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.”

 

In this current issue:

Hip-hop, science fiction cited as Christian product trends

News image

CBA’s Christian Product Trends workshop gave retailers attending Unite 2016...

READ MORE

Nielsen research, panel review state of Christian market

News image

Four of the Christian products industry’s CEOs shared their thoughts...

READ MORE

Targeted marketing, data tracking help Parable, Covenant stores

News image

The Parable Group and Covenant Group make targeted marketing and...

READ MORE

Logos group names Walter Wangerin Author of the Year

News image

Best-selling author Walter Wangerin was named Author of the Year...

READ MORE

DaySpring director highlights need for ‘real’ customer connections

News image

Christian retail customers long for community, says DaySpring Brand Director...

READ MORE

CBA honors international publisher with Lifetime Achievement Award

News image

CBA honored Jean-Luc Cosnard, a Christian publishing innovator and former...

READ MORE

James Rubart wins Christy Award Book of the Year

News image

The 2016 Christy Award winners were announced Monday in a much...

READ MORE

Christian retailers encouraged to 'stand and engage'

News image

Christian retailers and suppliers were called to "Stand and Engage"...

READ MORE

Retailers learn how to fight Amazon, build teams

News image

Afternoon breakout sessions at the International Christian Retail Show showed...

READ MORE

Munce, MTL point consumers to Christian retail

News image

Florida-based Munce Group celebrated a quarter-century of service to Christian...

READ MORE

ACFW to honor pioneer novelist Janette Oke

News image

American Christian Fiction Writers (ACFW) announced the 2016 Carol Award...

READ MORE

Christian Retailing's Best awards announced at Unite 2016

News image

B&H Publishing Group was the runaway winner with 13 awards...

READ MORE
100%
-
+
0
Show options

a