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

Maximo Park’s Paul Smith & Field Music’s Peter Brewis announce collaborative album

Maximo Park and Field Music frontmen Paul Smith and Peter Brewis have teamed up to work on a new collaborative album. The new record 'Frozen By... 11 years 8 months ago

Alt-J share new single 'Every Other Freckle'

Following on from the already unveiled 'Hunger Of The Pine' and 'Left Hand Free', Alt-J have now shared another track from their forthcoming studio... 11 years 8 months ago

Flying Lotus previews new album with audiovisual sampler

As news about Flying Lotus' forthcoming new album 'You're Dead' slowly comes in, the producer has now shared the first taste of his new record. A... 11 years 8 months ago

She & Him announce new covers album 'Classics'

Folk duo She... 11 years 8 months ago

Jessie Ware shares Ed Sheeran collaboration 'Say You Love Me'

Ahead of the release of her sophomore album later this year, singer Jessie Ware has now unveiled her collaborative effort with Ed Sheeran from the... 11 years 8 months ago

Jabberwocky Festival cancelled

The London-based art, film and music festival Jabberwocky has been cancelled. ip-ladiva.com/payday-loans-in-phoenix-az The event, due to take place... 11 years 8 months ago

Jamie T shares new track 'Zombie'

With the return of Jamie T now fully underway, the singer has unveiled the third track from his forthcoming new album. The single 'Zombie' is... 11 years 8 months ago

Kendrick Lamar and Snoop Dogg to feature on new Flying Lotus album

After news broke late last month about a new album coming later this year, Flying Lotus has unveiled the tracklisting for the new release which... 11 years 8 months ago

Kindness announces new album 'Otherness', shares new track 'World Restart'

British singer Adam Bainbridge aka Kindness has announced a new album for later this year. The new record 'Otherness' follows on from 2012's '... 11 years 8 months ago