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

William Onyeabor dies, aged 70

Legendary Nigerian musician William Onyeabor has passed away, aged 70, due to a short illness, according to a statement on Facebook. The... 7 years 3 months ago

CocoRosie and ANOHNI deliver anti-Trump song 'Smoke 'Em Out'

With all the drama and controversy surrounding the impending Donald Trump presidency soon to become a reality, CocoRosie and ANOHNI have delivered a... 7 years 3 months ago

David Rodigan announces autobiography 'My Life In Reggae'

As one of the nation's most beloved radio DJs and a champion of reggae and dancehall music in the UK, David Rodigan has announced his plans to... 7 years 3 months ago

Maggie Rogers shares new track 'On + Off'

As one of the many new artists set for great things in the year to come, Maggie Rogers has now unveiled a brand new single. The new track 'On +... 7 years 3 months ago

Los Campesinos! share new single '5 Flucloxacillin'

With their latest album now just over a month away, Los Campesinos! have unveiled the latest cut from their forthcoming full-length. The new track... 7 years 3 months ago

Grandaddy unveil new single 'Evermore'

Having already announced the details behind their first full-length in eleven years, Grandaddy have now shared another cut from their forthcoming... 7 years 3 months ago

Of Montreal release new EP 'Rune Husk'

Less than six months after releasing their latest album ‘Innocence Reaches’, Of Montreal have returned to surprise us with a new EP release. The... 7 years 3 months ago

Blaenavon announce debut album 'That’s Your Lot'

After a wave of hype throughout 2016, Blaenavon have finally unveiled their plans for their debut album, arriving later this year. The new full-... 7 years 3 months ago

The Big Moon unveil new track 'Hold This'

While their much-anticipated debut album is still a few months away, The Big Moon have now unveiled a new track we won't be seeing on their first... 7 years 3 months ago