Thursday 9 July 2009

Last year 105,000 albums were released in the US. Only 6,000 of them sold more than 1,000 copies

"At the recent A2IM (American Association of Independent Music) annual gathering in New York, some scary numbers were floating around. According to Nielsen Soundscan, a total of 105,000, new full-length albums were released in 2008, a fourfold gain from the earlier 2000s. And of that pot, just 6,000 releases sold 1,000 units or more in the first year.
Across the pond, similar information emerged. During a DIY discussion at Musexpo Europe in London last week, industry consultant Keith Jopling noted that over 30,000 albums are released every year in the United Kingdom, a 30 percent gain since 2000. Other markets are undoubtedly experiencing similar booms, based on the ability of any artist to create cheaply, upload instantly, and build fanbases directly."
Source: DigitalMusicNews, 9th July 2009

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