MI2N
Music Industry News Network
SUNDAY, FEBRUARY 19TH
Advanced Search
MusicDish Advertising Network
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

David Vaters New Solo Release

Danish Singer Songwriter & Veteran Stars Win Acoustic Music Awards

MusicDish*China Presents Harper And Midwest Kind China Tour

Innovative Music Transcription Company Launches New Service

Indie LGBT Artist Craymo Wins 2nd Worldwide Music Contest In A Row, This Time For Best Video For Song Promoting Diversity, Equality And Peace, One Love One World

Jennifair "Sugar" Featuring Deion Luis (Official Video)

DigitalRadioTracker.com Launches Free Searchable Artist/Song Airplay Database



MusicDish*China Song Blast
Promote Your Music Single In China

News Headlines
Mi2N EDITOR'S PICKS
» Sound Royalties Unveils Plans To Invest $100+ Million In Songwriters, Producers And Other Music Professionals
» Nokia And Du Help Music Fans Share Videos And Pictures From Du Arena
» Universal Music Group Relaunches Polygram Entertainment To Accelerate Film And Television Strategy
» HitsMeUp Brings Music Fans Closer To Their Favorite Artists
» Pandora Reports Q4 And Full Year 2016 Financial Results
» Kevin Killen Named NYU Steinhardt Music Technology Artist-in-Residence
» Innovative Music Transcription Company Launches New Service
» Dates Announced For The Hard Work Pays Off Tour 2017
» Legendary Producer Tha 4orce And Confucius MC Present Their New Single 'More To It'
» The Legendary Voice - Patti Drew Makes Her Return


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

Articles
MUSICDISH E-JOURNAL
» Armada Night - China
» NYC's Chinese-American MC Bohan Phoenix Releases New EP 'JALA'
» Music Marketing Agency Syn Launches Beijing Office
» Warner/Chappell Production Music Promotes Aaron Gant To Senior Vice President Of Production
» World Blues & Roots Band Harper And Midwest Kind China Tour
» ASCAP Expands Asia-Pacific Strategy
» Why Do So Many Music Technology Startups Fail?
» New Report Debates Future Of Arts & Culture Ticketing
» Sino-Franco Festival Partnership: YinYang Music & Chateau Perche
» China's Leading Streaming Platform To Talk Strategy At Midem 2017
» An Open Letter To President Donald J. Trump
» The Wu-Force Self-Titled Debut EP Out For Lunar New Year

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 © 1997-2017 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.