Christian Retailing

NEWSLETTERS Current Issue Album sales drop in 2013 while digital streaming surges
Album sales drop in 2013 while digital streaming surges PDF Print E-mail
Written by Jeremy Burns   
Monday, 13 January 2014 12:48 PM EST

Nielsen-webOverall album sales in 2013 declined to 415.3 million, a drop of 7.7% versus the previous year, according to a report by Nielsen Entertainment. Meanwhile, music streaming services such as Spotify, Vevo and Rhapsody grew to 118.1 billion streams, up 32% compared to 2012.

CDs suffered the steepest drop in album sales, with last year’s 165 million copies sold representing a 14.5% drop from 2012’s numbers. Digital album sales stayed steady at 118 million, the same as in 2012, while vinyl albums grew 33% to 6.1 million sold.

“Despite shifts in how music is consumed, we see continued growth in overall music consumption,” said David Bakula, senior vice president of industry insights for Nielsen Entertainment. “With more than 118 billion streams in 2013 reported by our data providers, which is the approximate revenue equivalent of 59 million albums purchased, the industry remains vibrant as consumption continues to change and expand.”

 
Read the Vacation Bible School 2014 guide

In this current issue:

Crossway, LifeWay send ESV Bibles to Liberia

News image

Crossway has partnered with LifeWay and Together for the Gospel (T4G)...

READ MORE

Convergent Books plans pro-gay book

News image

Convergent Books, an imprint of Random House's Crown Publishing Group,...

READ MORE

Country star to hold debut book signing at LifeWay

News image

Country music superstar Josh Turner will sign copies of his first book,...

READ MORE

Baker Publishing Group to acquire Regal Books

News image

Gospel Light has entered into a Letter of Intent to...

READ MORE

Send The Light Distribution celebrates 40 years

News image

Send The Light Distribution is launching a year of celebration...

READ MORE

Retail sales spring up in March as winter weather ebbs

News image

Warmer spring weather spurred continued consumer spending and activity last...

READ MORE

Logos Bible Software partners with Church Publishing

News image

Logos Bible Software has announced a new partnership with Church...

READ MORE

Reach Records joins New Day Christian Distributors

News image

New Day Christian Distributors has added Reach Records to its...

READ MORE

LifeWay store hosts release party for The Perrys

News image

The Perrys launched their debut StowTown Records project, Into His Presence...

READ MORE

Nick Vujicic to offer hugs in Times Square for book launch

News image

Nick Vujicic will be launching Stand Strong (WaterBrook Press) with...

READ MORE

Needtobreathe to perform on ‘Late Show,’ ‘Ellen’

News image

Needtobreathe is gearing up for some high-profile performances to support the...

READ MORE

Bethany Press launches commercial printing business

News image

Bethany Press—best known in the Christian publishing industry as a...

READ MORE
100%
-
+
0
Show options

a