MI2N
Music Industry News Network
SATURDAY, JANUARY 31ST
Advanced Search
MusicDish Advertising Network
Subscribe to Mi2N's Free Newsletters B2N (business) i2N (indie)
HOME | FREE NEWS SUBMISSION | PREMIUM PR DISTRIBUTION | PR COPYWRITING | RSS FEEDS | TESTIMONIALS | CONTACT

Sections: Band | Business | Career | Events | Label | Music Releases | Radio | Tech | Video | Web Events
Genres: Country/Folk | Dance/Electronica | Jazz/Blues | Latin | Rock | Urban | World
International: Asia | Canada | Europe

Advertise | Artist Development | Submit Video | MusicDish*China | MusicDish e-Journal | MusicDish Network | Urban Music News Network
Business News (more headlines) 01-06-2013

President Jim Donio Comments On 2012 U.S. Year-End Sales Figures

Bookmark and Share
Statement of Jim Donio, President of music business association NARM, regarding U.S. year-end sales figures for 2012 (released by Nielsen SoundScan and published by Billboard).

"The results are in and Adele has topped the year-end album sales charts for the second consecutive year, the first time this accomplishment has been achieved by an artist since Nielsen SoundScan began tracking sales in 1991. Her album '21' sold another 4.41 million copies in 2012, and received Diamond certification by the RIAA, an outstanding honor for any album, let alone an album that has been in the marketplace less than two years.

"Digital tracks also had a remarkable year, with a record 1.336 billion songs sold, led by Gotye's 'Somebody That I Used to Know' with 6.8 million. Overall, digital track sales volume was up 5% over 2011, which is particularly significant given that notable streaming and subscription services were available for a full year in 2012. Moreover, a record 55.74 million digital songs were sold in the final week of 2012, fueled by redemptions of music download gift cards exchanged over the holidays. It's a figure that certainly validates music's place as a very popular and long lasting gift. NARM and RIAA will continue to partner to promote music as a perfect gift not just for the holidays but all throughout the year via our Give the Gift of Music (givethegiftofmusic.info) program.

"The continued growth of digital albums by 14% to 117.68 million is extremely encouraging. While we experienced another year of decline in CD album sales volume by 13%, they are in no danger of disappearing. CDs still dominate the market for albums, and Nielsen forecasts that digital albums will likely not overtake CDs in terms of market share until 2015. In addition, vinyl albums continued their upward trajectory for the fifth year in a row, rising by a healthy 18% to 4.55 million.

"If we look at overall US album sales for the year, factoring in albums and track equivalents, volume was down less than 2% from 2011. This compares favorably to some other territories around the world. In terms of the broader music marketplace, it's essential to note that data is not yet readily available that would factor in the positive economic impact of burgeoning streaming, subscription and other ad-supported models. And as smartphones, tablets and other new forms of technology enter the lives and households of more and more Americans every year, there will clearly be many new opportunities for growth of the music industry in the years ahead."


Bookmark and Share

back | top



MusicDish Advertising Network

Mi2N Music PR

AIRPLAY DIRECT SETS NEW GLOBAL STANDARD FOR DIGITAL DELIVERY TO RADIO IN 2015

JEFFERSON THOMAS "COMES ALIVE"

MarilynMusic Welcomes You To A Creative And Fruitful 2015

The Beijing Underground Showcase No1

"An Afternoon Of Artist Development" With Appearances And Panels With GRAMMY®-Winners Colbie Caillat And Toby Gad To Be Held In Anaheim

IQzic Music Discovery And Funding Platform Announces January 26th Launch

Cosmpolitan Country Artist, Rhea Francani, Releases Debut Single "Dizzy" To World Market January 20, 2015

Chinese Singer Ruhan Jia Heads To Paris To Introduce Her Album "Smile"



MusicDish*China Song Blast
Promote Your Music Single In China

News Headlines
Mi2N EDITOR'S PICKS
» Shazam Announces $30 Million Investment At $1 Billion Valuation
» Back To The Future Sounds: Moog Recommences Manufacturing Large Format Modular Synthesizers
» Nettwerk Music Group Acquires Robot Of The Century Music
» Introducing: Uphoric, The Global Festival Television Network
» GIVE ME A BREAK Radio Our Guest Thom Bresh
» PledgeMusic Names Alissa Crevier To Global Head Of Brand
» New Parlor Guitars Website Launched
» MODEST MOUSE SET TO HEADLINE Tampa’s Gasparilla Music Festival 2015
» 10th Anniversary CD Reissue & First Time Vinyl Release Of The Landmark Pink Floyd Tribute Album Back Against The Wall!
» The Doobie Brothers To Receive Music Biz 2015 Chairman’s Award


Get your music news covered...
Have your press release written
by the pros at Mi2N

Articles
MUSICDISH E-JOURNAL
» Red Bull Music Academy Sessions Kicks Off China Tour
» Red Bull Music Academy Accepting Applications For Paris Academy
» Nasty 8-bit Zombie GUIGUISUISUI Begins 2015 Tour
» Hyphenics Presents Transmission At Shanghai's URVC
» Vintage King Launches "Make Your Mark" Video Series
» Music Therapy May Provide Hope To Alzheimer And Parkinson Sufferers
» Asia Society: Shanghai / New York: Future Histories
» Is Nashville's New "It" City Status Threatening Its Musical Roots?
» The Connect Sessions: An Extravaganza Presented By SPIN And Powered By Microsoft
» BMG Signs Worldwide Rights Management Deal With Chinese Music Company Giant Jump
» CMA Gives Snapshot Into Music Discovery Behavior
» How To Manage Your Talent: FIVE Realistic Tips For Success

Mi2N's Music PR distribution service guarantees online exposure for your press release. Choose from seven (7) different packages.


HOME | FREE NEWS SUBMISSION | PREMIUM PR DISTRIBUTION | PR COPYWRITING | RSS FEEDS | TESTIMONIALS | CONTACT

Sections: Band | Business | Career | Events | Label | Music Releases | Radio | Tech | Video | Web Events
Genres: Country/Folk | Dance/Electronica | Jazz/Blues | Latin | Rock | Urban | World
International: Asia | Canada | Europe

Advertise | Artist Development | Submit Video | MusicDish*China | MusicDish e-Journal | MusicDish Network | Urban Music News Network
Copyright © 1997-2015 MusicDish LLC, all rights reserved. Text, graphics, and HTML code are protected by US and International Copyright Laws, and may not be copied, reprinted, published, translated, hosted, or otherwise distributed by any means without explicit permission.