Nielsen: Music Sales Down 4.6% In 1st Half Of 2013
July 19, 2013 at 5:48 AM (PT)
NIELSEN is reporting that sales of albums and track equivalents fell 4.6% vs. the first six months of 2013. Digital albums are up 6.3%, but Digital tracks were down 2.3%. CD sales declined 14.2% and Vinyl LP sales were up 33.5%.
"Overall sales are down slightly in the first half of 2012, but there continues to be encouraging growth in digital album sales," NIELSEN ENTERTAINMENT SVP DAVID BAKULA noted. "Digital albums now comprise 43% of all album sales, up from 38% at this time last year. Also, while a small percentage of the overall album sales, Vinyl LPs continue to be an amazing growth story with sales up over 33% over last year’s record-setting pace."
"Streaming continues to be a tremendous growth story with over 50 billion audio and video streams in the first six months of 2013," he continued. "Not only are we seeing massive volume of streams, but we continue to see growth on a comparable provider basis, with stream volume up 24 percent over the same period last year."
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