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

Bonobo shares new Rhye collaboration 'Break Apart'

With just over a month to go until his next studio album, producer Bonobo has now unveiled another taste of what we can expect from his forthcoming... 7 years 5 months ago

Sir Was announces debut album 'Digging A Tunnel'

Following a flurry of singles over the last few years, Gothenburg-based artist Sir Was has announced his plans for his first studio album, due out... 7 years 5 months ago

Ryan Adams announces new album 'Prisoner'

After releasing his cover album of Taylor Swift's '1989' last year, Ryan Adams is back with his first studio album of original material since 2014... 7 years 5 months ago

Beyoncé leads Grammy nominations

The nominations for this year's Grammy Awards have been announced, with Beyoncé topping the list with a total of nine nominations for next year's... 7 years 5 months ago

Elbow announce new album 'Little Fictions'

Following on from their critically-acclaimed 2014 release 'The Take Off And Landing Of Everything', Elbow have now announced their plans for a new... 7 years 5 months ago

Nicolas Jaar, Death Grips and more confirmed for Field Day

Having already announced Aphex Twin and Flying Lotus earlier this month, Field Day have now unveiled the first batch of names set to perform at their... 7 years 5 months ago

Flying Lotus added to Field Day line-up

It certainly seems that London's Field Day festival are planning an epic line-up next year, as Flying Lotus joins Aphex Twin as the second name to be... 7 years 5 months ago

Rag 'n' Bone Man announces debut album 'Human'

Having found himself in the running for this year's BBC Sound of 2017 poll, soul singer Rag 'n' Bone Man has now unveiled his plans for his debut... 7 years 5 months ago

SINGLES OF THE WEEK - WEEK OF 5th DECEMBER 2016

Whatever the genre, if it's good music then it deserves to be heard... 'I Know A Place' - MUNA A formidable pop force is on the rise in the... 7 years 5 months ago