

Sigrid unveils new single 'Strangers'

After an incredible 2017 which has seen her grow from near obscurity to one of the biggest names of the moment, Sigrid has now returned to share... 6 years 5 months ago