Music Purchases Up, Album Sales Down in 2009
UMG, Atlantic Win Market Share Honors
January 6, 2010 at 2:41 PM (PT)
While NEILSEN's SOUNDSCAN year-end 2009 data touted the fact that U.S. music purchases were up 2.9% over 2008. the actual revenue from said purchases was nowhere near as promising. Overall album sales (combining CD sales with track-equivalent albums) dropped 8.5%
Dissecting those numbers found that digital track sales increased 8.3% and digital album sales rose 16.1%. Unfortunately, album sales in all formats fell 12.7%. While vinyl album sales increased a whopping 33%, the hard fact is that the best-selling vinyl release, THE BEATLES' "Abbey Road," only sold 34,800.
When it comes to market share, UMG ruled the roost again with a little over 30%, followed by SONY (28.5%), WMG (21%), EMI (almost 9%) and all other (almost 13%). Label-wise, ATLANTIC RECORDS claimed the market share crown for the second year in a row, garnering 8.23% of the current album market share, 7.33% of the total album market share, and 8.45% of the current digital album market share.